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From millions of dollars to under a grand: The dramatic fall of the NFT (english.elpais.com)
submitted 6 months ago by to c/technology@lemmy.world
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[–] 65 points 6 months ago (10 children)

What? You mean digital art that infinitely reproducible, can't actually be owned, WASN'T the next big thing? Oh jeez. I hope the metaverse succeeds and if not then AI surely will RIGHT?!?!

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  • [–] 28 points 6 months ago (5 children)

    Hey but this cryptographic key says that I own it because I paid made up currency units for it or something

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  • [–] 15 points 6 months ago (4 children)

    Hey but that made up currency I worked for by burning electricity, I mean MINING it.

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  • [–] 2 points 6 months ago (3 children)

    Hey, but the recent changes means I earned that made up currency by proving I own more than you!

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  • [–] 9 points 6 months ago (2 children)

    My favorite thing is there are certain NFTs that are viruses that as soon as you do ANYTHING with them, they go and transfer all of the contents of your wallet to another wallet. Even deleting them triggers this action. So if you have unknown NFTs in your wallet you can’t touch them lest they trigger this virus.

    How could this not be the future of commerce?

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  • [–] 8 points 6 months ago (1 child)

    WHAT?!? I've never heard of that! That's nefarious! WOW!

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