Ask your Dad about that timeshare he got suckered in in the 80's, for a comeback.
At least it exists.
The two aren't even remotely comparable. A timeshare may not be as valuable as you thought it was, but it exists and you can use it. An NFT is basically an entry in a star registry, but the people think (or at least thought) they actually own the stars.
On the other hand, with an NFT you've just thrown your money down the toilet, while timeshares will keep charging you fees and are incredibly difficult to get out of (and the services that supposedly help people get out of them are often scams too).
As a dad, I sincerely hope the dumbest thing my kids ever do is make a bad investment.
My kids are 2. Im working on my "dad talk".
The best I've heard so far is something like: there are two activities that can irredeemably ruin your life: sex, and driving. Both are infinitely riskier with booze.
Teen pregnancy has to be an undisputed #1
That's not too bad, we could solve that problem in an afternoon.
Didn't happen but very funny.
Ah, how quickly they forget how Boomers went feral over Beanie Babies.
Not really the same, I mean, Beanie Babies actually physically exist and require work to be produced. You could compare it to Labubus, Warhammer figures or collectibles of any kind but NFTs are just peak worthless stupidity with no prior equivalent
No prior equivalent? NFTs are basically just an evolution of fraudulent bonds and fake stocks, which people have been falling for for literally centuries.
also, tf2 hats
A beanie baby did exist yet probably cost $1 to make, completely useless with virtually no intrinsic value, and sold for thousands...pretty valid comparison.
And timeshares. And pyramid schemes.
I remember my parents doing one of those weird chain letter things where you'd copy the letter to a few other people, send a few quid to the people on the list, and within weeks you'd be sent thousands of pounds, if only the scheme didn't require more people than there were in the whole country.
And the stock market, and the housing market. Boomers did actually ride a huge wave of capital appreciation.
And Reaganism.
Pet rocks.
And every ridiculous “must have” Christmas toy craze.
Nowadays people spend their money on sensible crazes, like Stanley Mugs.
Lmao apparently people still think they're worth money. My 18 yo stepson said the other day how his mom could sell her beanie babies for "a lot of money!" We both just laughed. He thinks his mas produced Funko pops are gonna be worth a fortune one day too
Theoretically, it is possible that 70 years down the line it might actually be worth something, assuming it is still new in box, undamaged, and it is of something that is still culturally relevant.
But the chances are so slim as to make it a worse gamble than the stock market.
Rarity is a huge factor for stuff like that. If everyone keeps theirs pristine because they know it'll be worth something it won't be rare and it'll be worthless. Collectibles that are worth the most are things that people didn't value as much at first and used them normally. They got worn and broken and discarded so it's very rare to find one in good condition.
People keep Beanie Babies and Funko pops in boxes so they'll never be worth anything because there are so many good quality ones.
To an extent I agree with you. The “problem” comes when people slowly start to realize that and open them or throw them out. At which point the items actually can become worth something. Though again, unlikely.
Part of the problem with most collectibles “meant” to be “worth something eventually”, are packaged in such a way that they are “enjoyable” in the packaging. You can put a sealed Funko or Beanie Baby on a shelf and you’re looking at the item itself. There’s no reason to open them.
If you truly want a “collectible”, purchase something like a game console and keep it in its box for fifty years.
Proceeds to collect Labubu dolls
Okay, how do you do that? How do you make some weird bullshit uncute thing that gets a billion people to buy one or two and ten thousand people to buy four hundred? Trolls, beanie babies, funko pops, whatever the fuck a labubu is, to a lesser extent, pokemon cards...Surely these people are millionaires but don't deserve it. I should be a millionaire and not deserve it.
One of the women in blackpink started carrying a labubu around. That's pretty much it.
If you check out one of those shops, they rotate through hundreds of different attempts that have failure or minor success throughout the year before one of the tik tok influencers gets it right and the sheep get in line, but not before trend vultures buy out the stock for their eBay scam
Step 1, push for the demise of society. Make sure to abolish all rules that would otherwise stop you.
Step 2, make a cute ^(TM)^ doll in the most addictive manner possible.
Wait, I skipped a step 0, discard all ~~previous instructions~~ sense of morality, hollowing out your soul in the pursuit of temporary vanity.
The rest is ~~like~~ literally taking candy from babies.
Deserved
I can't fathom sharing this about myself on the internet
I personally think it’s great to share your mistakes if you want to be open about them. I don’t necessarily share too much socially online but I do overshare in the office at times. I honestly don’t care what people think of me, I know who I am and what I stand for.
Y'know what, i agree
He's not wrong...
Conversation very obviously staged for Internet points, but actually they spent all their money on the receipt for an Internet money picture.
You know what, I got a brilliant idea:
See, the chimp in my avatar is called Ai Ai. Was? I don't know if she's still alive; last news I could find about her are from 2005, when she stopped smoking. Anyway, what if I had artificial intelligence to create a bunch of her pictures, and sold them as NFT? The "AI Ai Ai collection", or Ai³ for short. I wouldn't do this to scam a bunch of suckers, noooooo; I'd do it because you can get rich, if you "invest" into my collection: buy an Ai³ NFT now, for just 100 euros. Then resell it for a thousand euros, for mad profitz!!!
[...I'm obviously joking. C'mon, this summer is easily getting past 30°C, in a city where it used to snow once in a blue moon. I definitively don't want to feed the global warming further with dumb crap like this.]
Not nearly enough AI, bro. Gotta add more AI, bro. C'mon bro, you know you want to... maybe just a little, as a treat?
All my apes... Gone...
R/faketexts
NFTs just slide out of my brain.
I remember someone bought a piece of art, like actual bespoke art, that was NFT'd, for some millions of dollars. This created the dumbest speculative bubble I'm aware of when people were paying actual money for ugly randomized monkey pictures they could prove ownership of on the blockchain.
It's my understanding that NFT technology could be used for things like proving copyright ownership; a creator creates an NFT of his work as published, and then anyone attempting to plagiarize it can't provide the NFT, kind of like PGP signatures. But it didn't get used for that and that dumbass monkey bubble probably poisoned that use case for a generation at least.
His Dad is ruthless AND RIGHT
Post memes here.
A meme is an idea, behavior, or style that spreads by means of imitation from person to person within a culture and often carries symbolic meaning representing a particular phenomenon or theme.
An Internet meme or meme, is a cultural item that is spread via the Internet, often through social media platforms. The name is by the concept of memes proposed by Richard Dawkins in 1972. Internet memes can take various forms, such as images, videos, GIFs, and various other viral sensations.
Laittakaa meemejä tänne.
