Author Topic: NFTs: Into the Budverse  (Read 153 times)

Offline Wilbur

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NFTs: Into the Budverse
« on: November 30, 2021, 11:15:32 am »

I don't know where to begin with this whole thing. Why do you have to buy with ethereum? What is the Budverse, and why would you want to go there? Why can't people hoard gold like the good ol days? Why can't people work on creating products with actual benefits instead of all these NFTs and cryptocurrencies that just burn resources?

Offline MDixon

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Re: NFTs: Into the Budverse
« Reply #1 on: December 01, 2021, 06:20:40 am »
It only has value if someone else is willing to buy it. The firm or person makes money, but after that it's a crapshoot. I remember on Billions an artist drew a doodle and sold it to one of the brokers.

I'm not bothered by people doing this so long as they can afford to lose their investment. My fear is people who don't have the resources will invest in crypto or something else and find they have lost it all when things eventually go sideways.
It's not a popularity contest, it's beer!