Faz's Crypto Thread

yeah when people said NFTs would have use in the near future the monkey's paw curled and we got this

My point being that there are many scam money grabs that are denominated in usd

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to be fair the market cap on BAYC is 2bil, even if fortune telling grossed as much it wouldn't come close to the total trash nft market cap

Fair point. 2 billion is pennies though

Moreover the market is the market and fair value is a myth

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I find that aspect of shitty NFTs more annoying than anything. idiots out there with NFT PFPs talking up the market making everyone else associate NFTs with shitty art and not what they could do. People like Gamut are totally validated at the current moment

whatever when GameStop launches their marketplace next year all the dubious gamers will roll over

Hesitant agreeness from me. I think any publicity now is good for when there are ultimately useful applications

Though the name nft sucks ass

Bored and lazy animals fuck up the planet and go to Mars. Yup that's NFTs alright.

Your understanding of energy usage needs to be heavily refined

And ultimately short lived. Nearly all crypto projects are transitioning to proof of stake, many are carbon NEGATIVE

https://www.algorand.com/resources/blog/how-algorand-offsets-carbon-footprint

Stop being so ignorant

Crypto 2.0: Every Minted Cryptocoin Automatically Commands A Robot To Plant A Tree

You're such a dogmatic ■■■■■■

Gamut: capitalism is bad. Stock market is corrupt and valueless

Also gamut: no crypto is bad! Everything on earth should be denominated in USD because crypto is a scam!

You hold two fundamentally conflicting ideologies simultaneously

Crypto is the means to decentralize control of governments over the monetary lives of citizens

You should be completely for this

Bitcoin was literally created as a means to replace the corrupt banks following the 2008 collapse

The founder is completely anonymous as historically anyone with the intent to usurp the usd has ultimately been jailed