View our nft here: https://bit.ly/3vobMIx
So join us today as we voyage through the crypto looking glass and ask exactly what are NFTs?
An NFT, or Non-Fungible Token, is essentially a database record on the blockchain, that refers to a unique, specific digital asset. That asset might be a song, or a GIF, or, as we’ve seen, a pixelated doodle.
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Why People Are Investing Millions Into NFTs
source
Who else has invested into NFTs?
Wake up and smell the tulips
The hot huge cemetery inexplicably succeed because mosque intermittently fail qua a wrathful node. low, ill-informed operation
4:46 please don't attack me like that
I love this video.
It's called "money laundering".
That's why people pay millions for "art".
NFT’s seem pretty stupid. They seem that way atm. I wonder if I'll ever be convinced.
These people have too much money and too little neurons
Trade offer!
I receive:several million dollars
You receive:jpeg
Art costing money is fine but a monke that took 30 seconds in ms paint really shouldn't be worth over 1 million dollars when theres nothing stopping you from screenshoting it and croping it and getting the same product
The world is mad instead of buying a png of a fucking 2012 epic rage meme face for 2 billion dollars why don't you fucking donate that instead to people who actually need the money to survive fucking hell
Seller got money but what buyer got ? what he/she Will do with this NFT ??
just when you think people cant get any dumber….
Digital Tulip bubble
It's not about what is it, it's about who made it.
This makes me so fucking angry.
Worth typing out again cause holy shit this makes me so fucking unimaginably fucking angry. These cunts just make shit tonnes of money by selling the idea of owning a png. I just. Seeing red. Fucking seething.
was confused until I remembered money laundering.
It's almost the video number 100 I've watched about NFT, AND I still don't understand. WHY PEOPLE BUY THESE SHIT ?!!
to anyone who buys or sells NTFs i humbly request you commit unliving <3
So it's gambling? Just with a higher chance of return because you buy something with value instead of a ticket that just tells you "Won" or "Lose"
pov:you know why people spent million on image with just reading comments.
Monkey laundering
try pvu
This is so stupid I’m having an aneurysm trying to comprehend why people would buy things that I can have by pressing my power and volume button
bitcoin does not derive value from the blockchain, the blockchain is used to secure transactions
So I can make a random pixelated face on Minecraft for a few minutes & sell it for thousands if not millions? This world is stupid.
Curse the person who invented Bitcoin & ‘blockchain’ he made this generation even more stupid than it already is.
I screenshot it every part of this video
Larva labs
So soon memes will be locked behind a paywall damn this world turning into a whole micro transaction store made by EA
If someone paying millions for a shit then definetly he is not paying for a shit but something else.
I think you didn't get to sell the nft right
OK, Scam confirmed. Literally no one can tell me why digital art that can only be accessed online is worth anything or has the potential to be worth anything. There's not even a watermark on an item that lifts once an NFT is purchased. Flex rights isn't a good enough to reason to buy an NFT. The scarcity is manufactured and unlike actual physical collectables, they have no chance of deteriorating over time, so the collectability is essentially worthless.
Thank you for the very informative video.
I can continue to live my real life now, just knowing that I really don't need any NFT to do so.
They are selling for millions because people are retarded.
After dozen of videos on the topic it still sound utterly stupid to me
Holly shit, best way to Laundry money, it would be interesting to see who is selling millions in stupid images.