this post was submitted on 17 Jan 2024
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It all started with an online video of what appeared to be Elon Musk promoting a new investment opportunity...

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[–] veeesix@lemmy.ca 11 points 9 months ago (1 children)

Totally preventable. Setting aside tech literacy for even a moment, they fully ignored the warnings their friends gave them and went along anyway.

[–] UNWILLING_PARTICIPANT@sh.itjust.works 7 points 9 months ago (1 children)

FOMO. So many people lost their minds because they "missed out" on the crypto bubble. I'm convinced that's the only reason NFTs even got halfway as far as they did - folks trying to artificially meme up a new gold rush that they could ride

[–] EmergMemeHologram@startrek.website 4 points 9 months ago (1 children)

The irony of NFTs is you could just post your public keys and people could verify you own some hash signifying your ownership of a jpeg, without all the blockchain and gas fees.

Literally a spreadsheet with two columns on an agreed upon "authoritative" server would have accomplished the same thing