Comment on Internet picture of a monkey

• CheezyWeezle@lemmy.world ⁨2⁩ ⁨months⁩ ago

  No prior equivalent? NFTs are basically just an evolution of fraudulent bonds and fake stocks, which people have been falling for for literally centuries.

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  • AppleTea@lemmy.zip ⁨2⁩ ⁨months⁩ ago

    also, tf2 hats

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    • Mulligrubs@lemmy.world ⁨2⁩ ⁨months⁩ ago

      I have a derby! It’s worth a billion dollars

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• nexguy@lemmy.world ⁨2⁩ ⁨months⁩ ago

  A beanie baby did exist yet provably cost $1 to make and sold for hundreds…pretty valid comparison.

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  • cujo255@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

    But can you click ‘save as’ on a beanie and have an identical copy for free?

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    • nexguy@lemmy.world ⁨2⁩ ⁨months⁩ ago

      You can have a duplicate made for a few bucks. Not free but when the difference is $1 to $1000 or $0 to $1000, no one wants your beanie baby just as much as no one wants your nft monkey picture.

      Both can be authenticated to say you own the only blockchain backed copy of an nft or a rare beanie baby. Almost no one cares about either.

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• JillyB@beehaw.org ⁨2⁩ ⁨months⁩ ago

  Just because beanie babies exist in the real world doesn’t make them valuable. The NFT bubble was similar to the beanie babies bubble.

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