A beanie baby did exist yet provably cost $1 to make and sold for hundreds…pretty valid comparison.
Comment on Internet picture of a monkey
friendlymessage@feddit.org 4 days agoNot really the same, I mean, Beanie Babies actually physically exist and require work to be produced
nexguy@lemmy.world 4 days ago
cujo255@sh.itjust.works 3 days ago
But can you click ‘save as’ on a beanie and have an identical copy for free?
nexguy@lemmy.world 3 days 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.
JillyB@beehaw.org 4 days 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.
CheezyWeezle@lemmy.world 4 days 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.
AppleTea@lemmy.zip 4 days ago
also, tf2 hats
Mulligrubs@lemmy.world 4 days ago
I have a derby! It’s worth a billion dollars