Share Funny Videos, Images, Memes, Quotes and more

3176 readers

557 users here now

#funny

founded 6 years ago

MODERATORS

laurabrown00@lemmy.ml

testman@lemmy.ml

349

Remember NFTs (lemmy.ml)

submitted 1 day ago by yogthos@lemmy.ml to c/funny@lemmy.ml

39 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Manmoth@lemmy.ml 5 points 9 hours ago (1 children)

I'm pretty sure it was just money laundering

[–] MidsizedSedan@lemmy.world 3 points 6 hours ago

Dan Olsen has a great video on it.

https://www.youtube.com/watch?v=YQ_xWvX1n9g

I don't want to oversimplify it (its a great watch/listen. Great when cleaning the house as background audio)

But it can be simpleified to

"rich guys bought into cryto. Cryto became mainly for drugs. Silk road dead. No use for cryto. Push NFTs, where the only way to buy in is with Cryto. Normie's buy into NFTs. Cryto value goes up. Rich guys can sell at a good price.