⭐ Merited by ololajulo (1)
why the hell did people ruin the NFTs?
I think we all know the answer to that one. Greed.Looks a bit low-quality, and not a very impressive portrait. Yet these sell for millions of dollars. Why? Because they are scarce, very old, and made back when hardly anybody else was making baseball cards.
You can compare them to baseball cards, but is there any reason we can't compare them to something like beanie babies instead? A short lived fad, which people will spend hundreds of thousands of dollars on now, in 5 years will be worth nothing, and in 20 years we will look back on it and shake our heads at how people could be so stupid as to spend all that money on a stuffed toy/some MS paint drawing?But the vast majority require perpetual hype to sustain elevated floor prices, and yeah, a lot of them are scams.
Exactly my point. There are some legitimate uses for NFTs, and I would have no problem with these legitimate uses being based on Bitcoin, but I see no reason to attract what are 99% scams to migrate from Ethereum to Bitcoin. But if other people do, then go ahead. I can't stop you. 