Perhaps this is what is happening with NFTs
Posted: Tue Feb 18, 2025 3:29 am
Furthermore, that person also can't use the cryptocurrency commercially — on the cover of their book or in an advertisement for their company, for example. After all, NFTs don't convey copyright — it's just a record of authenticity .
So many critics of the NFT market ask: if NFTs do not guarantee exclusivity or free right of use, why are they worth so much? In this sense, critics accuse the NFT market of a big fantasy, which leads investors to bet large amounts of money on transactions with no real value.
Have you ever heard of the " fool theory "? This is an expression used in the stock malaysia phone number list market that says there will always be someone more foolish willing to pay a higher price for what he paid for an asset.
bubbles, which can be understood as outbursts of irrationality that lead investors to pay much more for an asset than its intrinsic or essential value.
: people are paying exorbitant amounts for assets that have not yet shown their true value, in the hope that someone dumber will pay dearly for them in the future. The problem is that bubbles can burst .
So many critics of the NFT market ask: if NFTs do not guarantee exclusivity or free right of use, why are they worth so much? In this sense, critics accuse the NFT market of a big fantasy, which leads investors to bet large amounts of money on transactions with no real value.
Have you ever heard of the " fool theory "? This is an expression used in the stock malaysia phone number list market that says there will always be someone more foolish willing to pay a higher price for what he paid for an asset.
bubbles, which can be understood as outbursts of irrationality that lead investors to pay much more for an asset than its intrinsic or essential value.
: people are paying exorbitant amounts for assets that have not yet shown their true value, in the hope that someone dumber will pay dearly for them in the future. The problem is that bubbles can burst .