The market for the digital items plummeted after their glory days in 2021 and 2022, and they’ve proven to be not only an artistic and aesthetic disaster, but a shortcut to financial ruin
I think it was even easier to say in 2021, because more people knew about it and the scam was even more obvious. Now, in 2026, most people’s hindsight doesn’t go back that far, it was quickly forgotten as it should be, and people are like “huh? NFT?”
Isn’t it pretty obvious this was 99% a money laundering scheme?
If it wasn’t in the beginning, it was after Folding Ideas/Dan Olson released “Line Goes Up”.
Only to people with brains.
That’s easy to say with the benefit of hindsight in 2026. However, back in 2021, it was easy to say without the benefit of hindsight.
Had me in the first half, not gonna lie.
I think it was even easier to say in 2021, because more people knew about it and the scam was even more obvious. Now, in 2026, most people’s hindsight doesn’t go back that far, it was quickly forgotten as it should be, and people are like “huh? NFT?”
The only good thing out of NFTs was that I learned what fungible means.
Is a thing with null value fungible?
Nah, A large portion of it was idiots attempting to lose money as quickly as possible.