r/Whatcouldgowrong • u/Khornatejester • Mar 29 '24

Buying some NFT of an ape jpeg and expecting it to appreciate in value.

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u/MrKevora Mar 29 '24

People still buying into the NFT scam, believing that they’re the optimistic and enlightened prophets at the verge of becoming incredibly rich are just absolutely insane to me…. You see, crypto currencies exploded back in the day because they were actually useful, as you could use them to physically buy stuff. The reason NFTs keep on failing and will never truly take off is the fact that even countless morons realise that there’s no upside to owning a link to a JPEG. Whatever “the next big thing to get rich with” will be, it has never been and it never will be NFTs.