this post was submitted on 11 Mar 2026
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But Gary Vee told me NFTs would make me rich!
That guy was on one of my favorite podcasts a few months ago, "Are You Garbage?". Granted, part of the podcast is talking about your past, but this guy never stopped talking and it was always about himself and how great he was.
He suffers from some sort of mental health disorder that doesn't allow to smell your own shit. That guy is fucking nuts.
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That was the most goddamn awful thing ever seen. Where are those shitheads who first sold the fucking idea?
In hindsight, the monkey NFT thing was a "good" idea but poorly implemented. It was an attempt to create a digital version of beanie babies or baseball cards.
I mean "good" if you consider beanie babies and baseball card collecting and the value speculation a good thing. (I don't.)
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Dramatic? I found this an entertaining example of dumbness 🍿🍿🍿
For sure. This is comedy, not drama.
Haven't heard anything in a while. So things aren't going so well? 😂
Its not worth a single cent in reality
I would replace "dramatic" with "predictable". Everybody knew it was bullshit. It was like tulip mania, but without actual tulips.
I purchased a really cheap NFT domain that I can link my cryptocurrency wallet address to so that instead of having to type out the 90 character string and get it right, you can type out a human readable domain. Other than that small use case, I've never had any other reason for it. But hey, it's kind of cool. And I don't see why not keep it since I already have it. And as I said, it wasn't that expensive anyway.
These ape NFTs are also the ugliest and dumbest thing ever. Their faces look like hairy testicles. Whoever spent more than like $0.5 for this, fully deserves the outcome.
The way money-laundering works, you take ill-begotten funds and somehow churn it into legal tender in ways that can't be traced back to the source. Another angle is to create corporate entities that show loss against gains, so you can deduct and don't have to pay taxes on your windfall profits.
In the olden days, these were physical, degrading assets. Like strip malls, real-eestate, and dodgy, money-losing businesses that somehow stuck around forever. At the end, you were stuck with physical entities you couldn't unload.
Crypto and NFT were just digital variations of the same financial model, minus the hassle of having to manage the property.
Oh, they caught their money laundering scheme!