That’s right, NFT’s are a tool for low talent charlatans to grift at scale off of laypeople by claiming they will make money buying them. The digital art was just one such con.
The concept of NFTs for art is pretty new. I first heard about the idea of NFTs in 2013 and that was using them for things like deeds to land and vehicles.
which is incredibly stupid because a nft is fundamentally incapable of solving these challenges (owning the nft means nothing if a court determines someone else owns the house)
... which remains a terrible idea, because what happens to your land or vehicle if you lose your keys / forget your pass phrase? Or if someone else phishes you?
