NFTs: Does Infinitely Printing JPEGs Cause Inflation? (explorocracy.com) 4 points by derekpankaew 4y ago ↗ HN
[–] togaen 4y ago ↗ “When someone prints a new NFT, it drives up the value of the top 5% of the NFTs in that category, while driving down the value of the other 95%.”Sure sounds a lot like a pyramid scheme.
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[ 2.6 ms ] story [ 18.1 ms ] threadSure sounds a lot like a pyramid scheme.