My article last week about NFTs being bribes drew a fair amount of attention. Many were especially upset that I would condemn starving artists finally making money, proving the point I made. The people getting paid, or potentially getting paid by Ethereum become its staunch defenders. This would be funny if it wasn’t so sad. In this article, I hope to show that NFTs are doomed to crash from simple economics analysis.
NFTs are doomed. Bitcoin Tech Talk #230