NFTs Are a Pyramid Scheme and People Are Already Losing Money

Photographers, filmmakers, and digital artists are falling over themselves to mint NFTs in a get-rich-quick scheme that will do little beyond transferring wealth from artists to tech billionaires. Why are so many people buying into the idea that something is rare because everyone says it is? [ Read More ]

NFTs Are a Pyramid Scheme and People Are Already Losing Money

NFTs Are a Pyramid Scheme and People Are Already Losing Money

Photographers, filmmakers, and digital artists are falling over themselves to mint NFTs in a get-rich-quick scheme that will do little beyond transferring wealth from artists to tech billionaires. Why are so many people buying into the idea that something is rare because everyone says it is?

[ Read More ]