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Are NFTs Just a Pyramid Scheme? | #209

The Milk Road Show

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Pudgy Penguins: A Pyramid Scheme?

There were some tweets out there that board Aves minted for 0.08 each and people who minted back then are super profitable. But we got to remember that like you said, you mentioned celebrities just to be where purchased is board Aves in January 2021 for 1.3 million. It's now worth 60k. So that puts things in perspective and lets you know like how unsustainable this is for the long term. NFTs as a tool as a tech filing system have tremendous potential right as identity as a fractalized asset as all these things as a membership all these things they make a lot of sense but this pyramid scheme speculative asset is dangerous and it fucked us and I

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