NFTs: Does Infinitely Printing JPEGs Cause Inflation?explorocracy.com 4 pointsderekpankaew4 years ago1 commentSaveHideCopy link On HNComments−togaen4y“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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“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.