this post was submitted on 11 Mar 2026
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[–] sveltecider@lemmy.ca 4 points 2 hours ago

This is the least surprising thing ever

[–] BarneyPiccolo@lemmy.today 20 points 7 hours ago (1 children)

If you weren't using them to launder money for a criminal enterprise, then you were doing them wrong.

[–] NotAnonymousAtAll@feddit.org 9 points 6 hours ago

... ~~doing them wrong~~ falling for a scam.

[–] billwashere@lemmy.world 24 points 9 hours ago

The whole NFT thing was one giant pump and dump.

[–] Sam_Bass@lemmy.world 1 points 5 hours ago

Its not worth a single cent in reality

[–] Siegfried@lemmy.world 6 points 8 hours ago

Who could have thought it?

[–] fierysparrow89@lemmy.world 14 points 11 hours ago (13 children)

As with everything crypto this was a huge scam. Besides the obvious profiting from gullable idiots, the other use case is to illegally funnel money.

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[–] ExLisper@lemmy.curiana.net 75 points 15 hours ago (4 children)

Everyone comment how much did they lose on NFTs.

I will start: $0.

[–] YesButActuallyMaybe@lemmy.ca 27 points 14 hours ago (2 children)
[–] Simulation6@sopuli.xyz 1 points 5 hours ago

Damn, I lost twice as much as you did.

[–] BassTurd@lemmy.world 30 points 14 hours ago (2 children)

I found value in shitting on people buying them. $0 monetary gain, but at least $10 in schadenfreude.

[–] Wilco@lemmy.zip 22 points 13 hours ago (3 children)

I trolled people by setting their NFT as my avatar in the chat rooms they were in. Im going to value that at $100.

[–] Trigger2_2000@sh.itjust.works 4 points 7 hours ago

Best use of an NFT I've ever heard of!

[–] VoiHyvaLuojaMitaNyt@lemmy.world 3 points 9 hours ago

I've been watching a lot of Antiques Roadshow clips and I imagined one of the appraisers doing a valuation of your shenanigans.

"You bought this magnificent piece sillyness when and for how much?"

"oh I just copypasted it to my profile for no money at all"

"Well that was very good deal indeed, because on in todays money the entertainment value alone is in the hundreds of pounds."

[–] IphtashuFitz@lemmy.world 7 points 13 hours ago

Better hope they don’t sue you for copyright infringement.

/s

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[–] bonenode@piefed.social 132 points 17 hours ago (2 children)

Isn't it pretty obvious this was 99% a money laundering scheme?

[–] timroerstroem@feddit.dk 164 points 17 hours ago* (last edited 17 hours ago) (3 children)

That's easy to say with the benefit of hindsight in 2026. However, back in 2021, it was easy to say without the benefit of hindsight.

[–] darkdemize@sh.itjust.works 57 points 17 hours ago

Had me in the first half, not gonna lie.

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[–] theuniqueone@lemmy.dbzer0.com 10 points 12 hours ago

Who could have predicted this? Literally impossible without hindsight and that's the revisionist history I'm sticking to.

[–] shortwavesurfer@lemmy.zip 2 points 8 hours ago

I purchased a really cheap NFT domain that I can link my cryptocurrency wallet address to so that instead of having to type out the 90 character string and get it right, you can type out a human readable domain. Other than that small use case, I've never had any other reason for it. But hey, it's kind of cool. And I don't see why not keep it since I already have it. And as I said, it wasn't that expensive anyway.

[–] galoisghost@aussie.zone 52 points 17 hours ago (2 children)

Under a grand. Is there anyone really stupid enough to think this is still worth anything at all?

[–] WhatAmLemmy@lemmy.world 20 points 16 hours ago* (last edited 16 hours ago) (7 children)

I would actually pay like $100 to say I own the EFT some moron paid millions of dollars for. I've bought dumber things. I paid real money for a 100 trillion dollar zimbabwe bill that is completely worthless. Great for cocaine! I've also paid hundreds of dollars for 1 night of cocaine, dozens of times, and have nothing to show for any of them.

[–] Goodlucksil@lemmy.dbzer0.com 26 points 16 hours ago (2 children)

Pro tip: don't do cocaine while you still can choose.

[–] WhatAmLemmy@lemmy.world 1 points 4 hours ago

Great advice, but I've been doing cocaine rarely for decades. Think I'll be right thanks.

[–] redditmademedoit@piefed.zip 13 points 12 hours ago (1 children)

The dude literally has a 100 trillion dollars, it's fine

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[–] BeatTakeshi@lemmy.world 5 points 11 hours ago (1 children)

Dramatic? I found this an entertaining example of dumbness 🍿🍿🍿

[–] bitjunkie@lemmy.world 3 points 10 hours ago

For sure. This is comedy, not drama.

[–] Jaysyn@lemmy.world 10 points 13 hours ago

This was never anything aside from a scam designed to separate the tech illiterate from their money.

[–] JoMiran@lemmy.ml 31 points 17 hours ago (1 children)
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[–] ozoned@piefed.social 32 points 17 hours ago (7 children)

What? You mean digital art that infinitely reproducible, can't actually be owned, WASN'T the next big thing? Oh jeez. I hope the metaverse succeeds and if not then AI surely will RIGHT?!?!

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