Post #4042167

2026-07-23 17:33 UTC

That inversion of sequence is very funny to me but it's also disquieting. Again it's like his brain has realized it's said something unlikely, i.e. the assertion that NFTs will be INCREDIBLY more valuable in five years. Somewhere in his mind, the NFT fanboy knows that the fad is just a fad. So once he says "in five years" he starts reeling it back immediately. Greed and avarice are impatient sins, after all. The greedy person, told to wait five years for riches, does not want to wait five years. In any case the very nature of #blockchain scams is ephemeral to an extreme degree, so the only really sensible thing to do with a blockchain token that's unexpectedly hot is to sell it as soon as possible. (cont'd)

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@mxchara@seattle.pink 2026-07-23 17:38

There's one more point I'd like to make before wrapping up this excessively lengthy thread, and that's the value of #NFT simply as an abbreviation. The world of #finance scams and #investment gambling etc. is a world ruled by magical thinking. Again, desperation is the cause for this: only desperate people need to chase after get-rich-quick schemes and thus they're inclined out of desperation to believe in unlikely miracles. At least in the "Western" mindset, the notion of #magic is intimately mixed up with the idea of the spell, which in its ideal "Western" form appears in a zillion works of fiction, like in Harry Potter: a short incantation that produces a desired instantaneous result. (cont'd)

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