NFT sales plummet 92% as market ‘collapses’

Hater Eraser

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That California Lifestyle ...
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Legal

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Crypto.com just bought naming rights from the staples center. I don’t think crypto going nowhere no time soon.

And Enron had the naming rights to what's now Minute Maid Park, and got shut down not too long after.

I don't think cryptocurrency as whole will collapse soon, but throwing money around isn't always a sign of long term financial health or legitimacy.
 

Atlrocafella

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NFT's are a joke :mjlol:

this has me thinking about my money in real life though. I literally only have $35, in cash, on me, but all the rest of my money is literally in a digital form i.e. checking acc. and stocks :lupe:

what if they enemy of the state me one day :damn:
At least with banks, your money is backed by FDIC up to $250K :yeshrug:
 
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IIVI

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Crypto is funny: it's essentially a ponzi scheme that can create new ponzi schemes (new coins and NFT's) for those people who missed one of the previous ponzi schemes.

Get in early, generate hype and FOMO on a new coin then rug pull. Rinse and repeat. Problem is most people aren't early enough and get rug pulled.

What is it, something like 19,000 different cryptocurrencies out there? That's a shytload of rug pulls.
 
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