NFTs: Does Infinitely Printing JPEGs Cause Inflation?

4 points by derekpankaew 4 years ago | 1 comment

togaen 4 years ago |

“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.

togaen 4 years ago |

“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.