this post was submitted on 05 May 2022
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As much as I enjoy dancing on NFT's grave, I can't say I'm thrilled about the fact that Musk's tweets have this much sway. Well, he is about to own the platform, I suppose. But come on. Environmental harm? Nothing. Throwing money away for literally nothing? I sleep. Musk makes an off-the-cuff tweet about NFTs? EVERYBODY HOLD THE FUCKING PHONE. I hate how this world works sometimes.
It's a highly volatile collectables market based on hype so I'm not surprised at all, interested in these high prices was already waning before he made his statements. Like always he is just being trendy and repeating what he saw on twitter.
For me it's more and more everyday sadly.I try to see the good, but.. damn.
edit: markdown