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Old 10-25-2021, 10:35 AM   #1789
karl262
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I'm still struggling to understand why anyone would want to buy an NFT other than investment speculation (which is fine by me), but maybe it doesn't really matter that I don't get it and it's outside my personal risk tolerance.

If I take a step back and just think of them as a commodity I don't really care if I personally see value or not, it's irrelevant. Maybe it's an opportunity. Think of the many retail workers in any sort of commodity dealing, plenty of them wouldn't ever/couldn't ever buy what they are selling but they understand that others don't feel the same way.

I've been looking into the process and browsing marketplaces. Some of the art is really strange to me and it seems like the creators can make a few changes to one and easily create a whole series. Some of them do look really cool, just not 0.1 eth cool, more like maybe I'll download the jpg preview and use it as a background for a bit kinda cool.

Plenty of cryptocurrencies have NFT marketplaces on the roadmap. The whole NFT thing very well might be a fad like crypto kitties, just a much bigger one. Hell, you can use NFTs as leverage to do all sorts of stuff on some of the platforms I've browsed, all because people are willing to spend money on them, bottom line. Some of them say they give to charities and if they actually do, great.

So, I guess I'm neutral, maybe leaning to rather they exist than not. But still not sure. I dunno.

Last edited by karl262; 10-25-2021 at 11:08 AM.
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