Okay, there is finally a way to get some money from NFTs.

By admitting openly that they are utterly worthless.

#LateStageCapitalism #GreaterFool #LeanersNotLifters

https://web3isgoinggreat.com/?id=tax-loss-harvesting-service-emerges-to-help-collectors-unload-their-worthless-nfts

RT @Frances_Coppola@twitter.com

The entire crypto ecosystem is a ponzi. https://www.coppolacomment.com/2022/11/the-entire-crypto-ecosystem-is-ponzi.html
#crypto #ponzi #FTXScam #Voyager #celsiusnetwork #greaterfool

🐦🔗: https://twitter.com/Frances_Coppola/status/1596584265973608449

If you’re in Canada, I can’t recommend this blog enough.

#Canada #Finance #GreaterFool
#GarthTurner

https://www.greaterfool.ca

@dusnm They're all greater fool schemes, except for TU Delft's blockchain euro: https://www.delta.tudelft.nl/article/delft-cafe-premieres-eemcs-blockchain-euro.

Whenever early adopters have more to gain than late adopters the immoral properties outweigh the “benefits”. If it incentivizes greed more than altruism, it is fundamentally flawed.

#altruism #greed #greaterfool #ponzi

/\/FTs… because useless things are now solid investments, I've succumbed and made my own “N-FT”: https://www.nonfunctioningtower.com.

Invest now and b̶e̶c̶o̶m̶e̶ make me rich.

#satire #greaterfool #pyramid #ponzi #nonfunctioningtower

@thegibson @robertwgehl

"Read The Contract"

"Code is Truth"

"Do Your Homework"

Oh they're thinking of the investors. It's just that the investors wouldn't like what's being thought of them #FoolsAndTheirMoney #GreaterFool #TooBadSoSad

The #GameStop $GME "fight the man" pump up is a microcosm of the #BitCoin story.

#Fanbois think they can beat the system by all throwing their #fiat in a blackhole which doesn't have intrinsic value. (Though #GME is a real business.)

While GME goes up they can thumb their nose at the #banksters.

At some point, rebel bois will realize they own a fiction, which is far less valuable than last high bid, and cannot be redeemed for fiat again unless some #GreaterFool wants to buy it.