this post was submitted on 17 Aug 2023
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For a moment, I was thinking that it’s easy to criticize NFTs with the benefit of hindsight. After all, throughout history, how many things were looked at as a fad or a waste of money before becoming huge?
Then I remembered that people weren’t just griping about NFTs because they were new and different. Reasonable people had been making rational, educated criticisms of NFTs since day one. None of this was unexpected. NFTs turned out to be exactly the kind of scam that most people thought they were.