There are now thousands of cryptocurrencies, and every day it seems a new non-fungible token, or NFT, is marketed. But is “digital mania” just another historic bubble bound to burst? Our economics correspondent Paul Solman explores the digital asset boom.
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Crypto is a scam for money laundering.
Nfts are full of stolen art.
Nfts and crypto devalue the usd faster then war
Do you comprehend your tokens or nfts are your property no ones else’s. Weather their worth .50 or 5000. Be wise in what’s happening! What you need yo know about this revolution their not telling you.
It’s your choice, BTC COULD HIT 100k 2022!
This sh*t is nonsense. NFTs are a sucker’s market. 🙄🤷🏼♂️
sounds like a good way to launder money, art that is.
Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Anika Hobson which has made me almost 9.5 on a 2 btc Trade capital over the last 10 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts.
Excuse me, but can someone please explain to me why there is such complete and utter faith that there will only ever be 21 million Bitcoin? Why couldn't whoever created the concept just decide to create 21 million more concepts at any point in time? If it was that easy to get people to invest their life savings to purchase concepts named Bitcoin, why stop after selling 21 million imaginary coins? Do we ever hear stories about people who say, "You know what? I really feel like I'm quite wealthy enough now. I have zero interest in becoming any richer. So I am officially through with selling my bill of goods to magic beans consumers." I seriously don't get it. How can this not be a bucket full of con/scam that is guaranteed to spring a leak eventually? Why are crypto enthusiasts so confident that the "If it sounds too good to be true" rule doesn't apply to imaginary money?
I remember "One Red Paper Clip". Sound familiar?
Meanwhile bit mining is contributing greatly to climate disaster and allowing criminals to act unchecked. Art is really cool, I would rather visit a museum in real life.
If you believe there is no value in crypto you obviously have no clue. The main value in crypto is in the ability to send large amounts of currency anywhere in the world extremely inexpensively. Right now it costs a lot to send money through your bank or money transfer companies but with crypto that will soon be all over and that’s just a small example of all the things crypto can do. In the not to distant future everything will be digitized and all proofs of ownership will be digital.
Even Don the Con said it was the scam
TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 12 BTC from day tradng with Ramondroy, insights and signals in less than 2 weeks, this is one of the best medium to backup your assets incase it goes bearish….
Bubbleicious!
"theft has low volatility" – economist
For the love of god, please don't buy this stupid crap.
Its a scam, simple way to transfer wealth lmao
cryptocurrencies are a scam!
I like Paul Solman's studied, concerned look, as a race hustler explains how black Americans in 2022 can't participate in the banking system because of "systemic racism."
Such a joke. Producer to consumer tilt is out of control.
what about the other 20,000 crypto's are those "assets" too?
Considering how many gold mines are being reopened and how “certain businesses” are buying up scrap gold wherever they can this digital stuff isn’t going to mean much.
See how many pixels you can eat. Nothing will have value.
Crypto is a scam.
"Digital Assets" is slang for horse sh*t.
I'd say it was like trading Monopoly money but at least in that scenario you have the physical monopoly money. I can think of 20 methods right now of how I could duplicate precisely any NFT. And as for cryptocurrencies, if you bought bitcoin at $65,000 a while back your having a very bad time right now. The volatility is ridiculous and there is no insurance at all if it crashes. Plus there's the follow on effect of what it does to a nations economy via related currency fluctuations.
what is the best way to make money from investing
Another lame hit job on crypto everyone.
Doing a segment and talking about crypto winners is similar to when they do a segment on the news about the one person who won the lottery as opposed to the literal millions of people who lose. These people got lucky it’d not a strategy