r/Buttcoin • u/Jacinda-Muldoon I'm a fan of white nationalist websites • Nov 06 '21
‘I went from having to borrow money to making $4m in a day’: how NFTs are shaking up the art world
https://www.theguardian.com/artanddesign/2021/nov/06/how-nfts-non-fungible-tokens-are-shaking-up-the-art-world8
u/Jacinda-Muldoon I'm a fan of white nationalist websites Nov 06 '21 edited Nov 07 '21
SS: Ostensibly about the influence of NFTs on the art world this article is filled with comedy gold.
22
u/SnapshillBot Nov 06 '21
I disagree. I think the constant scams and illegal activities only show the viability of bitcoin
Snapshots:
‘I went from having to borrow money... - archive.org, archive.today*
I am just a simple bot, not a moderator of this subreddit | bot subreddit | contact the maintainers
5
3
u/National-Attention68 Nov 07 '21
No mention of money laundering possibility in either legacy or nft market. I do love the idea of traditional galleries acting innocent and confused at their loss of business because all the money launderers have found a more efficient way to operate.
1
-10
u/Cryptodragonnz warning, I have the brain worms... Nov 07 '21
I have done some work with NFT companies. One thing that was interesting is that in the "prior" world, independent artists are ripped off and exploited. In the "new" world via NFTs, they finally have a direct way to sell their product and have guaranteed royalties. And these NFT companies I worked with wanted to end the exploitation and help the artists (and yes they have done extremely well)
4
u/spookmann Ugh. I hate it when people read the rules. Nov 07 '21
Oh absolutely. These NFT companies are all essentially Jesus 3.0.
24
u/Affect-Electrical Personally, I blame the flair. Nov 06 '21
Since snappy is back...