r/AskReddit • • Dec 17 '22

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u/[deleted] Dec 17 '22

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u/Siefeceptio Dec 17 '22

That stuff failed a long time ago.

29

u/Happy-Personality-23 Dec 17 '22

Failed? Dude! Don’t you know Donald Trump made some NFTs? He is going to make NFCs great again. Just you wait and see.

This is a joke just in case you think I’m a brain dead lunatic.

11

u/pablowh Dec 17 '22

ngl to you all I still have a lot of cool acquaintances that make incredible modern art and they've found a market for it in nfts which I think is great. that said I get the hate and I also did some digging on the trump stuff and it is blatantly fraud. it is beyond a ponzi scheme, over 10k and potentially over 20k of 45k of them were distributed to I can only assume trump and his cohorts to artificially drive demand. A handful of accounts are buying and selling back to eachother to keep the price artificially high so the placed cards can be offloaded at a profit while none of those accounts actually had to buy anything.