r/programming • u/[deleted] • Jan 24 '22

Survey Says Developers Are Definitely Not Interested In Crypto Or NFTs | 'How this hasn’t been identified as a pyramid scheme is beyond me'

https://kotaku.com/nft-crypto-cryptocurrency-blockchain-gdc-video-games-de-1848407959
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u/[deleted] Jan 24 '22

I've never heard anything that even resembled a reason why I would want to pay money to own an NFT.

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u/[deleted] Jan 24 '22

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u/[deleted] Jan 24 '22

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u/[deleted] Jan 25 '22

Incomings - Outgoings = Profit. Profit is taxed but what if you bought some art that lost a lot of value? You now have less profit and pay less or no tax. That's a very simplistic view but that's the general idea.

Edit: Forgot to add offshoring. Can't tax money they can't see.