Tax fraud/evasion was the main use case of NFTs that I saw but that’s exclusive to the world of high art and private collections – the actual NFTs, like bespoke paintings from famous painters.
So you know; even when not designed as a scam from the onset, it’s about scamming money from others anyway.
Can you name a good use case for NFTs?
Maybe to transfer ownership of software, but other than that…. 🤷♂️
Tax fraud/evasion was the main use case of NFTs that I saw but that’s exclusive to the world of high art and private collections – the actual NFTs, like bespoke paintings from famous painters.
So you know; even when not designed as a scam from the onset, it’s about scamming money from others anyway.
Removed by mod
The internet tells me that NFTs are “decentralized” decoration around centralized ownership. A worthless scam.