@ethvnn @NFT @Eminem

@ethvnn @NFT @Eminem A nft is a virtual good that isn’t fungible. Meaning, that it can’t be replaced, you can trade it or sell it. It’s like a unique piece which has it’s own value, in general terms. Follow me if you want you get more info 🙏🏽

@ethvnn @NFT @Eminem It's a money laundering scam

@ethvnn I know people have already explained it but the basic answer to why it doesn’t work art-wise is that people assume they’re buying the art piece itself when in fact they’re buying a *link* to the image that’s stored in this giant database and the *link* is what’s being sold⬇️

@ethvnn @NFT @Eminem

@ethvnn @NFT @Eminem Its like buying the mona Lisa. But you can't hold it. You only get the receipt.

@ethvnn @NFT @Eminem A scam to get people to buy a link to some bits that are as secure as the whim of the host site.

@ethvnn @NFT @Eminem It's a scam. Essentially you jump online, find a picture of a cartoon monkey, right click and save it, and then try to trick someone into paying you money for you to allow them to also right click and save it.

@ethvnn @NFT @Eminem

@ethvnn @NFT @Eminem It’s basically a virtual signature you pay for. It’s usually linked to art, which can be resold. So think trading cards.