This is a most excellent place for technology news and articles.
In hindsight, the monkey NFT thing was a "good" idea but poorly implemented. It was an attempt to create a digital version of beanie babies or baseball cards.
I mean "good" if you consider beanie babies and baseball card collecting and the value speculation a good thing. (I don't.)
The way money-laundering works, you take ill-begotten funds and somehow churn it into legal tender in ways that can't be traced back to the source. Another angle is to create corporate entities that show loss against gains, so you can deduct and don't have to pay taxes on your windfall profits.
In the olden days, these were physical, degrading assets. Like strip malls, real-eestate, and dodgy, money-losing businesses that somehow stuck around forever. At the end, you were stuck with physical entities you couldn't unload.
Crypto and NFT were just digital variations of the same financial model, minus the hassle of having to manage the property.
These ape NFTs are also the ugliest and dumbest thing ever. Their faces look like hairy testicles. Whoever spent more than like $0.5 for this, fully deserves the outcome.
But Gary Vee told me NFTs would make me rich!
That guy was on one of my favorite podcasts a few months ago, "Are You Garbage?". Granted, part of the podcast is talking about your past, but this guy never stopped talking and it was always about himself and how great he was.
He suffers from some sort of mental health disorder that doesn't allow to smell your own shit. That guy is fucking nuts.
Well what's the answer? Is he garbage?
We don't need a podcast to answer that question
They didn't even really touch on that, because he's not a comedian and wouldn't really be accepting of trash talk, I'm sure. They kind of played it cool, but in the podcasts after that they mentioned how fucking crazy he was.
Oh, they caught their money laundering scheme!
Haven't heard anything in a while. So things aren't going so well? 😂
Silly monkeys.
Just stick that stuff on a canvas next time
a grand for some bits is not bad. its like the high priced works of art where the artist wipes their ass on a canvas.
Oh no! I’m shocked!
I see this and wish I'd taken advantage of it for the exact period of time. I feel like the next UnderArmour/Apple/Google is hidden somewhere in all of this AI development. Just a question of knowing where to place bets.
