NFTs
BREAKING NEWS!! NFTs have lost all of their value. |
NFTs or Niggers For Trade are a new, trendy way for retards to transfer wealth from other retards back to themselves. The first NFTs were made sometime in 2014 by Kevin McSoy and Anal Dash as a result of The Fappening. If you ask one of the pathetic nerds involved, they'll tell you NFT stands for "Non-Fungible Token", meaning their digital drawing of an ape is completely unique and one of a kind, just like an Aspie! NFT's are basically a nerdier version of pokemon cards, if such a thing can exist. NFT investors will happily rant for hours about how revolutionary this technology is, apparently no one can comprehend randomly generated images being "non-fungible", though pretty much everything in the universe is "non-fungible" if you think about it long enough.
Despite the average NFT being even less valuable than a Yu-Gi-Oh! card, most NFTs sell for prices high enough to make a Tel Aviv merchant jealous. With millions of braindead celebrities being paid to promote these ugly icons, the NFT market has been given an undeserved reputation of legitimacy, and their value is attributed to the hoards of Redditors and Twitter users pushing these monstrosities. The NFT detractors being just as uninformed and unlikeable as NFT buyers hasn't helped the situation; with so many reddit-obsessed teenagers spreading easy to disprove lies about NFTs, it's very attractive for some to enter the NFT world and just assume those who don't buy into them are clearly too stupid to understand what they're looking at.
Don't be fooled, if you buy an NFT, especially now as the hype and attention around them slowly dies, you will overpay for an ugly avatar that will only plummet in value with each passing day. The few friends you have will laugh at you for making such a retarded decision, you'll eventually have to sell it for a fraction of the price you paid, and you'll regret your purchase for the rest of your days. Like most things in this world, it's already controlled by clever manipulators who know how to sell scams to everyone, from the savvy internet users to the normies who rarely use the internets.
What are NFTs?
You may be asking what is an NFT. Well the answer is simple, NFTs are a financial security of digital data stored in the blockchain. The ownership is recorded in the blockchain, meaning anything you sell as an NFT is automatically yours. The owner can transfer their shitty ape to someone else, allowing for investment through trading and selling with other basement-dwellers who will. If this all sounds too needlessly complicated, it is.
In super simplified terms, these geeks are buying and selling receipts to each other. The blockchain is a big list of who's got what receipts and how much everyone paid for their receipt. A common misconception surrounding NFTs is that once you buy one of their hideous pieces of art, you now own the NFT. In reality you only own the a copy of that art. Still, you can earn some cash back by selling your copy of an NFT for a higher price to the idiots who will buy anything.
How NFTs are made
NFT's usually run on an Ethereum Cockchain, which is magical internet technology which wastes a shit-ton of valuable energy actual apes could be using. NFT's usually come in the form of images, though they can also be pretty much anything digital such as video and audio. Usual NFT "art" usually consists of a standard plain color background, with a simple design pattern on it behind some hideous creature designed from a base model which is then run through some algorithm which clothes the model with different accessories, facial expressions, and skin colors which makes the NFT "non-fungible" or something. After the NFT is designed it's placed on the "crypto-market", ready for sheltered dumbfucks with to purchase.
NFTs have been the centre of controversy since day one, as a ridiculous amount of energy is required to generate each NFT's super special numbers. Hippies are terribly concerned that if the NFT trend continues, they might become a serious issue for the environment. While this might be a noble concern, it's quite ironic these same NFT activists see no issue using their slave-labour cell phones to incessantly tweet their every complaint and grievance, leaving just as much of a carbon footprint as the NFTs they claim to hate so much.
Why you can't just save the image
A common question regarding NFTs is "Why can't I just save the image or take a screenshot instead of paying for it?". The answer to this question is that since no one is actually buying the art outright, only it's unique number associated with it, you're not stealing it, you have the real world equivalent of a print from a gift shop. Normies and zoomers who thought they were beating the system started "bullying" NFT investors by telling them they had "right-clicked, save as" their NFTs. Crypto-bros started ironically responding with copypastas about how this was going to finically ruin them, and so the idiots continued "threatening" the investors until they eventually got bored.
NFT controversy
Everything about NFTs, from the way they're made to the way they're promoted, makes them a prime target of online hatred. One common argument against these precious pieces of digital art claims NFTs are a scam, as all NFTs are overpriced to steal worthless cryptocurrency from the brainless investor that will invest in atrocious for the short-term. Every single NFT is less valuable than someone's shitty art on DeviantArt despite the "lucrative investments".
Another argument is that NFTs are a way poor losers with no life to earn money without any effort. Anybody can take someone's hardwork and passion and sell it as NFT for a higher amount than the original, and automatically take all ownership. Meanwhile, since the original artist never copyrighted his work, he has no ownership of the art.
Some argue NFTs are another way for companies to induce the public into buying their shitty products. Essentially, NFTs are like Pride month, just another dumb fad corporations follow to make more money.
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Yes you would.