TL;DR: The NFT market has drastically declined since its peak in 2021, with most NFT collections having no value. There’s an oversupply of NFTs, leading to a buyer’s market, and environmental concerns due to energy consumption. Top NFTs also struggle to maintain value, and the future of NFTs depends on utility and genuine value rather than speculation.

  • Pons_Aelius@kbin.social
    link
    fedilink
    arrow-up
    9
    ·
    1 year ago

    Cheers.

    I wasn’t joking when I wrote this:

    so many things currently wrong with the USA can be traced back to the Regan administration.

    • Mr_Blott@feddit.uk
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      1 year ago

      What, like your education system is so bad you can’t even spell the names of your presidents? 😂

      • Pons_Aelius@kbin.social
        link
        fedilink
        arrow-up
        3
        ·
        edit-2
        1 year ago

        I am not american…

        It is possible to know the history of another country but get something wrong occasionally.

        Correcting spelling mistakes is the lowest rung of internet comments…

        • Pons_Aelius@kbin.social
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          Nah, that was just a spelling mistake from a non-american, I have never heard of Donald Regan (and don’t know if that is a joke or not)

          • tburkhol@beehaw.org
            link
            fedilink
            arrow-up
            3
            ·
            1 year ago

            No sweat, friend. I was just using the opportunity to extend the “It’s all Reagan’s fault” train. And Donald Regan was a real guy appointed by Ronald Reagan. They didn’t have the diversity of names we do now, so a lot of them repeated, rhymed, or required a middle initial to differentiate. Like all the George Bushes - GWB, GPB, GHWB…