Comments by "BlackFlagsNRoses" (@blackflagsnroses6013) on "I Was Wrong About NFTs" video.

  1.  @Shelley-yy7rd  that shit has no real exchange value and isn’t a stable currency. You can’t buy medicine or food with it, nor pay rent so keep your NFTs
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  2.  @loserinasuit7880  it’s blatant hedonistic consumerism at it’s most stupid. But we are the only species that’s pays to live on Earth
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  3.  @Shelley-yy7rd  that’s just an unstable situation. These things have no genuine backed value or source.
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  4.  @Shelley-yy7rd  not genuinely. That shit will never be an accepted medium of exchange. It’s even less stable than Bitcoin. And I’m an economic libertarian, I’m all for competition in credit. Valid currencies are backed by value. The only way NFTs become valid is if it is made legal tender by government policy, like the paper fiat money we use. If you need government to force it’s circulation and acceptance it isn’t a valuable currency
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  5.  @Shelley-yy7rd  Vaynerchuk recently was a social media laughing stock because he couldn’t explain why NFTs have value. They’re just JPGs
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  6. Vaynerchuk made a fool of himself trying to explain why NFTs have value. They’re no different than JPGs
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