merridew@feddit.uk to Technology@lemmy.worldEnglish · 2 years agoBuyers of Bored Ape NFTs sue after digital apes turn out to be bad investmentarstechnica.comexternal-linkmessage-square131fedilinkarrow-up1575arrow-down124cross-posted to: [email protected][email protected]
arrow-up1551arrow-down1external-linkBuyers of Bored Ape NFTs sue after digital apes turn out to be bad investmentarstechnica.commerridew@feddit.uk to Technology@lemmy.worldEnglish · 2 years agomessage-square131fedilinkcross-posted to: [email protected][email protected]
minus-square30mag@lemmy.worldlinkfedilinkEnglisharrow-up3·2 years agoIdiots losing money by speculating in a volatile market they know nothing about is not unique to crypto.
minus-squarefubo@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·2 years agoSure, but when the very existence of the market depends on idiots losing money, we call that “fraud”.
minus-square30mag@lemmy.worldlinkfedilinkEnglisharrow-up2·2 years agoLike this? That doesn’t have anything to do with the medium of exchange.
Idiots losing money by speculating in a volatile market they know nothing about is not unique to crypto.
Sure, but when the very existence of the market depends on idiots losing money, we call that “fraud”.
Like this? That doesn’t have anything to do with the medium of exchange.