Not really the same, I mean, Beanie Babies actually physically exist and require work to be produced. You could compare it to Labubus, Warhammer figures or collectibles of any kind but NFTs are just peak worthless stupidity with no prior equivalent
A beanie baby did exist yet probably cost $1 to make, completely useless with virtually no intrinsic value, and sold for thousands…pretty valid comparison.
You can have a duplicate made for a few bucks. Not free but when the difference is $1 to $1000 or $0 to $1000, no one wants your beanie baby just as much as no one wants your nft monkey picture.
Both can be authenticated to say you own the only blockchain backed copy of an nft or a rare beanie baby. Almost no one cares about either.
No prior equivalent? NFTs are basically just an evolution of fraudulent bonds and fake stocks, which people have been falling for for literally centuries.
Not really the same, I mean, Beanie Babies actually physically exist and require work to be produced. You could compare it to Labubus, Warhammer figures or collectibles of any kind but NFTs are just peak worthless stupidity with no prior equivalent
Just because beanie babies exist in the real world doesn’t make them valuable. The NFT bubble was similar to the beanie babies bubble.
A beanie baby did exist yet probably cost $1 to make, completely useless with virtually no intrinsic value, and sold for thousands…pretty valid comparison.
But can you click ‘save as’ on a beanie and have an identical copy for free?
You can have a duplicate made for a few bucks. Not free but when the difference is $1 to $1000 or $0 to $1000, no one wants your beanie baby just as much as no one wants your nft monkey picture.
Both can be authenticated to say you own the only blockchain backed copy of an nft or a rare beanie baby. Almost no one cares about either.
No prior equivalent? NFTs are basically just an evolution of fraudulent bonds and fake stocks, which people have been falling for for literally centuries.
also, tf2 hats
I have a derby! It’s worth a billion dollars