GIGABYTE Launches Its First Web 3.0 Community with Launch of AFWC NFT Collection

[katzi]

Aaaaand just like that - I won't be guying any gigabyte hardware for my next rig.

Wonder how long it takes for NFT ads to show up in their software packages.

 

[Dr. Dro]

Now that the ire from mining is subsiding, they are all openly jumping on the NFT train. Hell, I was at the airport earlier this month and I saw ads for Samsung's new QLED 8K TVs specifically touting its NFT viewer, because why not.

To me there is no higher proof that practically all of these companies embraced the crypto trend and peddling NFTs now is the only way they have to try and salvage momentum. It will fail.

 

[Fasola]

And another thing that many don't know is that whoever is controlling these NFT schemes (or similar), often have the ability to "pull the rug" at anytime. And it happens all the time, and it's actually sad to see the reactions from their fanbase. Some are obviously angry, but many are hopeful that the "community" can recover, and making excuses for the founders. They don't understand that it was a scam from the beginning. These are the same kind of reactions we see from the victims of other get rich quick schemes. While some of these schemes can keep a steady state for a while, nearly all of them will eventually collapse, as sooner or later they will run out of gullible people.

The funniest thing I saw recently was related to a Logan Paul token/NFT/game scam (coffeezilla has 3 recent videos about it), with one of the guys scammed saying that he will use a special NFT that allows him to have a in-person meeting with LP in order to ask for an explanation. There's no better proof of Stockholm syndrome than crypto bros.

Also, GB can f off.

 

[Wirko]

Historians will probably look back on the 2010s and 2020s as the "funny money" decades, when everyone thought it was a good idea to invent their own "currency".

And they will call this phenomemon by its real name: inflation.

 

[efikkan]

The funniest thing I saw recently was related to a Logan Paul token/NFT/game scam (coffeezilla has 3 recent videos about it), with one of the guys scammed saying that he will use a special NFT that allows him to have a in-person meeting with LP in order to ask for an explanation. There's no better proof of Stockholm syndrome than crypto bros.

Yeah, those videos are a good example of what I was talking about, well worth watching. My only criticism is for him not to point out that all of these are scams from the beginning, people are buying nothing based on the greater fool theory. This is important enough that it should be reiterated every time so people stop falling for these scams.

And they will call this phenomemon by its real name: inflation.

No, the crypto craze is not inflation, despite the historic levels of inflation caused by the US and other large economies printing absurd amounts of money, more than has ever existed before, all in a short amount of time. But this will obviously make more people more distrustful of the monetary system, and easy targets for all kinds of scams, including NFTs.

 

[Chrispy_]

No, the crypto craze is not inflation, despite the historic levels of inflation caused by the US and other large economies printing absurd amounts of money, more than has ever existed before, all in a short amount of time. But this will obviously make more people more distrustful of the monetary system, and easy targets for all kinds of scams, including NFTs.

My hope is that usable, real-world DeFi is the endgame for Crypto.
Governments cannot be trusted to handle a nation's wealth. I don't even know if DeFi is the right answer either, but we know for sure that total government control of the printing presses isn't working.

 

[R-T-B]

I don't even know if DeFi is the right answer either

After riding the crypto train for nearly a decade, I can only assure you it isn't. For every fault we think the government has in finance, crypto bros only have it 10x worse.