merridew@feddit.uk to Technology@lemmy.worldEnglish · 11 months agoBuyers of Bored Ape NFTs sue after digital apes turn out to be bad investmentarstechnica.comexternal-linkmessage-square131fedilinkarrow-up1582arrow-down126cross-posted to: technology@beehaw.orgtechnology@lemmy.ml
arrow-up1556arrow-down1external-linkBuyers of Bored Ape NFTs sue after digital apes turn out to be bad investmentarstechnica.commerridew@feddit.uk to Technology@lemmy.worldEnglish · 11 months agomessage-square131fedilinkcross-posted to: technology@beehaw.orgtechnology@lemmy.ml
minus-square30mag@lemmy.worldlinkfedilinkEnglisharrow-up3·11 months agoIdiots losing money by speculating in a volatile market they know nothing about is not unique to crypto.
minus-squarefubo@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·11 months agoSure, but when the very existence of the market depends on idiots losing money, we call that “fraud”.
minus-square30mag@lemmy.worldlinkfedilinkEnglisharrow-up2·11 months 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.