588
From millions of dollars to under a grand: The dramatic fall of the NFT
(english.elpais.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 11 Mar 2026
588 points (100.0% liked)
Technology
83832 readers
3393 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
The best scams are either holistic/psychic stuff or Hi-fi Audio.
A good scam is all about finding a way to bypass bs detectors. Appealing to greed or fear while adding a sense of urgency are the classic ones for good reason. But you've got others like appealing to in group/out group dynamics, distrust of institutions, ego, desired self image, laziness, carelessness so much more. You've also got those selecting to trigger anyone with a bs detector to only spend time on those without one.
High Fi audio is actually legit to a point. Over $300 (well, $400 now with tariffs) is when the scam begins