TL;DR: The NFT market has drastically declined since its peak in 2021, with most NFT collections having no value. There’s an oversupply of NFTs, leading to a buyer’s market, and environmental concerns due to energy consumption. Top NFTs also struggle to maintain value, and the future of NFTs depends on utility and genuine value rather than speculation.
Thanks for this educational post, TIL I learned something interesting (and sad/infuriating).
Cheers.
I wasn’t joking when I wrote this:
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Yeah. https://www.educationnext.org/remembering-nation-risk-reflections-politics-policy/
Abolish the Department of Education. School choice vouchers. Standardized testing. All these memes started with Reagan. Not Regan, his Secretary of Treasury, but a lot of people confused Ronald Reagan and Donald Regan, even at the time.
Nah, that was just a spelling mistake from a non-american, I have never heard of Donald Regan (and don’t know if that is a joke or not)
No sweat, friend. I was just using the opportunity to extend the “It’s all Reagan’s fault” train. And Donald Regan was a real guy appointed by Ronald Reagan. They didn’t have the diversity of names we do now, so a lot of them repeated, rhymed, or required a middle initial to differentiate. Like all the George Bushes - GWB, GPB, GHWB…
Cheers for the info.
I am not american…
It is possible to know the history of another country but get something wrong occasionally.
Correcting spelling mistakes is the lowest rung of internet comments…
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