This is a million percent some kind of money laundering thing
The one thing I’ve learned from NFTs is wash trades
Is that when person A gives person B Etherium for them to buy an NFT for outrageous sums of money in order to promote NFTs?
IMO money laundering is also a huge possibility.
Yes but there’s no need for a person B, person A only needs to exchange ETH between wallets and the Blockchain can’t tell the difference
If I was a crypto scam guy, i would buy a bunch of cheap nfts, then buy one for 23 million dollars if some other crypto scam guys agreed to buy a few of mine for a total of 23 million dollars
Oh look none of us spent any money but now a bunch of the worlds biggest losers want to invest
Why yes officer I did spend millions of dollars on this image, the cases of ammunition and heroin was simply a gift
It’s gonna turn out 70% of our GDP gains this year were NFTs.