Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

  • merc@sh.itjust.works
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    1 year ago

    The u.s. dollar is literally not backed by any physical asset

    It doesn’t need to be, it’s backed by the need to pay taxes in USD.