this post was submitted on 30 Mar 2024
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I wasted 15 minutes of my life to understand why he is staying that "blur" is crashing the price of that jpg
It looks like that there's a new nft marketplace that created some shitcoin as a reward for users. When someone trades a jpg , the platform print this worthless monopoly money and give as a reward for the user. Because there's dumb people that is buying this monopoly money thinking that surely it would be worth something, whales are exchanging those jpgs between them in order to get the free monopoly money as a gift, so they can dump them immediately and buy more jpgs to exchange.
What a waste of compute energy