Someone purchased this NFT for $550,000 3 years ago.
Today, it’s worth about $321.

Someone purchased this NFT for $550,000 3 years ago.
Today, it’s worth about $321.

for $550,000 3 Someone worth purchased ago.
Today, $321.
NFT years about it’s this
WTF? Who is paying that kind of $ for that now?
It's not worth $321 lol
This one is not for sale however the cheapest one will run you 30K smh
What we really should look at this example is how much Bitcoin you could see three years ago with that same Fiat amount.
This is where true value lies.
Thanks for sharing, these types of details help the newest to understand Bitcoin faster. ⚡
🫡
it is worth nothing.
What you don't see beneath the image is that the degen who bought it, used it as perceived levarage... By being in a exclusive club... Then created multiple meme coons and ripped off a whole bunch of people making tens of millions in the process... Then potentially disappeared... Or is still recycling the same memecoin tricks. 🤷🏻♀️
Money laundering. It wouldn’t exist if idiotic rules and terms like “money laundering” was a thing.
Last sold for 13 ETH. People like Raoul Pal see value in being part of a community with perks etc, like a gentleman's club. They also think ETH will be the base layer replacing the current Fiat system and still view BTC as a long term store of value. For sure it's a lot more speculative than just stacking sats.