NFTs, cryptocurrencies and web3 are multilevel marketing schemes for a new generation | Curio
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NFTs, cryptocurrencies and web3 are multilevel marketing schemes for a new generation

13 mins | Feb 28, 2022
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Basic economics suggests an unhappy outcome. New assets are the tech talk of the moment. They are also ridiculously easy to create which is creating and increasing risky, fraudulent behaviour. Christopher Mims argues that digital assets are just an enhanced and refined version of schemes that promises easy riches that do not exist.
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