NFTs Are At Best a Fun Hobby and Poor Investment

And At Worst A Flim-Flam Scam Designed to Enrich the Promoters, With Perhaps One Exception

(Editors Note: In the original article I indicated 4k Physical Custody NFTs did not pass the scam test. I publicly challenged Elias Ahonen to prove otherwise and he did! This article has been subsequently revised to reflect this colloquy.)

In my last article, I outlined why DeFi was doomed to fail. The current train wreck of crypto banks is because these banks create unsound base money. The result is they have no prayer to develop…