this post was submitted on 17 Aug 2023
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Technology

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Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment (arstechnica.com)
submitted 10 months ago by merridew@feddit.uk to c/technology@lemmy.world
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[–] aesthelete@lemmy.world 1 points 10 months ago

My original point (and the one I still insist is true) is that owning shares in a reputable company and "investing" in the latest shit coin aren't the same thing for a garden variety of different reasons, but the conflationary engine that is your average crypto bro wants to pretend they all are.

And that's leaving it out that one way that the overall stock market differs from crypto greatly is that the government can, has, and likely will continue to take actions to prop it up.