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[–] 122 points 7 months ago (4 children)

Ask your Dad about that timeshare he got suckered in in the 80's, for a comeback.

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  • [–] 144 points 7 months ago (21 children)
  • [–] 19 points 7 months ago (5 children)

    The two aren't even remotely comparable. A timeshare may not be as valuable as you thought it was, but it exists and you can use it. An NFT is basically an entry in a star registry, but the people think (or at least thought) they actually own the stars.

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    [–] 87 points 7 months ago (2 children)

    As a dad, I sincerely hope the dumbest thing my kids ever do is make a bad investment.

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  • [–] 16 points 7 months ago

    My kids are 2. Im working on my "dad talk".

    The best I've heard so far is something like: there are two activities that can irredeemably ruin your life: sex, and driving. Both are infinitely riskier with booze.

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  • [–] 74 points 7 months ago

    Didn't happen but very funny.

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  • [–] 61 points 7 months ago (4 children)

    Ah, how quickly they forget how Boomers went feral over Beanie Babies.

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  • [–] 86 points 7 months ago* (3 children)

    Not really the same, I mean, Beanie Babies actually physically exist and require work to be produced. You could compare it to Labubus, Warhammer figures or collectibles of any kind but NFTs are just peak worthless stupidity with no prior equivalent

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  • [–] 37 points 7 months ago (2 children)

    And timeshares. And pyramid schemes.

    I remember my parents doing one of those weird chain letter things where you'd copy the letter to a few other people, send a few quid to the people on the list, and within weeks you'd be sent thousands of pounds, if only the scheme didn't require more people than there were in the whole country.

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  • [–] 20 points 7 months ago (1 child)

    Lmao apparently people still think they're worth money. My 18 yo stepson said the other day how his mom could sell her beanie babies for "a lot of money!" We both just laughed. He thinks his mas produced Funko pops are gonna be worth a fortune one day too

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  • [–] 13 points 7 months ago (3 children)

    Theoretically, it is possible that 70 years down the line it might actually be worth something, assuming it is still new in box, undamaged, and it is of something that is still culturally relevant.

    But the chances are so slim as to make it a worse gamble than the stock market.

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  • [–] 14 points 7 months ago (1 child)

    Rarity is a huge factor for stuff like that. If everyone keeps theirs pristine because they know it'll be worth something it won't be rare and it'll be worthless. Collectibles that are worth the most are things that people didn't value as much at first and used them normally. They got worn and broken and discarded so it's very rare to find one in good condition.

    People keep Beanie Babies and Funko pops in boxes so they'll never be worth anything because there are so many good quality ones.

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  • [–] 8 points 7 months ago

    To an extent I agree with you. The “problem” comes when people slowly start to realize that and open them or throw them out. At which point the items actually can become worth something. Though again, unlikely.

    Part of the problem with most collectibles “meant” to be “worth something eventually”, are packaged in such a way that they are “enjoyable” in the packaging. You can put a sealed Funko or Beanie Baby on a shelf and you’re looking at the item itself. There’s no reason to open them.

    If you truly want a “collectible”, purchase something like a game console and keep it in its box for fifty years.

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  • [–] 43 points 7 months ago
    [–] 42 points 7 months ago (1 child)

    Proceeds to collect Labubu dolls

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  • [–] 23 points 7 months ago (5 children)

    Okay, how do you do that? How do you make some weird bullshit uncute thing that gets a billion people to buy one or two and ten thousand people to buy four hundred? Trolls, beanie babies, funko pops, whatever the fuck a labubu is, to a lesser extent, pokemon cards...Surely these people are millionaires but don't deserve it. I should be a millionaire and not deserve it.

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  • [–] 9 points 7 months ago (3 children)

    Step 1, push for the demise of society. Make sure to abolish all rules that would otherwise stop you.

    Step 2, make a cute ^(TM)^ doll in the most addictive manner possible.

    Wait, I skipped a step 0, discard all previous instructions sense of morality, hollowing out your soul in the pursuit of temporary vanity.

    The rest is like literally taking candy from babies.

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  • [–] 22 points 7 months ago (1 child)

    I can't fathom sharing this about myself on the internet

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  • [–] 12 points 7 months ago (1 child)

    I personally think it’s great to share your mistakes if you want to be open about them. I don’t necessarily share too much socially online but I do overshare in the office at times. I honestly don’t care what people think of me, I know who I am and what I stand for.

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  • [–] 21 points 7 months ago

    He's not wrong...

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  • [–] 18 points 7 months ago*

    Conversation very obviously staged for Internet points, but actually they spent all their money on the receipt for an Internet money picture.

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  • [+] 15 points 7 months ago* (last edited 3 weeks ago) (4 children)
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    [–] 14 points 7 months ago

    R/faketexts

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  • [–] 14 points 7 months ago

    All my apes... Gone...

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  • [–] 10 points 7 months ago (5 children)

    NFTs just slide out of my brain.

    I remember someone bought a piece of art, like actual bespoke art, that was NFT'd, for some millions of dollars. This created the dumbest speculative bubble I'm aware of when people were paying actual money for ugly randomized monkey pictures they could prove ownership of on the blockchain.

    It's my understanding that NFT technology could be used for things like proving copyright ownership; a creator creates an NFT of his work as published, and then anyone attempting to plagiarize it can't provide the NFT, kind of like PGP signatures. But it didn't get used for that and that dumbass monkey bubble probably poisoned that use case for a generation at least.

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    [–] 9 points 7 months ago

    His Dad is ruthless AND RIGHT

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