NFT is a lottery
This is probably the easiest and truest explanation
NFT is lottery.
There are people who bought NFT and gained in price, True
There are people who bought lottery tickets and won, True.
Buy NFT and the majority of cases will not increase in value, True
Buying lottery tickets and most lotteries do not win, True
The expected value of lottery profits is negative, True
NFT's expected gain in value is negative (in the long run)
zero-sum game, and the money that someone has put in is distributed, so the amount of money that someone has withdrawn is minus, True.
If you don't buy a lottery ticket, you will never win the lottery, True
If you don't buy NFTs, you don't get a price gain on NFTs, True
Lottery issuers can profit with no risk, True
NFT issuers can profit with no risk, True
When I mentioned this to my wife, she pointed out that "NFT is a horse race" is closer to "NFT is a horse race" if we take into account the fact that people purchase the tickets for the purpose of "supporting their guesses".
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