from Gergely Orosz | by Gergely Orosz

I don’t talk about crypto, NFTs and the like for a very simple reason: I don’t believe in them. Blockchain is an interesting protocol with mostly downsides in characteristics. The premise of NFTs/most cryptocurrencies is buy nothing in hopes that someone will pay more for it.

This is my opinion and I accept that I might be wrong (and respect people who believe in crypto). Do be aware that crypto is non-regulated territory and you can lose all your money. Do your research. Understand what you get into, if you risk your money.

Both crypto and NFTs is a playground for get-rich-quick schemes, and for influencers to monetise. Eg Techlead creating a token and making (tens of?) millions for himself t.co/5TLsytHOXK or Justin Kan cashing in on NFTs (t.co/EHVih75WhZ) No thanks.