# NFT's are Fundamentally a MLM-Type Scam Designed to Get You to Buy Crypto

**URL:** <https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814>\
**Category:** Out Of Pod Experience\
**Created:** [January 22, 2022, 4:48am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814 "2022-01-22T04:48:11Z")\
**Posts on this page:** 20\
**Page:** 21

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 12, 2022, 5:43pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/425 "2022-02-12T17:43:55Z")

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That’s good information. Bitcoin cards should be like the “quadro chips” in the old days, for real design and rendering.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 12, 2022, 5:44pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/426 "2022-02-12T17:44:40Z")

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> [@Aedaxus](#):
>
> 2013, For the next few years, NVIDIA and ATI would trade wins over the fastest GPU. Then NVIDIA released the GTX Titan, which cost $1000 and outperformed everything else.

Compare the hashrate AND wattage on Ethereum using a GTX Titan then an AMD RX 6600 XT. You will find the 6600 gives a more efficient hashrate even though it is less than the Titan.

Some info from google regarding typical GPU’s;

In **the 1999-2000 timeframe** , computer scientists, along with researchers in fields such as medical imaging and electromagnetics, started using GPUs to accelerate a range of scientific applications. This was the advent of the movement called GPGPU, or General Purpose GPU computing.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 12, 2022, 6:04pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/427 "2022-02-12T18:04:59Z")

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[![](https://global.discourse-cdn.com/eveonline/original/4X/1/1/3/1133c13aecb6b353bf00ea6a10e63833959530a8.jpeg "GPU Computing Explained | How A GPU Works") ](https://www.youtube.com/watch?v=658n_Ym8dkk)

This video explains a lot about the Compute functions of a GPU, personally I think this is all amazing and that the GPU will be at the core of technologies yet to be discovered.

So I hope we can see here everyone is very excited about GPU’s and the possibilities, Gaming, Graphics, Computing, Crypto all have mathematics in common, which makes NFT’s valuable, this is such a cool and futuristic way of doing business.

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 12, 2022, 6:25pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/428 "2022-02-12T18:25:38Z")

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> [@Aaron](#):
>
> personally I think this is all amazing and that the GPU will be at the core of technologies yet to be discovered.

This is basic informatics. GPGPU have been present since the moment you had a GPU. That “compute” is nothing new.

> [@Aaron](#):
>
> So I hope we can see here everyone is very excited about GPU’s and the possibilities, Gaming, Graphics, Computing, Crypto all have mathematics in common, which makes NFT’s valuable, this is such a cool and futuristic way of doing business.

GPU techs are unrelated to bitcoins and co. They need very specific programing and context to be of any use, typically modeling.

So no, it does not make NFTS valuable. They are still a scam. even when you add techno BS in that.

Anything done on a computer has mathematics in it. it’s not cool and futuristic ; it’s techno BS and scam.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 12, 2022, 7:14pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/429 "2022-02-12T19:14:58Z")

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> [@Anderson\_Geten](#):
>
> This is basic informatics. GPGPU have been present since the moment you had a GPU. That “compute” is nothing new.

That’s my exact point, my further point is why is it suddenly a scam because someone decided to use it for a currency?

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**Author:** ![Turrican\_2](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/turrican_2/32/243944_2.png) [@Turrican\_2](https://forums.eveonline.com/u/Turrican_2)\
**Post date:** [February 12, 2022, 7:58pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/430 "2022-02-12T19:58:58Z")

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> [@Aaron](#):
>
> That’s my exact point, my further point is why is it suddenly a scam because someone decided to use it for a currency?

The circumstance is the scam…to get you to invest by getting you to be interested in side-channel stuff seemingly unrelated. In the end you dump you money into the market, it raises the value of another item…in this specific case the currency value.  
This is basic market manipulation. You manipulate the price of your the items you already have (the currency) and cash out when it is to your liking.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 12, 2022, 8:29pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/431 "2022-02-12T20:29:59Z")

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Or you could see the value of BTC as an indication of how available it is. If it’s lower then there is lots available, if it’s higher then there is less available.

Also there are many ways you can invest, please do not think the only way is to buy directly, An old computer with an 8GB GPU will generate about £20 to £30 worth of BTC per month you can exchange it to GBP/USD and then use it to pay a bill. This way the only thing you’ve invested is a little bit of time building/repairing and configuring a pc and the small increase in electric use which you can pay for with what you earn from mining.

> [@Turrican\_2](#):
>
> In the end you dump you money into the market

Please stop thinking the only way to get BTC is to buy it outright, you are mistaken. You can earn it by allowing the processing power of your GPU to be used in a mining pool.

Yes, from a traders perspective you do invest money in the market directly, from a miners perspective the money is invested in hardware which you know has a value to gamers, or the general computer user.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 12, 2022, 8:58pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/432 "2022-02-12T20:58:27Z")

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> [@Anderson\_Geten](#):
>
> Anything done on a computer has mathematics in it. it’s not cool and futuristic ; it’s techno BS and scam.

from google;

Parallel computing is a **type of computing architecture in** which several processors simultaneously execute multiple, smaller calculations broken down from an overall larger, complex problem.

This is cool and futuristic because more is possible with GPU’s as their number of cores keep growing.

You’re not a real nerd, what you doing here?

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 12, 2022, 9:38pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/433 "2022-02-12T21:38:11Z")

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> **[Bitcoin 'founder' wins right to keep billions of dollars](https://www.bbc.co.uk/news/business-59571277)**
>
> A jury decided Craig Wright, who says he created the cryptocurrency, can retain bitcoin worth billions of dollars.

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 1:03am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/434 "2022-02-13T01:03:06Z")

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> [@Aaron](#):
>
> This is cool and futuristic because more is possible with GPU’s as their number of cores keep growing.

No it’s not.

> [@Aaron](#):
>
> You’re not a real nerd, what you doing here?

Dude I worked on datacenters using GPGPU 10 years ago.  
You are saying ■■■■. And making personal attacks . But that’s thus plain techno BS.

You’re not a real intelligent person, what are you doing here ?

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**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 13, 2022, 2:51am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/435 "2022-02-13T02:51:19Z")

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No, they were afraid it was going to hurt the church because of their **narrative** that they gave about things revolving around the earth. You only cleared up how you hate.

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**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 13, 2022, 2:53am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/436 "2022-02-13T02:53:00Z")

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Your presumptions are the reason why I don’t take you seriously. You prove through your ignorance that your arguments are invalid. You only educate yourself to battle, and not speak the truth.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 6:38am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/437 "2022-02-13T06:38:01Z")

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> [@Anderson\_Geten](#):
>
> No it’s not.

You’re quite a miserable person, GPU’s are more powerful than they’ve ever been in history, they’ve had more cores than ever, Some beautiful looking games are possible and you’re not excited. Go ahead and disagree that some amazing GPU’s came out last year and make yourself look silly.

Stay in your own little bubble thinking nothing is cool and exciting, millions disagree with you, you are on your own with a handful of other ignorant people.

Stop typing to me man, you’re just a misery to talk with.

> [@Anderson\_Geten](#):
>
> You’re not a real intelligent person, what are you doing here ?

I’m intelligent enough not to ignore facts, and put narratives before facts.

> [@Anderson\_Geten](#):
>
> Dude I worked on datacenters using GPGPU 10 years ago.

You mean you was making the coffee for the people working on GPGPU’s 10 years ago.

Good Bye, it’s been horrible talking with you.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 8:54am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/439 "2022-02-13T08:54:06Z")

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> [@Anderson\_Geten](#):
>
> And I say, you are an idiot without a single ounce of knowledge on that topic.

Yet I’m the one whose found a way to put all the old tech I already had and some new to use and earn money from it. I had 2 RX 580’s from 2017 before I started mining they cost me £200 each at the time and today they sit on my mining rig, they earn me around £1.40 per day.

These aren’t the actions of an idiot, you are an idiot for calling me an idiot. And you are an idiot for ignoring GPU technology and it’s applications.

> [@Anderson\_Geten](#):
>
> Basically, you’ve proven that BTC and NFTs are but a scam

I’m not here to prove anything. You are free to believe what you like and ignore what you like. I’m here to relay facts and use my experience on the matter to inform of my findings. If I was getting scammed I would have told everyone that.

> [@Anderson\_Geten](#):
>
> I mean exactly what I wrote.

LOL, You was a coffee boy. Unless you want to tell me exactly what you was doing there you was a coffee boy and that’s that.

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<div class="post-metadata">

**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 13, 2022, 9:09am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/440 "2022-02-13T09:09:48Z")

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> [@Arumi\_Liz](#):
>
> You only cleared up how you hate.

Galilei lived unmarried with Marina Gamba. And had two daughters that became nuns as no one would marry them due to being born outside of wedlock.  
Galilei was the hater that because the Religious system should be changed to whatever he wants.

> [@Arumi\_Liz](#):
>
> You prove through your ignorance that your arguments are invalid.

Ah ok, everything I said above is now invalide because … you make a blanket statement and never adressed anything like an adult? At least Galilei used science, unlike you.

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<div class="post-metadata">

**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 13, 2022, 9:16am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/441 "2022-02-13T09:16:04Z")

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> [@Aaron](#):
>
> You was a coffee boy and that’s that. Unless you want to tell me exactly what you was doing there you was a coffee boy.

It’s not easy to be a coffee boy, just go to around the 4 minute mark and you’ll see !

> **[Reno 911 S01E06 Help From The FBI - video Dailymotion](https://www.dailymotion.com/video/x7yzse0)**
>
> Reno 911 S01E06 Help From The FBI

Anderson\_Geten asks questions. It’s possible you talk next to each other, just do your best to adress the questions and refute their objections. No need to demean anyone here as that won’t help people understand crypto.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 9:21am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/442 "2022-02-13T09:21:07Z")

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> [@Aedaxus](#):
>
> Anderson\_Geten asks questions. It’s possible you talk next to each other, just do your best to adress the questions and refute their objections. No need to demean anyone here as that won’t help people understand crypto.

Can you not see it’s impossible to reason with this man called Geten lol? When someone can’t even admit new GPU’s that have come out recently are next level then no kind of meaningful convo can be had with such a person.

The graphics on games these days are just mind blowing thanks to GPU capability, the fact he shrugs off points like this as if they are nothing means he will deal with other topics in the same manner.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 9:29am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/443 "2022-02-13T09:29:03Z")

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> [@Aedaxus](#):
>
> It’s not easy to be a coffee boy, just go to around the 4 minute mark and you’ll see !
> 
> [https://www.dailymotion.com/video/x7yzse0](https://www.dailymotion.com/video/x7yzse0)

lol, this is good.

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<div class="post-metadata">

**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 13, 2022, 9:29am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/444 "2022-02-13T09:29:38Z")

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> [@Aaron](#):
>
> no kind of meaningful convo can be had with such a person.

Ok, there are many posters around that do that. Just try to keep the conversation light and fun. Answer waht you can and the the worst case agree to disagree. If he thinks it’s a scam and you can’t refute it, just explain how things can work. An MLM scam has science behind it too.

Give examples, like here, another gem! A guy working for the Mississippi Department of… Environmental Quality… I bet he’s ready to sell some Green Energy Certificates for NFT’s lol. You can’t make this sh\*t up.

> **[Have you known anyone who got rich off of multi-level marketing?](https://www.quora.com/Have-you-known-anyone-who-got-rich-off-of-multi-level-marketing)**
>
> Answer (1 of 4): Yes. A close friend of mine had a daughter in her late 20’s who researched MLM’s that appealed to her. Fairly new. Highly successful leadership, great comp plan, not product based, etc. She found one and ended up getting married to a...

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 10:10am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/445 "2022-02-13T10:10:39Z")

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> [@Aaron](#):
>
> Can you not see it’s impossible to reason with this man called Geten lol? When someone can’t even admit new GPU’s that have come out recently are next level then no kind of meaningful convo can be had with such a person

And you are making a strawman again.

I did not say that. You are talking out off your arse, again. Blatant dishonesty.

> [@Aaron](#):
>
> The graphics on games these days are just mind blowing thanks to GPU capability, the fact he shrugs off points like this as if they are nothing means he will deal with other topics in the same manner.

But it IS unrelated to BTC.

The GPGPU are NOT USED for graphics. So the graphic improvements are unrelated to crypto. It’s actually the opposite, a better GPU is a worse GPGPU because it will have chipsets dedicated to a task.

That’s why “Yeah they use ASIC miners these days”. Because GPU is bad for mining.

Again, you prove you have no idea what you are talking about.

So of course there is no discussion. You pretend that BTC is “cool” because video games are cooler - and then, you pretend to talk about facts. That’s completely stupid, plainly wrong.

Your claims are obviously wrong for anyone with a basic of knowledge in the matter.

> [@Aaron](#):
>
> . If I was getting scammed I would have told everyone that.

No, you are scamming people because now you realized you were a fool and know you can’t get the investment back .  
You are a dishonnest liar, a scammer and an idiot.

Making strawmen after strawmen, claiming things that are factually wrong, dodging points with personal attacks.

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