# 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:** 52

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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:** [March 20, 2022, 2:47pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1057 "2022-03-20T14:47:50Z")

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> [@Karak\_Terrel](#):
>
> try to add additional monetization vectors to their games.

Would NFT bring along “NFT”-people who would bring content to teh game? I mean in a way like Markee Dragon who sells EVE Online things in his online store. Or would it just be targeted for whales who have money but already bought everything on the EVE Online store?

> [@Aaron](#):
>
> No I am not,

You did, not that it matters much. Just wanted to point it out.

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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:** [March 20, 2022, 2:51pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1058 "2022-03-20T14:51:52Z")

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> [@Aaron](#):
>
> Go ahead and try to Dismiss that

Pretty hard without numbers, and it wouldn’t matter at all anyways. Like I said, good for you but it doesn’t appear to be a product that can be adapted and/or trusted by a lot of people.

Bitcoin price -11.160,30 (22,94%) since today, last year. Imagine how this will suddenly (from May 15th most probably) be what you stop ignoring and start to assume is important. 😉 Just some more months, hang in there.

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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:** [March 20, 2022, 2:55pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1059 "2022-03-20T14:55:51Z")

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> [@Aedaxus](#):
>
> Pretty hard without numbers, and it wouldn’t matter at all anyways. Like I said, good for you but it doesn’t appear to be a product that can be adapted and/or trusted by a lot of people.

Have you bothered to even understand how many people are registered with nicehash before typing that? Or have you just pulled it out of thin air so it will suit your narrative?

From google:

2.5 Million people use nicehash.

NiceHash users are primarily video gamers who have powerful graphics cards (GPUs) suited to cryptocurrency mining. The company has **over 2.5 million** users in 190 countries worldwide as of November 2021.

More info from google:

In 2020, there were an estimated **1.75 billion** PC gamers worldwide, up from 1.5 billion PC gaming users in the previous year. Despite slowing revenue growth, PC gaming remains very popular and digital storefronts like Steam or the Epic Games Store making PC gaming titles accessible for gamers worldwide.

I think when Nicehash start more marketing campaigns they will hopefully get some of those 1.75 billion to register.

Also consider there are many similar services to nicehash so that 2.5 million I mentioned is higher.

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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:** [March 20, 2022, 3:08pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1060 "2022-03-20T15:08:32Z")

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> [@Aedaxus](#):
>
> Bitcoin price -11.160,30 (22,94%) since today, last year. Imagine how this will suddenly (from May 15th most probably) be what you stop ignoring and start to assume is important. 😉 Just some more months, hang in there.

I’m not sure why you think I ignore the BTC value. It’s an important aspect of what I do. Even if my RX 580s don’t make much profit it is still useful to me as I strongly believe BTC value will rise a lot once more countries adopt it. As long as I am earning I am reasonably satisfied.

Sorry I can’t tell you how much I earn, people always seem to have a problem with what I have and might be a little envious, so I tend to adopt a humble attitude so not to upset anyone as I realise some people can get sensitive when they know someone is earning more than them.

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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:** [March 20, 2022, 5:12pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1061 "2022-03-20T17:12:14Z")

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> [@Aaron](#):
>
> Sorry I can’t tell you how much I earn

I do understand this completely as it’s private data. So you should not disclose it. One day when you create a company to mine, let us know how it’s going. I’m sorry that I’m not going to mine but the (total) cost vs reward is too low for me.

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**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [March 20, 2022, 5:44pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1062 "2022-03-20T17:44:58Z")

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> [@Nana\_Skalski](#):
>
> The technology that doesnt do anything better.  
> Its more energy hungry than what we had earlier and that makes it dead in long run.

The energy consumption is a feature and not a flaw. For the first time we have a digital asset that is linked to the real world with PoW. This is probably the hardest thing to understand about Bitcoin.

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**Author:** ![Emotional\_Support\_Clown](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/emotional_support_clown/32/310422_2.png) [@Emotional\_Support\_Clown](https://forums.eveonline.com/u/Emotional_Support_Clown)\
**Post date:** [March 20, 2022, 5:50pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1063 "2022-03-20T17:50:02Z")

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People need to stop acting like traditional banking and the people that rule over it, consume little to zero energy. Pretty sure those server farms and private jets they use are not made from clouds, nor is it clean.

They’re also quick to give up their self-sovereignty and kneel before rulers, and give up their boundary called privacy and independence. Stop doing that.

Dependency is the greatest form of control. People are going to learn that more and more over the next decade or so.

When was the last time people had a meaningful say/vote on their fait currency policies and central banks? When was the last time they read signed off audits on the assets? When was the last audits done and made public? Counted their gold yet? Had it independently verified metallurgically?

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**Author:** ![Gadget\_Helmsdottir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/gadget_helmsdottir/32/374037_2.png) [@Gadget\_Helmsdottir](https://forums.eveonline.com/u/Gadget_Helmsdottir)\
**Post date:** [March 20, 2022, 6:40pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1064 "2022-03-20T18:40:11Z")

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And nearly (if not exactly) Zero of them are Poor El Salvadorans.

Also, El Salvador’s Companies Barely Bother With Bitcoin

[https://www.bloomberg.com/news/articles/2022-03-18/el-salvador-s-businesses-barely-bother-with-bitcoin-study-finds](https://www.bloomberg.com/news/articles/2022-03-18/el-salvador-s-businesses-barely-bother-with-bitcoin-study-finds)

–Gadget makes some nice BBQ hash, southern style

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<div class="post-metadata">

**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [March 20, 2022, 7:12pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1065 "2022-03-20T19:12:47Z")

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The country had an increase of 30% in tourism since they made Bitcoin legal tender. It was a really clever strategy to get a lot of people with a lot of money interested in the country.

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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:** [March 20, 2022, 7:13pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1066 "2022-03-20T19:13:32Z")

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> [@Emotional\_Support\_Clown](#):
>
> People need to stop acting like traditional banking and the people that rule over it, consume little to zero energy.

We point out that the “new thing” is using much more energy than before. I guess that’s a perfect example of “us”.

> [@Emotional\_Support\_Clown](#):
>
> self-sovereignty

So you suggest I take my time to do all the work my government uses my taxes for? No thank you, I already paid for those services. Althous some of those I could do better, I don’t really have all the spare time for it.

> [@Emotional\_Support\_Clown](#):
>
> When was the last time people had a meaningful say/vote on their fait currency policies and central banks?

You should read this forum and many bitcoiners will tell you “the dumb people” have no say on their extreme anarcho-capitalist worldview. Also, when you distrust “the ebil guvernment” and “ebil bankerz”. Would it work decentralized? This thread has until now proven the contrary. It would work in some communities like the North-Sentinelese one but they don’t need some self-governing banker to tell them what to do.

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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:** [March 20, 2022, 7:14pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1067 "2022-03-20T19:14:14Z")

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> [@Aedaxus](#):
>
> I do understand this completely as it’s private data. So you should not disclose it. One day when you create a company to mine, let us know how it’s going. I’m sorry that I’m not going to mine but the (total) cost vs reward is too low for me.

LOL, why do you think I care if you mine or not? I seriously don’t. In fact nobody cares if you mine or not. and it will only affect you if you choose not to mine. I can tell by your post there is a few things you don’t understand, you actually think I need to recruit people lol.

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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:** [March 20, 2022, 7:14pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1068 "2022-03-20T19:14:53Z")

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> [@Karak\_Terrel](#):
>
> The country had an increase of 30% in tourism since they made Bitcoin legal tender. It was a really clever strategy to get a lot of people with a lot of money interested in the country.

Yes, and how much did they invest in that? Their debt is still growing and no economical activity is expanding in a meaningful way. Thus nice of you to say that but this will not help them nor will it save their economy. However, for you, it is good commercial propaganda.

Come on, reply lol, their statistical increase didn’t change by bitcoin, it did dip by covid which was unluckily at the same time. 😃

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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:** [March 20, 2022, 7:19pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1069 "2022-03-20T19:19:34Z")

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> [@Aaron](#):
>
> you actually think I need to recruit people lol.

So, you stopped countering my opinions and just make up what I think now? Wow.

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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:** [March 20, 2022, 7:20pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1070 "2022-03-20T19:20:18Z")

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Give BTC a break, it’s only been a few months since El salvador adopted it. A country using bitcoin as legal tender will take some time to mature and it will take time for people to learn it and become comfortable with it.

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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:** [March 20, 2022, 7:22pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1071 "2022-03-20T19:22:51Z")

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> [@Aedaxus](#):
>
> Yes, and how much did they invest in that? Their debt is still growing and no economical activity is expanding in a meaningful way. Thus nice of you to say that but this will not help them nor will it save their economy. However, for you, it is good commercial propaganda.

You talk as if BTC is going to remain static at it’s current value. It won’t.

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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:** [March 20, 2022, 7:24pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1072 "2022-03-20T19:24:20Z")

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> [@Aaron](#):
>
> You talk as if BTC is going to remain static at it’s current value. It won’t.

We aren’t talking about BTC value, we talk about the tourists that come to El Slavador to spend crypto instead of the regular tourists. Karak posted saying there is an increase, but I would guess it’s very small but we’ll probably have to wait a year or so due to covid.

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**Author:** ![Karak\_Terrel](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/karak_terrel/32/373453_2.png) [@Karak\_Terrel](https://forums.eveonline.com/u/Karak_Terrel)\
**Post date:** [March 20, 2022, 7:24pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1073 "2022-03-20T19:24:32Z")

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I have no idea how much they invested. But given that a pretty huge junk of the countries GDP is based on remittance payments and they just distributed the technology to get rid of the leeches in the middle that redirect a significant amount of them, I would say they will get the investment back pretty fast.

I’m sure one day even you will be able to look at the whole thing without constantly obsessing over the price.

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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:** [March 20, 2022, 7:25pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1074 "2022-03-20T19:25:09Z")

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> [@Aedaxus](#):
>
> So, you stopped countering my opinions and just make up what I think now? Wow.

No, my responses are based on what you say. You’re the one acting like I need to recruit you. There’s absolutely no reason for you to apologise to me for choosing not to mine and the fact you don’t realise this means there are a few things you don’t understand.

If you choose to mine it is 100% your choice and it will only affect you. No one needs to recruit you to mine or invest in BTC. I would not for example get a commission for introducing you to mining, so your idea of this being compared to a pyramid scheme is also inaccurate.

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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:** [March 20, 2022, 7:27pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1075 "2022-03-20T19:27:13Z")

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> [@Karak\_Terrel](#):
>
> I’m sure one day even you will be able to look at the whole thing without constantly obsessing over the price.

I hope a lot of crypto fanatics will go to El Salvador anyways even without their “Bitcoin Temple City”. If people visit and buy from teh locals, the wealth of the locals increases which is a good thing.

I will stop obsessing over the price around the middle of may. As I presume the value should be equal to a year before or higher, depending on how many new people joined the Bitcoin revolution.

EDIT: I totally forgot the “THE SKY IS FALLING!!! -11.308,01 (23,24%)”. Sorry.

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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:** [March 20, 2022, 7:28pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/1076 "2022-03-20T19:28:31Z")

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> [@Aaron](#):
>
> You’re the one acting like I need to recruit you.

I come to ask about Bitcoin, you proposed people to start mining or just invest £100. Maybe I misunderstood your gest. _wink_ 🙂

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