1236
Internet picture of a monkey (europe.pub)
submitted 9 months ago by [M] to c/memes@sopuli.xyz
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[+] -30 points 9 months ago (17 children)

Honestly at least NFTs don't have recurrent maintenance costs that literally make their value go negative.

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

    You bought an NFT, didn't you?

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  • [–] -1 points 9 months ago* (last edited 9 months ago) (2 children)

    No, but it's baffling to me that folks don't seem to understand that timeshares with recurring maintenance costs that can only be discharged by paying someone to take them or bankruptcy aren't worse. If people aren't careful you can die and the damn things might get inherited, continuing the extraction misery. They're a whole different class of financial mistake.

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  • [–] 13 points 9 months ago

    I remember going to a presentation trying to sell timeshares back in the 90s. I was on vacation with my parents in Orlando Florida. If we went to an hour long presentation selling us time shares we would be given tickets to Disney world for 3 days and up to 4 people per party.

    I have no idea how they afforded to do that, I know we didn't buy one and I just read a book(i think I was about 10) while waiting to go to Disney world. We did get the tickets and Disney world was enjoyable.

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  • [–] 17 points 9 months ago (9 children)

    Yes, it's a one time waste of a large sum of money. Not entirely sure why that's supposed to be better. Congratulations, you got a jpeg. Bet it was worth $15,000.

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  • [+] -11 points 9 months ago (6 children)

    You're not sure why lifetime debt traps are worse than one time bad investments? Are you just trying to win an Internet argument at this point thinking I'm defending NFTs? Because yeah, a lifetime liability is generally worse for your average person.

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  • [–] 21 points 9 months ago (5 children)

    This is a bizarre exchange. You ARE defending NFTs and trying to get me to defend timeshares. Which are only superior in that they exist. Which is all I said.

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  • [+] -12 points 9 months ago* (3 children)

    Yeah but see, I've only commented on how bad timeshares are and how you don't actually own anything. They're both equally awful, as the op stated. You're the one trying to carry water for their actual value which is largely none or worse negative.

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  • [–] 11 points 9 months ago (2 children)

    ..God I hate the Internet. No, I didn't. Wouldn't ever. Haven't here. Would be a bizarre thing to do.

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  • [+] -7 points 9 months ago (1 child)

    How about you review the thread there hoss and think about who started getting defensive, reflexively downvoting, and pitched folks as holding a position they didn't have.

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  • [–] 4 points 9 months ago (1 child)

    It’s weird, I’ve met people who are actually happy with their timeshare. And are talking about buying another one! I don’t get it. But maybe it depends on how you vacation I guess.

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  • [–] 1 point 9 months ago

    Hosting fees, plus the computing costs of continuously visiting ownership for how every long people care about them.

    Feels similar and instead of Hurricane trashing the condo, it’s just what happens when you forget to back up the drive you saved it on and lose the key.

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