I don't really care about fad stuff so I never bought any but also I never really understood how they worked practically. Like if I bought a famous tweet or jpg or what ever, how would I use the token to verify owner ship of the thing or sell it?

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[–] 18 points 1 month ago

And the ownership was more often than not a url. So whoever owned that domain decided what was at that url. But yeah it was a number of people who made money off

https://en.wikipedia.org/wiki/Greater_fool_theory

And then a number of people who lost money thinking they weren’t the greater fools

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