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Over $100M in Metaverse Land Sales Last Week

Author: simonebrunozzi

Score: 6

Comments: 6

Date: 2021-12-03 10:09:02

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1cvmask wrote at 2021-12-03 10:42:56:

Land or surface area to be more precise in the real world is finite.

This metaverse land just seems to be a “cool” dutch tulip greater fool ponzi scheme. This is the peak of Maslow’s hierarchy of needs.

fsloth wrote at 2021-12-03 11:11:23:

"This is the peak of Maslow’s hierarchy of needs."

As recognized by recent literature, Maslow's needs actually don't have a hierarchy - while each segment is important, and is helpful in analyzing human condition, there is no universal absolute ordering for them. Hungry people may perform art, for instance.

initialized wrote at 2021-12-03 11:26:56:

the dutch tulip bubble lasted one winter before collapsing, it also coincided with a growth in the supply of money during that period.

today dutch tulips are still a major tourist attraction, see the flower markets of Amsterdam busy each day. culture persists.

bellyfullofbac wrote at 2021-12-03 11:11:28:

It's so freaking incredible. Everybody is greedy, and a lot of people (a subset of the "everybody") are using their greed to scam them.

Yeah yeah blockchain, fiat is going to die, inflation, blah blah, you can find your justifications, but it's just greed, in my opinionated opinion.

I wonder how much of it is also influenced by the super-rich flaunting their stuff on social media, and reality TV. Apparently Bhutan was very happy before TV was legalized (in 1999), and TV changed things, they saw how the others lived and in short their society got infected with that hedonistic/capitalistic greed.

tinus_hn wrote at 2021-12-03 18:11:04:

Is this the old Second Life boom all over again?

web2sucks wrote at 2021-12-03 15:41:33:

Is Minecraft also a tulip? You guys are so short sighted.