What in the Funk is a Cryptopunk, and other blockchain NFT's?

[Snattlerake]

Jeeeeeeze! Someone stop the world I wanna get off!

Dafunk is a cryptopunk? One cryptopunk # 1484 sold for $327,000 USD and 240.00 ETH,

Here it is.

$327,000 for a bitmap?

Dafunk is an ETH?

Dafunk is a blockchain?

Dafunk is an NFT Non Fungible Token?

Even though this website attempts to explain, I'm still in the dark.

https://www.benzinga.com/markets/cr...e-cryptopunk-nft-just-sold-for-327-792-in-eth

 

[joegrizzy]

long story: it's money laundering.

short story: it's money laundering.

 

[cowadle]

they have been trading on an ETF of a fart. just crazy in the world of finance

 

[davek]

I think it's craptastic!

 

[Gypsy]

It's not all money laundering. It's gambling too.

 

[joegrizzy]

you can find all sorts of stuff about it even here. i won't say anything.
but let's just say when a very good friend of mine walked into my living room and announced to me "OH BUTTCOIN IS GONNA HIT $100K, IT'S GOING TO $100K" i said to him "buddy, let me tell you about playing other people's games".

last i heard his dad was REAL upset with him. i know an unfortunate amount of people who like to gamble and don't understand the power of the house. the tribe loses less than the mob did in old vegas.

>what do you mean ponzi scheme?
>what do you mean i'm left holding bags?
>what do you mean they can lobby congress to make my reddit posts illegal insider trading?
>what do you mean they use their media influence to outright lie about retail trading?
>what do you mean they just straight up cheat?

 

[Snattlerake]

Dahell?