TL;DR: The NFT market has drastically declined since its peak in 2021, with most NFT collections having no value. There’s an oversupply of NFTs, leading to a buyer’s market, and environmental concerns due to energy consumption. Top NFTs also struggle to maintain value, and the future of NFTs depends on utility and genuine value rather than speculation.
I can assure you if you were watching a programme that was hyping nfts, you weren’t watching “news”
WTF is up with your media over there?!?
Once again, so many things currently wrong with the USA can be traced back to the Regan administration.
The fairness doctrine of the United States Federal Communications Commission (FCC), introduced in 1949, was a policy that required the holders of broadcast licenses both to present controversial issues of public importance and to do so in a manner that fairly reflected differing viewpoints.[1]
In 1987, the FCC abolished the fairness doctrine
The demise of this FCC rule has been cited as a contributing factor in the rising level of party polarization in the United States
After that news programs had no responsibility to be truthful in any real sense.
Thanks for this educational post, TIL I learned something interesting (and sad/infuriating).
Cheers.
I wasn’t joking when I wrote this:
What, like your education system is so bad you can’t even spell the names of your presidents? 😂
I am not american…
It is possible to know the history of another country but get something wrong occasionally.
Correcting spelling mistakes is the lowest rung of internet comments…
It’s a joke on the mess that Reagan made of the education system, chill out
Yeah. https://www.educationnext.org/remembering-nation-risk-reflections-politics-policy/
Abolish the Department of Education. School choice vouchers. Standardized testing. All these memes started with Reagan. Not Regan, his Secretary of Treasury, but a lot of people confused Ronald Reagan and Donald Regan, even at the time.
Nah, that was just a spelling mistake from a non-american, I have never heard of Donald Regan (and don’t know if that is a joke or not)
No sweat, friend. I was just using the opportunity to extend the “It’s all Reagan’s fault” train. And Donald Regan was a real guy appointed by Ronald Reagan. They didn’t have the diversity of names we do now, so a lot of them repeated, rhymed, or required a middle initial to differentiate. Like all the George Bushes - GWB, GPB, GHWB…
Cheers for the info.
Can’t speak for nfts, but mainstream morning news shows absolutely shilled for the metaverse. It was embarrassing. Cringe, even.
https://www.today.com/video/what-is-the-metaverse-get-a-look-at-the-internet-s-next-big-frontier-145223237790
They shilled for NFT’s too.
I couldn’t get over how silly it sounded to spend actual money for what amounted to a screenshot.
You mean the guy who owns of hundreds of local, national, and international publishing outlets around the world, including in the UK (The Sun and The Times), in Australia (The Daily Telegraph, Herald Sun, and The Australian), in the US (The Wall Street Journal and the New York Post), book publisher HarperCollins, and the television broadcasting channels Sky News Australia and Fox News (through the Fox Corporation). He was also the owner of Sky (until 2018), 21st Century Fox (until 2019), and the now-defunct News of the World?
We shouldn’t of let him in, but we didn’t create him.
We shouldn’t have, never of