Morty-C-137 Define what the ‘money’ is?
I’m not doubting that most NFT investors are in huge losses, you are missing my point.
Most NFT investors/buyers are ‘Coin Bros’ for want of a better description, and what do they use to purchase NFTs with? Magic Beans as some people may say on here. If those beans cost $20 a piece in 2016, then rose to $4000 in 2021 a piece in FIAT terms then of course the value of the NFTs seems ridiculous.
Those people work in crypto currency, not fiat currency. This is the key point.