They're Selling Celebrity Farts As NFTs

It always surprises me what people are willing to pay good money for.

In 2015, a couple of guys in Canada started selling ziplocks of air on eBay as a joke. The first one sold for $168. Someone paid that for a ziplock of air.

They’ve since expanded their business and now they’re shipping cans of compressed air to China. They say it’s pure mountain air they siphon from Banff Alberta. You can pay extra for flavored air.

This wasn’t the first time someone bought something crazy.

In 1977, Elvis Presley’s assistant sold a glass with a bit of water he didn’t quite drink, for $455.

And then there’s the museum in NY that sells art that only exists in an artist’s mind. Truly weird. You can’t see it but you can read a description. (The Museum of Non-Visible Art)

Now we have NFTs.

People got together and persuaded each other that digital files are worth a lot of money. Digital images or sounds, or videos, and more. Whatever you can imagine.

Groupthink* is a real thing and we’re being sucked in.

If you google “Craziest NFTs”, you get a list of the most bizarre and expensive nonfungible tokens you could imagine.

People have truly lost it.

Digital toilet paper sold for over 4 thousand dollars.

And there are FARTS!

Fart symphony on the blockchain

A guy recorded his farts and created a 52-minute recording of a fart symphony. He’s selling individual farts for $85 US

and people are buying them!

Actual FARTS! Well, not actually farts. These are digital farts. Sound bites of farts.

Fart Bites.

Have we lost our collective minds!

What is the purpose of NFTs anyhow?

I think they’re a strange form of entertainment for the super rich?

In the future, will they be considered the beginning of a new form of art, a sort of renaissance of the digital art world?

Or will they be considered a bizarre memento of a time before we solved the environmental crisis?

Will we discover that NFTs and cryptocurrency are a result of an undetected new virus that attacks the logic centers of our brain?

Or are they the most recent example of groupthink?

You tell me.

Money to burn

Low-interest rates encourage people to borrow money. The outrageously rich have nowhere to put their money.

There are people on this planet with so much money, they don’t know what to do with it. Super rich people are bored and I think they’re playing with NFTs for their own entertainment.

These gazillionaires have everything they have ever wanted and now they’re making things up so they have something to play with. They’ve created artificial money, and tokens and now NFTs and they’re sitting back laughing at how gullible we peons are.

We’re told, “If you don’t get in now, you’ll miss out.”

The trouble is, the average Joe (Jill?) is sucked into thinking there's something of value here. They get all excited and think they can get rich quickly by buying tokens they can use in online forums or games….. or they buy FARTS.

The rich are toying with the masses, playing with our emotions, our fear of missing out.

Come on people. Open your eyes.

Just because someone will pay $85 for the sound of a fart today, doesn’t mean it will be worth anything in the future.

When interest rates rise, the source of some of this money will die up and people will start selling their crypto and their NFTs. Will there be buyers?

Good luck with that.

*Groupthink is a form of mass delusion where a group wants consensus so much that they agree with each other, no matter what. Highly intelligent people who form a cohesive unit are more likely to fall subject to this phenomenon. Think the tech world.

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