None of these dipshits own their stupid useless pixel art either. They fell for a scam that doesn’t even have anything of potential use, unlike a timeshare, which you could actually potentially use. Not the burn op thought it was.
Yes, it’s a one time waste of a large sum of money. Not entirely sure why that’s supposed to be better. Congratulations, you got a jpeg. Bet it was worth $15,000.
You’re not sure why lifetime debt traps are worse than one time bad investments? Are you just trying to win an Internet argument at this point thinking I’m defending NFTs? Because yeah, a lifetime liability is generally worse for your average person.
This is a bizarre exchange. You ARE defending NFTs and trying to get me to defend timeshares. Which are only superior in that they exist. Which is all I said.
Yeah but see, I’ve only commented on how bad timeshares are and how you don’t actually own anything. They’re both equally awful, as the op stated. You’re the one trying to carry water for their actual value which is largely none or worse negative.
No, but it’s baffling to me that folks don’t seem to understand that timeshares with recurring maintenance costs that can only be discharged by paying someone to take them or bankruptcy aren’t worse. If people aren’t careful you can die and the damn things might get inherited, continuing the extraction misery. They’re a whole different class of financial mistake.
I remember going to a presentation trying to sell timeshares back in the 90s. I was on vacation with my parents in Orlando Florida. If we went to an hour long presentation selling us time shares we would be given tickets to Disney world for 3 days and up to 4 people per party.
I have no idea how they afforded to do that, I know we didn’t buy one and I just read a book(i think I was about 10) while waiting to go to Disney world. We did get the tickets and Disney world was enjoyable.
The two aren’t even remotely comparable. A timeshare may not be as valuable as you thought it was, but it exists and you can use it. An NFT is basically an entry in a star registry, but the people think (or at least thought) they actually own the stars.
On the other hand, with an NFT you’ve just thrown your money down the toilet, while timeshares will keep charging you fees and are incredibly difficult to get out of (and the services that supposedly help people get out of them are often scams too).
True, but while you’re still paying those timeshare fees, you still have access to the place.
The real difference is that a time share is never thought of as an investment where you buy low and sell high. It’s thought of as getting a good deal on something you plan to use. For it to be similar to an NFT it would have to be something like a dude in Nebraska buys a time share in Australia and then tries to make money from Australians or something. AFAIK almost everybody who buys time shares does it because they plan to use the place as a vacation property and actually do use it that way, at least for a while.
At least it exists.
But you sure don’t own it.
None of these dipshits own their stupid useless pixel art either. They fell for a scam that doesn’t even have anything of potential use, unlike a timeshare, which you could actually potentially use. Not the burn op thought it was.
Honestly at least NFTs don’t have recurrent maintenance costs that literally make their value go negative.
Yes, it’s a one time waste of a large sum of money. Not entirely sure why that’s supposed to be better. Congratulations, you got a jpeg. Bet it was worth $15,000.
Are the gifs or pngs more expensive?
You’re not sure why lifetime debt traps are worse than one time bad investments? Are you just trying to win an Internet argument at this point thinking I’m defending NFTs? Because yeah, a lifetime liability is generally worse for your average person.
This is a bizarre exchange. You ARE defending NFTs and trying to get me to defend timeshares. Which are only superior in that they exist. Which is all I said.
‘X is an awful thing but it could be worse’ doesn’t really sound like defending X
Yeah but see, I’ve only commented on how bad timeshares are and how you don’t actually own anything. They’re both equally awful, as the op stated. You’re the one trying to carry water for their actual value which is largely none or worse negative.
…God I hate the Internet. No, I didn’t. Wouldn’t ever. Haven’t here. Would be a bizarre thing to do.
You bought an NFT, didn’t you?
No, but it’s baffling to me that folks don’t seem to understand that timeshares with recurring maintenance costs that can only be discharged by paying someone to take them or bankruptcy aren’t worse. If people aren’t careful you can die and the damn things might get inherited, continuing the extraction misery. They’re a whole different class of financial mistake.
I remember going to a presentation trying to sell timeshares back in the 90s. I was on vacation with my parents in Orlando Florida. If we went to an hour long presentation selling us time shares we would be given tickets to Disney world for 3 days and up to 4 people per party.
I have no idea how they afforded to do that, I know we didn’t buy one and I just read a book(i think I was about 10) while waiting to go to Disney world. We did get the tickets and Disney world was enjoyable.
This is now a timeshare thread.
The two aren’t even remotely comparable. A timeshare may not be as valuable as you thought it was, but it exists and you can use it. An NFT is basically an entry in a star registry, but the people think (or at least thought) they actually own the stars.
timeshares had knockon costs that kept on giving in some cases years
for those NFTs were better
NFTs were bought with crypto, which had various hidden costs, scams and thefts, so it’s basically the same.
Well said.
On the other hand, with an NFT you’ve just thrown your money down the toilet, while timeshares will keep charging you fees and are incredibly difficult to get out of (and the services that supposedly help people get out of them are often scams too).
True, but while you’re still paying those timeshare fees, you still have access to the place.
The real difference is that a time share is never thought of as an investment where you buy low and sell high. It’s thought of as getting a good deal on something you plan to use. For it to be similar to an NFT it would have to be something like a dude in Nebraska buys a time share in Australia and then tries to make money from Australians or something. AFAIK almost everybody who buys time shares does it because they plan to use the place as a vacation property and actually do use it that way, at least for a while.