Beware the NFT bubble built on digital sand


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Here’s a sound piece of advice for anyone tempted to jump into the most extraordinarily speculative South Sea Bubble–style investment frenzy since, well, the 18th-century South Sea Company’s bubble burst, financially ruining thousands of investors in Georgian Britain.

Don’t do it.

Investing in so-called non-fungible tokens (NFTs) is fine provided you have unlimited funds and can laugh off spectacular losses. But if you’re considering raiding your pension pot or your child’s college fund in the hope of getting rich quick … please, think again.



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93 shares, 53 points

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