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Xeer· 2025-08-23 06:57
Wealth Disparity - The document highlights a significant wealth disparity, where an individual's net worth increased by over $600 thousand in a single day through passive investment activities [1] - This passive income generation is contrasted with the earnings of a minimum wage worker, who would earn approximately $15 thousand for an entire year of full-time work [1] Investment Strategy - The document suggests that accumulating wealth requires transitioning from active labor to a state where money generates more money [1] Social Commentary - The author positions themselves as not even being in the top 1% of wealth, implying an even greater level of wealth accumulation among others [1]
X @Xeer
Xeer· 2025-08-23 05:35
Risk Management & Responsibility - The NFT industry emphasizes individual responsibility for investment decisions, particularly in high-risk ventures like minting [1] - The industry suggests developers are not liable for losses incurred by users attempting to "game the system" [1] - The industry views losses from botched minting attempts as a consequence of greed and a lack of due diligence [1] Market Sentiment & Ethics - The NFT market reflects a "casino" environment where losses are expected and accepted as part of the risk [1] - The NFT community discourages seeking refunds for losses resulting from one's own actions [1]
X @Xeer
Xeer· 2025-08-22 22:38
RT Dev Dirk (@Bomi_Papa)For the last 24 hours, GeeBank has processed over 424 trades for @GeezOnApeA quick comparison for you: the highest transaction from bluechip NFTs for the last 24 hours was Moonbirds: they had 100 tradesCongrats to @RidazLp2 having the most insane communityGEEZ ON TOP ...