Sunk cost
Taiwan
In April, on an overcast spring afternoon, I attended the seventh iteration of NFT.NYC, a haven for all believers in monkey JPEGs with a price tag and other NFTs. As rain pelted the Javits Center, the “ Super Bowl of NFTs ” felt abandoned. “The amount of people here is definitely reduced from last year,” Ric Johnson, who was promoting an NFT that let people vote on whether Donald Trump should go to prison, politely told me. Big Mac, an attendee who only gave me his online pseudonym (crypto has
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