GameStop has notified customers that it's shutting down its NFT market, effective February 2. The marketplace launched in July 2022. GameStop also shut down its year-old crypto wallet in November, citing "regulatory uncertainty."
There is actually a fantastic video essay about Gamestop bros by Folding Ideas (the guy who made Line Goes Up) called “This is financial advise”. I highly recommend listening to it, the whole thing turned out to be way more complicated than it seemed.
There is actually a fantastic video essay about Gamestop bros by Folding Ideas (the guy who made Line Goes Up) called “This is financial advise”. I highly recommend listening to it, the whole thing turned out to be way more complicated than it seemed.
Here’s the vid in question, I second, it’s very good.
https://youtu.be/5pYeoZaoWrA
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Thanks for the suggestion! It was a good video. Also reinforces my belief that the rational, boring narrative is almost always the right one.
I second this recommendation.