FINANCIAL: Are NFTs the ‘tulipmania’ of the 21st century?

https://ritholtz.com/2021/04/10-friday-am-reads-316/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29

10 Friday AM Reads
April 23, 2021 6:55am by Barry Ritholtz
My end of week morning train WFH reads:

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The cost of a single tulip bulb surged to the same price as a mansion 400 years ago: are NFTs the ‘tulipmania’ of the 21st century? Similarities between the new digital technology craze in the art world and the surge in value of tulips in 17th-century Holland suggest that it could all end in (real) tears (Art Newspaper)

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Certainly seems that way to me.

I keep wondering how to cash in.  Maybe take a public domain work and NFT it?

—30—

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