Thursday, December 16, 2021

One Early Theranos Series A Holder Will Turn His Stock Certificate Into An NFT: Effort To Turn A Profit On "Investment".


Well. Yes.

It is official.

This is a world one could not have imagined two decades ago.

When the worthless, bankrupted Enron stock certificates were used to wallpaper some Texas (former) "investors'" bathrooms, I thought I had seen it all.

Not. Even. Close.

[This is an ironic -- if perfect -- development, as closing arguments begin in San Jose, this morning. Perhaps someone could now make an NFT out of Martin Shkreli's defunct strip club "hedge" fund certificates, from around 2016/17. Priceless.]

This gent is enterprising -- even if the move highlights all that is wrong with the commodified fine-art world. To be certain, this is NOT fine art, at right.

Here's to hoping that he recoups at least some of the $150,000 he put in.

Grinning. . . .

नमस्ते

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