12-year-old is set to earn over $400K after about 2 months selling NFTs

https://www.cnbc.com/2021/08/25/12-year-old-coder-made-6-figures-selling-weird-whales-nfts.html

by msie • 5 years ago

5 6 5 years ago

twiddling• 5 years ago

Totally not a bubble

neophyt3• 5 years ago

i still don't understand, why would anyone be interested in purchasing stupid looking art which is of no use apart from reselling these stupid images and gif... all the fucking collections looks so stupid

namero999• 5 years ago

Money laundering

bediger4000• 5 years ago

On a meta-level, why do news organizations run this kind of story? You know, "N-year-old does Adult Thing X, making lots of money" stories.

First, there's a lot of 12-year-olds. Second, as the Ergodic Hypothesis has it, sooner or later, even the least likely thing comes true. These two premises lead us to believe that certainly a 12-year-old can make $400K doing this sort of thing. It's just not news.

So what's the real reason for pushing these narratives?

gus_massa2• 5 years ago

From https://en.wikipedia.org/wiki/Man_bites_dog

"When a dog bites a man, that is not news, because it happens so often. But if a man bites a dog, that is news."

gus_massa2• 5 years ago

Another explanation, from the comments in https://news.ycombinator.com/item?id=28326220

12-year-old is set to earn over $400K after about 2 months selling NFTs

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