RE: Will Cryptocurrency Lead To Massive Inflation?

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The prices of virtual land is pretty insane. An Axie Infinity Genesis plot just went for $5 million bucks. I can only think that there is some serious money laundering going on the NFT space. Also, the decentralized metaverse is a force to be reckoned with. Stores, property, and assets existing in an intangible world is practically matrix-like.



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I dont question the insanity of the prices. Personally, I feel there is a bubble-like situation forming. For this reason, we could see things reverse at some point in time.

Either way, whatever the price paid, it is sucking up a lot of money and will continue to do so. That means we are going to see more of them popping out.

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