Last updated: February 6, 2026 at 01:41 PM
Summary of Reddit Comments on NFTs
Negative Sentiment Towards NFTs
- NFTs are seen as a scam and a joke by many, with comments comparing them to beanie babies and criticizing them as worthless URLs pointing to images.
- Many feel that people who bought into NFTs got what they deserved and that the industry is a scam that targets gullible individuals.
- There is an overall sentiment of satisfaction as NFT values plummet, with some expressing schadenfreude over the situation.
- Comments highlight the decline in NFT values, with some suggesting they are essentially worthless and predicting further drops in value.
- The NFT industry is criticized for its role in money laundering and described as a scheme to separate fools from their money.
Specific Criticisms of NFTs
- The idea of purchasing NFTs is mocked, with comments highlighting the absurdity of paying large sums for digital ownership.
- Specific instances of NFT purchases, like Jack Dorsey's first tweet, failing to hold value are mentioned as evidence of the NFT market's instability.
- Specific individuals, like Logan Paul, are used as examples of NFT buyers who may have lost money due to the decline in NFT values.
Dissent and Skepticism
- Some commenters express doubt about the potential of NFTs to have any true value or long-term viability in the market.
- While some see a future for the underlying technology of NFTs, the general consensus is that the fad of buying NFTs as investments is over.
Critiques of NFT Investors
- Criticisms are directed at celebrities and wealthy individuals who participated in the NFT market, with some comments highlighting instances of flaunting expensive NFTs on shows like Jimmy Fallon.
Mixed Sentiment
- There is a mix of feelings regarding the decline of NFT values, with some expressing relief that the bubble burst, while others express regret for those who invested in NFTs.
Conclusion
- Overall, the Reddit comments reflect a negative view of NFTs, with many users expressing satisfaction or lack of pity for those who invested in them as the values of NFTs experienced a decline. There is a consensus that NFTs are largely seen as a scam and hold minimal value in the eyes of many Reddit users.








