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Pareen Lathia · @pareen

Skepticism Of Worthless Crypto Assets

From x.com/pareen

I asked @EricCryptoman “who is building this?”.

I rebutted a claim by @monasex_1, saying that if the thing were worthless I would be sitting on a beach.

rebuttal.statement = "no. if it was worthless, i would be sitting on a beach"

I asked @monasex_1 whether we should expect people to keep buying assets that are worthless instead of finding a use case and a legit business.

This rhetorical question highlights my skepticism toward speculative buying of assets that lack intrinsic utility.

I noted that the market feedback indicated the project was perceived as lacking value, stating “that is just market feedback”.

I critiqued the common founder excuse “my project is not doing well because I am not scamming/rugpulling”, labeling it as “much harder”.

I stated I will not buy more NFTs unless I know the project founders and believe in them personally, on 2026‑08‑10 08:36 UTC.

I critiqued the industry, saying “the problem with the industry is that everyone is addicted to assets with no value and no respect for knowledge, vintage, or any fundamentals”, on 2026‑08‑10 08:36 UTC.

I forecast that “it should be incredibly hard to separate you from your stables”, on 2026‑08‑10 08:36 UTC.

I expressed strong skepticism about the current NFT hype, calling recent drops “souvenirs” and warning that most projects lack lasting value.

  • decision = not buy NFTs without known, trusted founders

I stay in stablecoins unless a project can demonstrate clear fundamentals, long‑term plans, and genuine community building.

  • target_audience = professional roundtrippers (speculative traders)
  • market_observation = endless launch of “new thing after the new thing” without value creation
  • stance = prefer stablecoins over hype‑driven NFTs
  • reason = most NFTs are speculative souvenirs with no fundamentals
  • filter = verify founder identity and project fundamentals before purchase