>>57347803Explain the process in which someone launders their $150k loss by selling to a verifiably different individual for $30k years later. They're all different people.
Keep in mind all on-ramping into crypto is done via KYC checkpoints where you have to verify your personal information like social security number (or whatever taxpayer identifier they use in their countries) and of course cashing out requires going through those ramps as well.
You can also investigate the individual transaction history between these wallets and see they're very unlikely to be the same individuals. Many of them are trading hundreds of thousands worth of assets (not jpegs necessarily). It's easy to just say buzzwords, but most people don't actually want to come to terms with the fact that there are just really rich people in Dubai and Singapore who just want to digitally flex. They have more money than you'd realize and just spend it on dumb shit. Why does it feel unlikely you'd see some dumbass on TikTok spending a fortune on a wristwatch to impress strangers online but not a jpeg? It's just impressive to their group of friends. Just like an immersive card may be sought after for us but nobody playing this game would give a shit. There are people who already spend thousands collecting jpegs in this game, that's the point I'm really making. It most likely isn't you (I hope) but there are people out there with deeper pockets than you realize.