Buying a pink NFT cat was a crypto nightmare

https://www.bbc.com/news/technology-57273904

Bright, colourful digital-only art that is selling for millions – who wouldn’t be intrigued?

But my first experience of investing in this world was a nightmare – with far too much time, money and stress wasted on… well, not very much.

Because an NFT doesn’t have a physical representation like a painting, it exists only as a digital asset.

So all I was paying for was a record of ownership – basically, to have my number displayed on a website next to a cartoon cat.

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