As if we needed more proof that monetary value is arbitrary and capitalism is based on a lie we all choose to believe, a digital Pepe the Frog trading card was just sold at an IRL auction for some serious cash.
The one-of-a-kind Homer Pepe sold to the auction’s lucky winner for 350,000 in the digital currency PepeCash. At the time of sale, that amounted to freaking $39,000.
Homer Pepe is just like Homer Simpson. But, ya know, frighteningly green with a Pepe smile. To top it off, the beloved cartoon character turned monster is positioned on a background of Simpson clouds!
A piece of “rare digital art” is a unique image tied to code in a blockchain-based currency platform, which means it can be authenticated on a digital ledger of sorts. A normal digital image — whether a lol cat or a picture of a Rembrandt — can be copied and shared with no way of recording or authenticating originality and ownership. But a…
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