, Columnist
Let’s Try to Make Sense of That $600,000 Rock NFT
Could it be that there’s just too much money sloshing around?
Some beautiful rocks that do not cost $600,000.
Photographer: SAM YEH/AFP/Getty Images
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For a while in 1975, the hottest toy in America was the Pet Rock. It was a rock you treated like a pet. It cost $4, or about $20 in today’s money. It was ridiculous. But it made its creator rich and maybe helped people forget about Vietnam and Watergate for a bit.