Every now and then, you have to allow yourself to be happy at someone else’s misfortune. You’re not supposed to, of course. Schadenfreude is often considered an unattractive emotion that leads to a curdled and bitter perspective. But my motto is, as long as it doesn’t get out of hand, there’s nothing wrong with celebrating the failures and reversals in another person’s life. For instance, I read recently that almost 95% of all non-fungible tokens, those digital “assets” everyone was talking about a few years ago, are totally worthless.

A quick recap: A non-fungible token, also known as an NFT, is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.