An equally stupid but more visually satisfying way to mismanage your hard-earned money is to create a huge pile of it in your driveway, douse it with gasoline, then set it on fire. In doing so, you will have the same level of rights ownership and enforcability as an NFT.
Sorry but even this is not as bad of an idea as NFTs...if you have insurance, at least. They can actually test the ashes of your (former) money pile, and, using chemical markers, can determine the exact amount of cash that was present. Allegedly they can even do this with a very tiny percentage of the remains.
The way I understand it works, for example, if you burnt $100 there would be like .001% of the marker present, but if you burned $100,000 it would be closer to .1% etc.
Anyway, the moral of this story is, do not EVER lie on an insurance claim and say you lost $50k USD in a safe when your house burns down. They will test it, and let you know that your claim has been approved for the value of $7 or whatever they find, probably followed by a big juicy investigation and filing of charges, unless you can get someone to say they took most of the money without your knowledge or permission before the fire. Please do not ask me how I know this.
