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NFTs Are a Dangerous Trap

seths.blog

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Re: NFTs Are a Dangerous Trap

#3
How much electricity is used refrigerating frozen desserts in the US? It's probably a lot. Probably more than a small country. Is ice cream an unnecessary and "dangerous" trap that we will all pay dearly for in the end? Probably.

Re: NFTs Are a Dangerous Trap

#5
It’s easy for a famous entrenched artist who mass produces their work thanks to legacy infrastructure to talk down on this but I’m seeing lots of independent creator artist friends making some money for their work

Re: NFTs Are a Dangerous Trap

#6

How much electricity is used refrigerating frozen desserts in the US? It's probably a lot. Probably more than a small country. Is ice cream an unnecessary and "dangerous" trap that we will all pay dearly for in the end? Probably.

I don't understand the point of this comment. It's almost schizophrenic in nature. Are you advocating for wasting energy by saying that wasting energy is fine because it's done in other places but not criticized?

Re: NFTs Are a Dangerous Trap

#8
The possibilities of NFTs fascinate me, especially for portable, digital identities and assets that transcend any specific virtual realm and can't be arbitrarily erased by any central authority.

But I also won't put a single sat in any of them right now.

Re: NFTs Are a Dangerous Trap

#9
great write up thanks Seth.

we're going to have to suffer hearing about these terrible ways to extract money from people & waste energy for so long.

this is a demented game of make believe, and it's just going to keep getting worse all around us.

Re: NFTs Are a Dangerous Trap

#10
post #5

It’s easy for a famous entrenched artist who mass produces their work thanks to legacy infrastructure to talk down on this but I’m seeing lots of independent creator artist friends making some money for their work

What property of NFTs has suddenly made them make money where previously they weren't? Like how did adding NFTs to the mix suddenly make their art start selling?
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