Cryptography experts trash NFTs on first day of RSA Conference
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Re: Cryptography experts trash NFTs on first day of RSA Conference
#2The books in everyone's backgrounds :D
We get it! You're experts!
Re: Cryptography experts trash NFTs on first day of RSA Conference
#3> Certainly it's not harmful — some people collect coins, some people collect stamps, some people collect NFTs. If they want to pay money for this, it's fine with me.
Exactly. If someone makes some purposeless set of objects and others buy and sell them and money is lost and gained by informed adults in the process then.. nothing?
If one thinks that NFTs are inherently a BAD THING then it may be more accurate to say that it is a bad thing that humans are easily persuaded to acquire shiny things and things they think will rise in value.
If so, the problem lies in human nature.
Energy expense of NFTs is not covered in the article.
Re: Cryptography experts trash NFTs on first day of RSA Conference
#4lol, who cares what they think.
Re: Cryptography experts trash NFTs on first day of RSA Conference
#5Has anyone watched the discussion? This article is, well, not sure what value I'm getting out of this: cryptographers discuss the merits of NFT...OK..."Shamir then announced plans to, at some point in the future, theoretically mint his own NFT."
The concept of NFT is fine, the problem is the implementation plus resources/energy costs, right?
Re: Cryptography experts trash NFTs on first day of RSA Conference
#6Just an easy way to launder money.
Re: Cryptography experts trash NFTs on first day of RSA Conference
#7The ultimate snark from the article - “If the RSA Conference finally decides on an answer, maybe it can mint that as an NFT.”
Awesome!
Re: Cryptography experts trash NFTs on first day of RSA Conference
#8I totally agree.
Tulips was the first thing that came to my mind as well.
However as a technology NFT has it place, especially when crypto ecosystem evolves beyond ETH limitations
Re: Cryptography experts trash NFTs on first day of RSA Conference
#9The books in everyone's backgrounds :D We get it! You're experts!
No tenure until your office turns into a fire hazard of papers and books.
Re: Cryptography experts trash NFTs on first day of RSA Conference
#10I'm not sure if RSA is a trustworthy authority on anything, considering the intentionally backdoored crypto they've produced.