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> 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…
> 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…
I'm not sure if RSA is a trustworthy authority on anything, considering the intentionally backdoored crypto they've produced.
I've been following this because I'm interested in virtual worlds. There are at least four virtual worlds that use some kind of NFT thing to register land ownership. Nobody does much in those worlds, and the graphics aren't all that good. It's all about trading land and speculating in some minor cryptocurrency.
The newest entrant - Zero Space.[1] The actual 3D world is promised for 2024. They already have five cryptocurrencies of their own, plus an NFT system. Their "3D world" is a simple un-shared Unreal Engine demo. They claim they will have a high-resolution metaverse, but show no indication that they have any idea how to build one.
> 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…
> informed adults
I believe there are many that don't understand that NFTs don't represent ownership in anything yet they are billed as such. From NBA Top Shot: "you get to own and show off the highlights that matter". Except, the NBA owns all the footage and the rights. Do you get to sue the NBA if they bin Top Shot? If so, what would you get? Nobody was angry with Crypto Kitties. It was clear what exactly you had. But NFTs are simply a means for people to strip the token of anything of value and yet get to market it behind a veil of complexity to prey on those who don't understand.
> 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…
But also isn't it a little crazy to think about how many unestablished / small-time artists are dropping $50~$150 on minting NFTs that might never even sell. And how their participation just drives the hype engine and makes the whole thing look like even more of a thing?
> 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…
Energy will negligible upon Eth 2.0 PoS merge
I'm not sure if RSA is a trustworthy authority on anything, considering the intentionally backdoored crypto they've produced.
Are you thinking of the NSA?
The NFT thing seems to be settling out. It's for collectables, like Magic, the Gathering cards. I've been following this because I'm interested in virtual worlds. There are at least four virtual worlds that use some kind of NFT thing to register land ownership. Nobody does much in those worlds, and the graphics aren't all that good. It's all about trading land and speculating in some minor cryptocurrency. The newest…