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One of the main complaints was that minting and selling NFTs was incredibly expensive - not just in terms of the USD cost of the fees, but the amount of proof-o
by kevingadd 5y ago
One of the main complaints was that minting and selling NFTs was incredibly expensive - not just in terms of the USD cost of the fees, but the amount of proof-of-work compute involved. I think if they had launched on a proof of stake network people would have been way less negative on them.
- danudey 5y agoThis is my primary objection (and an objection to crypto in general as well). You have a meme, and someone sells you a little laminated card saying "I own the meme at this URL", and all it costs is $80,000 and you have to burn down an acre of rainforest. It's purely asinine in every respect, and, like a lot of crypto, is basically just a gold rush plus pyramid scheme.