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You're right, the crux of the argument is whether you believe wallets have authority. I regularly interact with crypto, have participated in ICO's and have boug
by RhodoGSA 5y ago
You're right, the crux of the argument is whether you believe wallets have authority. I regularly interact with crypto, have participated in ICO's and have bought and sold NFT's. People who are into NFT's do believe in the authority of wallets. Granted, they are about authoritative as a hacker news display name. I can ping the wallet and see if this wallets monikor has a large amount of crypto, see their past transactions, decentralized social media's, etc. A wallet only gains authority slowly as someone uses it. Say a particular NFT was sold by _X_, which is a big name who has sold alot of cool digital art in the past. If I duplicate the Art, or use a pointer to the same reference it was never generated, nor sold by _X_. The art is only half the story and within NFT's the other half is the transaction history and how you got it. It's cool to look at different transactions, how much it was sold for, etc. Also, dismissing NFT's because art is throwing the baby out with the bathwater. There are alot more uses for them, it just seems like people like to talk trash on things other people just generally think are cool and quirky.