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I think the NFT thing is kinda ridiculous. But then so are plenty of other marketing shenanigans. Maybe it could have worked? But once it was picked up by the
by wpietri 5y ago
I think the NFT thing is kinda ridiculous. But then so are plenty of other marketing shenanigans. Maybe it could have worked?
But once it was picked up by the grift/hype/fincrime machine that has eaten cryptocurrencies, it lost all semblance of plausibility to me. It has gone from something like "I bought a small piece of a creator whose work I treasure" to "ZOMG MAKE MONEY FAST".
As an example, take the guy who was big on what he calls investing and I call gambling, who proposed to his girlfriend with an NFT:
https://twitter.com/redditships/status/1432396694608662536?lang=en https://twitter.com/redditships/status/1432396694608662536?l...
For me it's the same deal with cryptocurrencies in general. Interesting idea, and I want to visit the alternate reality where it was developed gradually and sanely by the sort of curious, well-meaning person that got into it early on. But the sort of value-based innovation I care about got stomped long ago.