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It's just digital trading cards, like pokemon or baseball cards. Just amateurs are running the show now, but the NBA already got in on this, so if you want some
by Apofis 5y ago
It's just digital trading cards, like pokemon or baseball cards. Just amateurs are running the show now, but the NBA already got in on this, so if you want something more legit: https://nbatopshot.com/ https://nbatopshot.com/
- revolvingocelot 5y agoHey now, they're not just "digital trading cards, like pokemon or baseball cards"! They're also an enormous waste of resources! Yeesh. At least collectors of sports memorabilia have some memorabilia to admire. I can't imagine what value-add there is for "NBA Top Shots" that I can't replicate by backing up a short clip of the play. My solution is more durable, too!
- Apofis 5y agoAll of money is imaginary and all things have a representative monetary value. All of the above are imaginary things. Work from this basis, the rest of this will make more sense. So now if you use your imagination, we can start lining up some value. What value does gold have in World of Warcraft?
- notsureaboutpg 5y agoLots of sport memoribilia is dumb and ritualistic when you think about it. An autographed football is cool because it means the athlete themselves signed it. But I can laser the exact same looking autograph onto another football. They look identical. One is worth way more though...
- menzoic 5y agoGold is just a rock. Why do all humans value that nonsense so much?
- blululu 5y agoNo, gold is an amazing substance in its own right. There are rarer and scarcer metals, but gold is special. This conversation relies in some part on the ductility and conductivity of gold to power our computers. It doesn’t tarnish and it is very malleable. This means you can shape it into some very beautiful and durable forms with even crude hand tools. The potential value add is very large. It’s use to back currencies is largely symbolic but it was chosen for good reasons.
- tbabb 5y agoGold has properties that are similar to copper (highly electrically and thermally conductive, lustrous, and malleable), with the added benefit of being corrosion resistant. Many of the industrial applications of gold and copper are similar. Which would suggest that if gold and copper had the same supply, the demand would be similar and thus the price would be the same. It turns out that's approximately correct— the ratio of gold and copper's prices is similar to the ratio of their supply.
- eric_cc 5y ago> waste of resources Are you able to provide data comparing the footprint of NFT's to baseball cards, Magic the Gathering cards, paintings, etc? Do you even know what you're talking about? Or just regurgitating some talking points you heard somewhere?
- ghostbrainalpha 5y agoYou can admire your digital trading cards! Just check out this program I made that cycles your NFT's as background wallpapers for your computer. github.com/NotaRealThing /s
- z3ncyberpunk 5y agoNo, it's digital money laundering