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“Crypto evangelists” are right. The problem isn’t with the blockchain layer (eg the Operating System). It retains the promises you espouse. The problem is with
by thephyber 5y ago
“Crypto evangelists” are right. The problem isn’t with the blockchain layer (eg the Operating System). It retains the promises you espouse.
The problem is with an NFT (an application) minted with bad assumptions. If a buyer fails to understand what the NFT is, that’s not a shortcoming of blockchain enthusiasts.
I’m not an NFT investor (I don’t think an NFT of a JPG/MP3/MP4 has any intrinsic value), but your complaint applies to any investor in any asset. Caveat emptor. A buyer needs to learn what they are buying before they can put an accurate value on their offer, so they are responsible for their purchase.