4 ms·
Most rational people argue that NFTs are a bubble/mania. Your argument that it's not because people are throwing wild amounts of money at them does nothing to c
by mdoms 5y ago
Most rational people argue that NFTs are a bubble/mania. Your argument that it's not because people are throwing wild amounts of money at them does nothing to convince us otherwise.
- chrisco255 5y agoThat's a loaded opinion. A lot of people said the same about Bitcoin, the internet, social media, electric cars, and mobile apps. My argument is that the system works just fine as a plausibly neutral ledger of account and for establishing provenance of ownership through reputation and convention. And in fact I very much prefer it to the legions of corporate lawyers enforcing man-made copyright laws and enriching monopolistic centrally distributed platforms such as app stores. I consider it much more sustainable, universal, accessible, and respectful of human rights and expression than the current systems in place.