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Paul Graham on NFTs

13 points by jonathan-adly 5y ago

mdrzn 5y ago
Just like cryptos, the idea is good, the use we're doing so far is bogus.
AsyncBanana 5y ago
True, although people need to make green NFTs more mainstream if they want NFTs to be more supported.
- emptybottle 5y ago
  They are often referred to as clean NFTs and there are a few marketplaces today, for instance on Tezos there is https://hicetnunc.art/ https://hicetnunc.art/
version_five 5y ago
NFTs can be used for so many different things that you're inviting history to make a fool of you if you dismiss them. Even if I were sure that most current uses of NFTs were bogus, I'd never dare to say that all possible uses were. You can say that about anything, it begs the question of what to prioritize.
- dzhiurgis 5y ago
  > You can say that about anything Can you really say the same about the metaverse or bubble wrap toys and fidget spinners?
- MattGaiser 5y ago
  The more important question is really what they do better than existing solutions. There are numerous use cases for segways. Virtually none of them beat just regular walking.
  - dzhiurgis 5y ago
    Segway got destroyed by $200 scooters, but it took like 2 decades or so
rvz 5y ago
> NFTs can be used for so many different things that you're inviting history to make a fool of you if you dismiss them. [0] Yes. One of those uses is domain names on the blockchain, which that is the only valid use-case for NFTs, just like ENS. > Even if I were sure that most current uses of NFTs were bogus, I'd never dare to say that all possible uses were. The most important word in this sentence is 'current'. Currently, 90% of these NFTs projects are useless JPEGs, but 10% of these NFT projects have a use-case and ENS is probably part of that 10%. [0] https://ens.domains https://ens.domains
MattGaiser 5y ago
When people speak of them dismissively, is it really the tech that they are dismissing or the investment value of various NFT art/cards?
_xnmw 5y ago
This is a truism, a platitude that can be said about anything. Can even be used to argue the opposite - history could make a fool of PG's tweet. I'd like to hear technical or social arguments for what makes this "thing" called NFTs useful or special, not "just wait and see" arguments. Almost lost my decade long respect for PG in a single tweet.
aNoob7000 5y ago
Maybe I'm getting old and cranky, but I feel like I'm getting the hard sell with NFTs, cryptocoins,and the metaverse. I wish we could go a month without hearing about the wonderful revolution these technologies are going to bring us.
pictur 5y ago
nowadays every crappy technology is always defended with this argument. I'm sorry, but one should not stop calling shitty things shit.
_xnmw 5y ago
It is just as foolish NOT to dismiss ideas that can waste your time.
codeptualize 5y ago
Imo besides the point. I think for most it's not about the tech but the overhyped bubble ponzi sauce that's poured on top of that interesting tech. I would love to see more useful applications, but so far it has been sparse.
YaBomm 5y ago
If at least NFTs gave you copyright...
coldtea 5y ago
>NFTs can be used for so many different things that you're inviting history to make a fool of you if you dismiss them. Even if I were sure that most current uses of NFTs were bogus, I'd never dare to say that all possible uses were. Doesn't matter, can we condemn all current uses and be done with them? Then we can applaud those future legit uses once they arrive...

Paul Graham on NFTs

13 points by jonathan-adly 5y ago

mdrzn 5y ago

Just like cryptos, the idea is good, the use we're doing so far is bogus.

AsyncBanana 5y ago

True, although people need to make green NFTs more mainstream if they want NFTs to be more supported.

emptybottle 5y ago
They are often referred to as clean NFTs and there are a few marketplaces today, for instance on Tezos there is https://hicetnunc.art/ https://hicetnunc.art/

version_five 5y ago

NFTs can be used for so many different things that you're inviting history to make a fool of you if you dismiss them. Even if I were sure that most current uses of NFTs were bogus, I'd never dare to say that all possible uses were. You can say that about anything, it begs the question of what to prioritize.

dzhiurgis 5y ago
> You can say that about anything Can you really say the same about the metaverse or bubble wrap toys and fidget spinners?
MattGaiser 5y ago
The more important question is really what they do better than existing solutions. There are numerous use cases for segways. Virtually none of them beat just regular walking.
- dzhiurgis 5y ago
  Segway got destroyed by $200 scooters, but it took like 2 decades or so

rvz 5y ago

> NFTs can be used for so many different things that you're inviting history to make a fool of you if you dismiss them. [0] Yes. One of those uses is domain names on the blockchain, which that is the only valid use-case for NFTs, just like ENS. > Even if I were sure that most current uses of NFTs were bogus, I'd never dare to say that all possible uses were. The most important word in this sentence is 'current'. Currently, 90% of these NFTs projects are useless JPEGs, but 10% of these NFT projects have a use-case and ENS is probably part of that 10%. [0] https://ens.domains https://ens.domains

MattGaiser 5y ago

When people speak of them dismissively, is it really the tech that they are dismissing or the investment value of various NFT art/cards?

_xnmw 5y ago

This is a truism, a platitude that can be said about anything. Can even be used to argue the opposite - history could make a fool of PG's tweet. I'd like to hear technical or social arguments for what makes this "thing" called NFTs useful or special, not "just wait and see" arguments. Almost lost my decade long respect for PG in a single tweet.

aNoob7000 5y ago

Maybe I'm getting old and cranky, but I feel like I'm getting the hard sell with NFTs, cryptocoins,and the metaverse. I wish we could go a month without hearing about the wonderful revolution these technologies are going to bring us.

pictur 5y ago

nowadays every crappy technology is always defended with this argument. I'm sorry, but one should not stop calling shitty things shit.

_xnmw 5y ago

It is just as foolish NOT to dismiss ideas that can waste your time.

codeptualize 5y ago

Imo besides the point. I think for most it's not about the tech but the overhyped bubble ponzi sauce that's poured on top of that interesting tech. I would love to see more useful applications, but so far it has been sparse.

YaBomm 5y ago

If at least NFTs gave you copyright...

coldtea 5y ago

>NFTs can be used for so many different things that you're inviting history to make a fool of you if you dismiss them. Even if I were sure that most current uses of NFTs were bogus, I'd never dare to say that all possible uses were. Doesn't matter, can we condemn all current uses and be done with them? Then we can applaud those future legit uses once they arrive...