2 ms·
Ahh the mad quest to increase value by making everything as proprietary, winner-takes-all, plutocratic as possible. Yes let's make a new class of assets so rare
by rektide 5y ago
Ahh the mad quest to increase value by making everything as proprietary, winner-takes-all, plutocratic as possible. Yes let's make a new class of assets so rare that only the first comers, first adopters get to participate.
There's some probably valid uses. But what a corrupt, fallen, AND YET COMPLETEPY EXPECTABLE proposal from the new technofinancier class. Taking the infinte, free open bits of the world & forming the most exclusive possible systems out of them. What a sad industry, trying to turn sand into gold, for such imaginary, fake value. The contribution to net worth of the planet here feels vanishingly small.
- dane-pgp 5y agoI appreciate the analysis, but that's not the message I took from the post. By making property that is unique to one person, that property cannot be sold, and is, in a sense, valueless. You're probably right, though, that the main use case for this will end up being companies selling access to ultra-exclusive events with "bragging rights" NFTs associated with them. However, the technology could also enable something much more humble, like a shell from a beach taken as a souvenir from a holiday, or something as personal as just a memory.