4 ms·

But do NFTs actually have properties that solve any of these alleged problems? > school library reserved room token Like, reserving a room at a library... is

But do NFTs actually have properties that solve any of these alleged problems? > school library reserved room token Like, reserving a room at a library... is this really a problem for which the best solution is writing immutable code to a blockchain and exchanging tokens on a centralized platform that incurs tons of money in gas fees? Is that truly better than... a volunteer employee at the front desk trading you a conference room key for your driver's license? I feel like if this is the end all be all example of the power of NFTs, it's a clear admission that the tech is kinda worthless? What am I missing?

aaaaaaaaata 5y ago
You're missing that the chain is already essentially ubiquitous for those that this is an important topic to, to the point where large institutions are betting millions and billions on being a layer-2 player on it. & if Ethereum isn't the "winner" at the "end", it'll be an Ethereum Virtual Machine compatible implementation.
- newdeveloper1 5y ago
  So your point isn't that it's a good solution to any problem, but that it's ubiquitous. Unfortunately, I think you're right. Hopefully we solve that library-conference-room problem soon!
  - antifa 5y ago
    Ubiquitous to people who want to force people into getting grifted.
    - aaaaaaaaata 5y ago
      How much does swiping your MasterCard or Visa add to the cost of your daily purchases, on average, would you guess without looking it up?
      - antifa 5y ago
        Somewhere between 0 and 3%, but that doesn't account for the added value of my life savings not being wiped away if I accidentally misplace my credit card or it gets cloned.
  - aaaaaaaaata 5y ago
    My point is that, like the "networking system that interoperates between all devices in the world", Ethereum is the next "agreed upon" frontier that can enable all of these things, already is, and that you may be lacking imagination as to what it could offer us to have that consensus. A global, public, decentralized enough (not controlled by one nation-state or group, for better or for worse) settlement layer. Why are MasterCard and Visa looking to settle on it if it's just me looking to solve the library room thing, like an egg looking for its chicken?

aaaaaaaaata 5y ago

You're missing that the chain is already essentially ubiquitous for those that this is an important topic to, to the point where large institutions are betting millions and billions on being a layer-2 player on it. & if Ethereum isn't the "winner" at the "end", it'll be an Ethereum Virtual Machine compatible implementation.

newdeveloper1 5y ago
So your point isn't that it's a good solution to any problem, but that it's ubiquitous. Unfortunately, I think you're right. Hopefully we solve that library-conference-room problem soon!
- antifa 5y ago
  Ubiquitous to people who want to force people into getting grifted.
  - aaaaaaaaata 5y ago
    How much does swiping your MasterCard or Visa add to the cost of your daily purchases, on average, would you guess without looking it up?
    - antifa 5y ago
      Somewhere between 0 and 3%, but that doesn't account for the added value of my life savings not being wiped away if I accidentally misplace my credit card or it gets cloned.
- aaaaaaaaata 5y ago
  My point is that, like the "networking system that interoperates between all devices in the world", Ethereum is the next "agreed upon" frontier that can enable all of these things, already is, and that you may be lacking imagination as to what it could offer us to have that consensus. A global, public, decentralized enough (not controlled by one nation-state or group, for better or for worse) settlement layer. Why are MasterCard and Visa looking to settle on it if it's just me looking to solve the library room thing, like an egg looking for its chicken?