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There is a lot of good ideas in the space. Even NFTs are a good idea overall, when you remove the human greed part. But you're totally right, only monero have
by orwin 4y ago
There is a lot of good ideas in the space. Even NFTs are a good idea overall, when you remove the human greed part.
But you're totally right, only monero have a 'legitimate' usecase (bypass the taxation laws).
- zeroclip 4y agoAnother legitimate use case is financial privacy. There are several tools on other blockchains that achieve the same.
- hrbf 4y ago> when you remove the human greed part So they are theoretically a good idea with no practical application in the real world.
- orwin 4y agoKinda like the idea of using NFTs as tickets (for concerts or stuff like that). We recently had an issue with false tickets during a football match in France, I'm sure you can use NFTs here, with a good UI (so unlike 99% of crypto) (not necessarily on a public Blockchain tbh).
- hrbf 4y agoBut why do that? What do you gain with a process that is more involved, slower and open to many forms of attack?
- afiori 4y agoThe problem with good applications of NFTs is that we still do not know what an NFT is. In particular there are a lot of variables around reselling restrictions, profit sharing, meaningful ownership, copyright, etc.
- only_human 4y agoIf you figured out all those variables, they would have to be legally enforced by a legal authority -- meaning there wouldn't be a purpose to use an NFT as a "blockchain authority" anymore. They're fundamentally useless.
- hrbf 4y agoThat doesn’t change the fact that it has no application in the real world beyond being meaningless garbage pushed for a grift.