this post was submitted on 05 Oct 2024
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NFTs are kinda dead
No, they really aren't. What died down was scam artists selling jpegs for ridiculous money. Unfortunately. 99.999% of the human population thinks that NFTs are literally just jpegs thanks to the scam bros and retards that bought them. Real functional NFTs are definitely still being used.
Can you name a good use case for NFTs?
Maybe to transfer ownership of software, but other than that…. 🤷♂️
Tax fraud/evasion was the main use case of NFTs that I saw but that's exclusive to the world of high art and private collections -- the actual NFTs, like bespoke paintings from famous painters.
So you know; even when not designed as a scam from the onset, it's about scamming money from others anyway.
So you named one already. Anyhow, no, I fucking hate that ancient Internet game where people try to force you to do their work for them. Go to Google and type in the information you seek.
It’s called a conversation dude. If ou don’t want to back up your point, just say so.
I'm not going to, correct. And no, this is not a conversation. This is a timeless bullshit scenario where you just keep making me bring source after source for new goalposts. I've no interest. It's not like I have any stake in the NFT game, but it's clearly not "dead".
The internet tells me that NFTs are "decentralized" decoration around centralized ownership. A worthless scam.
"Transferring ownership" of a collection of information which costs no money or labor to infinitely reproduce is the opposite of a good use case, it's inherently worthless
And? Where did I say they were the greatest most useful things ever? I said they weren't dead and that jpegs aren't their only use case.