this post was submitted on 13 Nov 2024
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I’ve read that blockchain itself is a good technology. NFTs are a laughably absurd attempt to exploit that technology for profit.
Xitter op needs to shut up.
the way people use NFTs with art are certainly absurd, but even the core technology of NFTs is actually excellent
We're quite a few years into "the blockchain will revolutionise the world" now and we still don't really have anything but bitcoin and scams
blockchain as a core technology isn’t user-friendly… it should be hidden, and you’ll never know when it’s doing interesting things. it was never going to revolutionise the world, but that doesn’t invalidate its usefulness in niche situations
… it shouldn’t be used for 95% of the garbage people have built with it - and for NFTs that’s more like 99%