this post was submitted on 02 Jun 2025
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[–] [email protected] 4 points 1 week ago (1 children)

I actually would say it’s harder to say now.

It was easy at first because it was obvious.

But NFTs are still a thing… so even though it’s still a scam, it now makes you question humanity.

[–] [email protected] 22 points 1 week ago (2 children)

Pyramid schemes are still a thing too.

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[–] [email protected] 160 points 1 week ago* (last edited 1 week ago) (48 children)

The sad thing is the concept wasn’t.

Selling NFTs with no physical existence is what is pointlessly stupid.

Before they came along i considered the idea of a blockchain linked video camera where metadata of footage gets written into the chain to combat fake news and misinformation.

The goal would be to create a proof and record of original footage, to which media publishers and people who share can link towards to verify authenticity/author.

If the media later gets manipulated or reframed you would be able to verify this by comparing to the original record.

It was never a finished idea but when i first read nft i thought this is the right direction.

And then capitalism started selling apes and what the actual disgusting money possessed fuck was that.

[–] [email protected] 67 points 1 week ago (10 children)

The certificate/signature part seems okay for verification.

It's the transferable virtual deeds being sold that are the scam. I could sell you a virtual deed to the Golden Gate Bridge right now, you could buy it but it doesn't really mean anything.

[–] [email protected] 54 points 1 week ago (1 children)

Wait just a second! You have a bridge for sale? Tell me more.

[–] [email protected] 17 points 1 week ago (10 children)

Well first of all, it allows travel between point A and point B, usually above the ground

[–] [email protected] 14 points 1 week ago

I'm in! Name your price.

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[–] [email protected] 15 points 1 week ago (2 children)

This is actually a pretty decent idea considering what's coming now with AI video. I have no idea if it could be implemented, or if media even cares anymore, but I sure would appreciate it.

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[–] [email protected] 15 points 1 week ago

I remember seeing the monkeys and thinking, "heck I can draw that maybe I can make NFTs to sell to people who are sucked in by this."

[–] [email protected] 4 points 1 week ago
[–] [email protected] 22 points 1 week ago (1 children)
[–] [email protected] 42 points 1 week ago

NFT's used to be stupid.

They still are, but they used to be, too.

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