this post was submitted on 13 Nov 2024
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[–] magnetosphere@fedia.io 160 points 4 days ago (117 children)

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.

[–] pupbiru@aussie.zone 1 points 4 days ago (2 children)

the way people use NFTs with art are certainly absurd, but even the core technology of NFTs is actually excellent

[–] lurklurk@lemmy.world 3 points 3 days ago (1 children)

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

[–] pupbiru@aussie.zone 1 points 2 days ago

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%

[–] magnetosphere@fedia.io 0 points 4 days ago

I agree completely!

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