Re:Steam bans all blockchain and NFT games on its platform
by chinathrow on Friday October 15, 2021 @03:28PM
(#28882037)
> The existence of your stock ownership depends on a legal and social framework to exist.
That's true for most things we own these days, and it works quite well.
Re:Steam bans all blockchain and NFT games on its platform
by coralreef on Friday October 15, 2021 @03:54PM
(#28882348)
It does, and it will always be needed for the physical world.
Re:Steam bans all blockchain and NFT games on its platform
by antifa on Friday October 15, 2021 @06:43PM
(#28883995)
> There are many things we "own" and cannot touch, yet they are as real as anything.
That's a great metaphor, but the issue is that NFTs are an order of magnitude more fake than stocks, money, etc.
The existence of your stock ownership depends on a legal and social framework to exist. If the government was overthrown and you were exiled tomorrow, you have nothing. If an asteroid destroyed half the earth tomorrow, and you survived, you still have nothing.
You take for granted the systems in which you live and function in. There are many things we "own" and cannot touch, yet they are as real as anything. The money in your bank account is an example of that. It has value, you own it, but if we are stranded on a deserted island with no electricity or wifi, it ceases to exist to us.