Re:NFTs will force Hollywood, Harvard, Salesforce, Nintendo ...
by smt88 on Monday November 01, 2021 @03:55PM
(#29072147)
1. None of these things became possible because of NFTs. They were always possible, but no one particularly wanted to do them.
They still don't sound compelling to me, either. Why would I want to vote on the plot of a show? Who has been watching a show and thinking, "This is a dictatorship. It should be a democracy!" The dictatorship is the point.
2. The NFTs are just a way to transfer a centralized account. By themselves, they mean nothing and aren't any more decentealized. The centralization is still the vendor, who can just decide to stop honoring the NFT any time they want to -- rendering it worthless.
It's just a more secure way to trade an auth token, and no one seems particularly interested in doing that now except for scalping tickets or buying a video game profile.
They still don't sound compelling to me, either. Why would I want to vote on the plot of a show? Who has been watching a show and thinking, "This is a dictatorship. It should be a democracy!" The dictatorship is the point.
2. The NFTs are just a way to transfer a centralized account. By themselves, they mean nothing and aren't any more decentealized. The centralization is still the vendor, who can just decide to stop honoring the NFT any time they want to -- rendering it worthless.
It's just a more secure way to trade an auth token, and no one seems particularly interested in doing that now except for scalping tickets or buying a video game profile.