News for hackers. Stuff that matters.
Re:Why NFTs are bad: the long version by rodiger on Friday November 19, 2021 @02:24PM (#29281159)
The point isn't to not depend on anyone else for anything, instead it's to unwind some of the dependency assumptions we've built up over time.

Many in the world don't have access to a financial system. If they have internet, now they do (assuming they can find some way to onboard). Beyond that, plenty of financial tools only were accessible to the ultra-rich/institutions. Many of those are now accessible to everyone.

May be worth taking a step back to see why brilliant minds are intrigued.

Re:Why NFTs are bad: the long version by fivea on Friday November 19, 2021 @03:23PM (#29281906)
> Many in the world don't have access to a financial system. If they have internet, now they do (assuming they can find some way to onboard).

If anyone has access to the internet, they have access to banking services. I mean, there are internet banking services being offered in Burundi and Mozambique, two of the poorest countries in the world.