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A comment on Why NFTs are bad: the long version. Parent comment

Re:Why NFTs are bad: the long version by acdha on Friday November 19, 2021 @03:06PM (#29281664)
… and if you live an abusive or failed state, the blockchain encryption just means that the kidnappers will start running XKCD 538 on you or your family until you give them your password. This is not a problem with a technical solution.

Consider also the scale: what percentage of cryptocurrency users live in regimes like that versus the percentage who have functioning courts but are one exploit/phish away from irrecoverably losing all of their cryptocurrency?

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Re:Why NFTs are bad: the long version by fsflover on Friday November 19, 2021 @03:14PM (#29281772)
> … and if you live an abusive or failed state, the blockchain encryption just means that the kidnappers will start running XKCD 538 on you or your family

You assume that from the blockchain kidnappers can find out who I am. I don't think they can, unless I exchange crypto with them.

>Consider also the scale: what percentage of cryptocurrency users live in regimes like that versus the percentage who have functioning courts but are one exploit/phish away from irrecoverably losing all of their cryptocurrency?

People always make mistakes. Do you suggest to prohibit every possible action which might lead to bad consequences? Do you suggest to damage people in need in order to save those living with good conditions?

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Re:Why NFTs are bad: the long version by acdha on Friday November 19, 2021 @03:46PM (#29282223)
They can tell you have money by your activity. If they grab your devices, they know you have the apps. If you do anything on a public blockchain like win a bid for an NFT, that’s also a clue.

Sure, if you live like a monk and never talk about it, you can probably avoid attention but there are plenty of people who thought they could do that successfully up until they didn’t. Again, it’s not a problem with a technical fix.

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Re:Why NFTs are bad: the long version by JoachimS on Monday November 22, 2021 @07:35AM (#29305679)
Not kidnappers. Officers from the oppressive regime. Unfortunately we have examples of regimes demanding access to personal devices - including forced installation of applications, rooting phones and installing backdoors.
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