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Re:Cryptoland [video] by bryananderson on Sunday January 09, 2022 @07:41PM (#29869148)
Were we ever so different? Perhaps what has changed is not our nature, but the affordances present in our environment. For all our billions of years of evolutionary history until just about last Tuesday, there has never existed a global market with virtually zero cost of creating “goods” to sell. Now, with digital “assets”, there is.

The ratio of perceived benefit (make money from selling shitty NFTs or shitty beats) to cost (essentially zero cost to mint a shitty NFT or create a shitty beat) is infinite, NaN, divide-by-zero. Of course this results in near-infinite supply and thus most people don’t make any money. But the zero-ish cost means the flow of supply doesn’t stop.

Re:Cryptoland [video] by NotSammyHagar on Monday January 10, 2022 @02:14AM (#29871549)
The cost isn't zero though, the environmental cost is huge for NFTs in general, just like the billions made on bitcoin are on the back of that.
Re:Cryptoland [video] by bryananderson on Saturday January 15, 2022 @02:28PM (#29949373)
That’s right, but the cost is externalized to the planet at large. The person creating the NFT does not bear the cost directly.