It is difficult for the average person to conceive of how useless NFTs are

Re:It is difficult for the average person to conceive of how... by thinkingemote on Monday January 10, 2022 @12:08PM (#29877923)

I like your comment. Basically it reads to me as "hype is real and has value".

It may not have any material objective truth or spiritual meaning but it has a perceptive effect on the world.

I appreciate the honesty but shudder a little at the implications. But I suppose it's one of the ways the world works. It's what we think has value that matters, that makes matter.

[ Parent | on HN ]

Re:It is difficult for the average person to conceive of how... by pnt12 on Monday January 10, 2022 @02:42PM (#29880732)

Well that's economy 101 - something has value if someone will pay for it. In that sense, an entry to a ponzi scheme is also valuable - many people do pay to enter ponzi schemes.

But looking at more concrete ways of value: technical merit, anesthetics, practical uses... It's falling short. So people call it for what it is - all hype, nothing else .

At least with crypto coins you can actually send it to people in a decentralized manner - that's valuable! Too bad it's slow, expensive and bad for the environment.

[ Parent | on HN ]