Apple Blocks Coinbase wallet, for not giving them a 30% cut of exchange fees

Re:Apple Blocks Coinbase wallet, for not giving them a 30% c... by Fnoord on Thursday December 01, 2022 @04:59PM (#33823516)

There's a different reason Apple should block the feature: NFTs are a scam. I have zero interest in falling for scams, I want walled gardens to protect me from them. Unfortunately they did not use this reason.

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Re:Apple Blocks Coinbase wallet, for not giving them a 30% c... by bloppe on Thursday December 01, 2022 @05:33PM (#33823926)

I'm always fascinated by opinions like this.

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Re:Apple Blocks Coinbase wallet, for not giving them a 30% c... by rybosworld on Thursday December 01, 2022 @05:56PM (#33824183)

NFT's are no more a scam than any digital goods.

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Re:Apple Blocks Coinbase wallet, for not giving them a 30% c... by Fnoord on Friday December 02, 2022 @02:46AM (#33827946)

Yes, NFT proponents and those invested in the swindle try to imply such. They try to imply NFTs are worth anything outside their ecosystem. They try to imply this by relying on blockchain technology while in reality its centralized and there is no consensus on the intellectual property because the authority isn't verified. Its as if you run a digital notary which would rely on law to be enforced, but the law would only work within the notary vicinity. If I own the copy of the artwork (say a digital equivalent of a Picasso) because I made it or bought the rights from the owner then I will have that copy even when all NFTs are purged off the earth. And copyright law is recognized nearly worthwide while a NFT blockchain... is not.

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Re:Apple Blocks Coinbase wallet, for not giving them a 30% c... by tigrezno on Friday December 02, 2022 @08:07AM (#33829964)

Be serious. You are refering to "Art NFTs". Yes, those are scams. But they are not all about art.

Tickets as NFTs are an absolutely valid use for example, and many others.

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