Re:The Disappointing Tea.xyz
by charcircuit on Wednesday February 28, 2024 @02:50PM
(#39542658)
None of those are true when someone is selling physical products either. Cryptography at least gives us a chance to verify someone's claims.
It gives you a distraction from the real work they described. You still need to do all of that work, so at best the blockchain is redundant.
Indeed they are not true, but physical selling typically doesn't pretend it is.
> Cryptography at least gives us a chance to verify someone's claims.
Has it a better track record at doing so that e.g. a notary?
The important questions for you remain unanswered:
- Do I actually have the rights to sell you the thing I try to sell you?
- What do I actually sell you?
- Am I who I claim I am?
- etc.
NFTs are not answering any of these questions, they are the equivalent of an elaborate signature on the contract of the guy trying to sell you a bridge.