n10c

Honestly, I don’t see the point of VPNs. They seem almost exclusively useful for criminals. I wouldn’t mind if they were outright banned.

I always tell people to just use WireGuard instead, it’s better and more straightforward.

Check back at this comment in 3 years.

> Late last year, at the peak of the non-fungible token (NFT) craze, I purchased about a dozen highest-rated NFT books on Amazon. I did this because I wanted to publish a balanced critique of NFTs; I figured the most honest approach would to get familiar with the best-articulated arguments put forward by the proponents of this tech.

Its quite clear from the first few lines of the article that the author did not intend to debunk some silly claims but to respond to the best ones. Using a definition of scarcity that does not reference demand to write off NFT's entirely shows that the author has no idea what hes talking about.

> If you want to take the metaphor further, there is really no barrier to entry for starting a cryptocurrency and supply of cryptocurrencies in general far outstrip demand. So it is very similar to a kids doodle.

Yes, but people don't want just any cryptocurrency. They want Bitcoin, ethereum, etc whos demand is greater then the supply. So no its actually similar to a kids doodle.

No its not. Scarcity in economics refers to when the demand for a resource is greater than the supply of that resource. The kids doodles aren't scarce because there is little demand for them. On the other hand there is demand for NFT's (whether you think there should be or not). The comparison doesn't make any sense and just makes the author look dumb.

How so? The author only mentions one of the books being bad.

> I soon discovered that all the books leaned on the same central argument: value is an inherent consequence of scarcity. My rebuttal to that was simple: it’s an exception, not a rule. My kids’ doodles are scarce, but in a gallery, they wouldn’t fetch much. Alas, while this made for a solid Twitter quip, it wasn’t enough for an in-depth post.

Scarcity in economics refers to when the demand for a resource is greater than the supply of that resource. Your kids doodles aren't scarce because there is no demand for them.

How did the author read 11 books on NFT's and not know this lol? The books must have been all very bad or the article author just skimmed thru them.

Interesting article other than that tho.