NFTs

Out of context: Reply #345

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  • colin_s3

    The big difference I find between Bitcoin and NFTs is ideological. Proponents of BTC, for better or worse, are all about forward-thinking. Decentralizing currency in the face of globalized capitalism is practically a digital era survival instinct.

    The big irony about NFTs is they are more market-based in their essential concept than anything else, providing the concept of ownership above any other function. That's practically antithetical to the base idea of art as it serves in its social function.

    I think with all of this technology, we're basically apes using rocks to smash things open. At some point, these ideas will be refined into hammers, but for now it's all a blunt instrument, and we're just hitting random shit to see what happens. The monetary stuff I understand, but NFTs seem relatively foolish in the scope of concepts for human creative development.

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    • never put something on the market which is not well refined ....neverscared
    • ...unless it's first press olive oil.Nairn
    • The thing about NFTs is, they're a single use case for the block chain. Ultimately, an NFT is a smart contract. A smart contract can be used for any type ofmandomafioso
    • public record. Cardano is working with the Ethiopian government for school registration. But they could be used for anything from voting to real property deeds.mandomafioso
    • @mando yeah i get that it's interesting tech, thus the 'rock' metaphor- i just don't think it's appropriate as an idea as some savior of art for the digital agecolin_s
    • It's more of an outlet for interactive and digital-based art. I can own a canvas but what if I want to own a sick ass 3d generative piece? NFTs ftwmandomafioso
    • u dont own the piece... only a token with zero owning value value .. u can also buy sick ass 3d generative piece like the industry did before crypto.. itsneverscared
    • slower, but better.neverscared
    • NFTs are a symbolic gesture, like farting on a cat. Immediately satisfying, but ultimately pointless and entirely ephemeral and gestural.Nairn
    • very true, the token idea is funny for an atom second, but degrades into useless and then to toxic waste...neverscared
    • when u include the operating system its running on.neverscared
    • The difference between them is that they aren’t remotely comparable. Bitcoin is a commodity traded on exchange. NFTs aren’t that. They aren’t even a thing.monospaced
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