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Joined 1 year ago
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Cake day: July 12th, 2023

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  • You’re being proven right. You will get downvoted for these statements because a majority are just not factual.

    The easiest to explain is NFTs are worthless. They have no legal validity for ownership. The largest portion of the NFT market is buying pictures, pictures which are hosted externally and can be taken down without respect to the NFT contract.

    So in the majority use-case you neither have the picture stored, nor have exclusive legal ownership. So you’re buying access to a very fancy, very energy intensive, url link.

    That’s not even getting into the politically charged arguments. The whole reason we have child labor laws, minimum wage, and OSHA requirements is because raw, unchecked capitalism was terrible for 99% of people.