Hacker News Reader

I’m honestly surprised that hysterics about NFTs have dragged on so long. People must be super bored to give a fuck about this or become upset. People just want to trade proof of ownership, as defined in their own sense. They aren’t really bothering anyone or causing any havoc. Why are people so bloody crazy about it? Just ignore it for fucks sake.

View on HN

Because: Climate. Change. Is. A. Thing.

In a world where we are (or should be) in a desperate race to decarbonise the essential industries that make 1st world standards of living possible (steel, concrete, travel, electricity), you're merrily burning a road-trip's worth of energy every time you want to trade a digital beanie baby.

I would agree...except that mining operations are literally keeping carbon-emitting power plants online and even bringing already-shutdown plants back online to power mining. NFTs by and large still depend on these energy-inefficient mining operations despite years of promises that "proof of stake" and whatnot would solve that problem in general. Then there are the NFT scams that serve only to discredit the entire blockchain ecosystem, and the fact that NFT proponents have been going around promoting both scams and misinformation. So it is not too hard to see why people are taking the time to weigh in on it...

Reply on news.ycombinator.com