And what about when ETH2 goes live in some months and the main NFT chain moves to proof-of-stake? The “planet-killing” problem is already solved, that tech is going live this year. Seems like a fairly fragile criticism.
And what about when ETH2 goes live in some months and the main NFT chain moves to proof-of-stake? The “planet-killing” problem is already solved, that tech is going live this year. Seems like a fairly fragile criticism.
It's not, at all. I've heard that phrasing or similar (that it's a pyramid scheme, that cryptocurrencies are wasteful) from people who don't even know how to find HN.
In the photography world in particular, mentioning your NFT is likely to get you laughed out of any forum in which you bring it up.
IMO if you encounter any non-technical artist "excited" about NFTs, tell them to stay the hell away, or risk being seen a bad friend. I tell people I will not help them, that I am very happily uninterested, and urge them not to do it at all.
It would be irresponsible not to.
Fuck that, despite me being incredibly skeptical of NFTs I’m perfectly willing to acknowledge the fact that some of my non-technical artist friends have earned 6-7 figure amounts selling NFTs.
If an artist friend of mine sells an NFT I am going to struggle with continuing to see them as a friend, because it's morally bankrupt.
If a non-technical artist comes to you and asks for help selling an entirely phantom product to their presumably only-averagely-technically-aware fans, why would you get involved?
Anything that introduces non-technical users to crypto -- which is really the main function of NFT exchanges at this point -- is a moral hazard.
This is why I am so shocked to see Stripe involved with it.
It’s not like NFTs brought them a whole new audience, it’s just that their existing audience wanted NFTs.
You might think NFTs are worthless, but the exact same argument goes for easily reproduced physical works of art.