this post was submitted on 14 Jan 2024
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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How are NFTs relevant?
they aren't, except perhaps as a counterexample of some dubious sort
They were supposedly anchors to claim ownership of things in the real world.
CC BY-NC-SA 4.0
They're fancy receipts, and if people thought of them as just that it might be a technology with some limited non-monetary uses. But, the crypto grift was too strong.
Marking all your comments CC BY-NC-SA is a good bit.
The point of NFTs (beyond the pyramid scheme) was to enforce artificial digital scarcity at the individual level
They sold snake oil nothing else.