Comment on Hackers steal NFTs worth millions. In other news, NFTs worth millions.

<- View Parent
Tar_alcaran@sh.itjust.works ⁨6⁩ ⁨months⁩ ago

No offense, but this is literally the problem with almost everyone who says they have a perfect usecase for NFTs. I also don’t know everything about everything either, but I know do know that we don’t tend to make existing systems complex just for fun.

Every time someone wants to fix something with NFTs, they’re either slapping an NFT on top of the existing system, making it more complicated, OR they want to start a new solution from the ground up, throwing out decades or centuries of experience and edge-case solutions to replace them with nothing, leading to major problems.

This post is about the second thing happening, your example is the first.

NFTs are a solution looking for a problem. But all the problems have already been solved without NFTs.

source
Sort:hotnewtop