- want an unregulated market - buy a bunch of non-physical stuff - get your shit 'stolen' - call for regulation
The fact that the man who INVENTED NFT's dissowned the entire concept, going on to state it was the most horrific thing he's ever done and that he'll never truly be able to take it back or the damage he's done should be all you need to know
I have heard three great analogies for NFTs: 1. You buy your groceries and months later try to resell the receipt. The food is long gone, but you still "own" them. 2. High end fashion lines like Gucci often provide certificates of authenticity for each item they sell. NFTs are if they just sell you the certificate with no hand bag. 3. You are happily married, but anyone can bang your spouse at anytime for free without your consent. NFTs are your marriage license.
I know NFT-Bros are going to say "NO YOU'RE JUST CHERRY-PICKING THE NEGATIVE POINTS!" Well, if CynicalReviews here could throw together a video 1 hour, 10 minutes and change long, then maybe the problem is that the NFT Community has bloody way too many cherry trees!
tulips make bees happy, makes a pretty garden, is a uniek piece of nature, makes amazing pattern fields, are a symbol of love in many cultures, NFT's are a black hole of nothing
“If the diamond gets destroyed in a fire” could have used almost anything else but decided to use an object that is known for its resilience and fire resistance. Straight from the brain of someone who falls for a scam and can’t cope
As an artist who has literally been told I should try making nfts I find them beyond stupid. Artist have been getting their shit stolen for forever so for nft bros getting surprised that people are stealing and downloading their nfts is so hilarious.
NFTs didn't deserve to die, they didn't deserve to become a thing in the first place.
NFTS truly are one of the funniest and stupidest ideas ever created. The memes made about them are absolutely priceless. The fact people make them and sell them shows how much we have failed as a society.
Here’s the difference between tulips and NFTs: Tulips actually look nice, they can reproduce themselves, and can be eaten, and you get a physical thing
my problem with ntf's is that there is no finite amount. with the tulips they were a rare thing and if not taken care of would die, so the scarcity and rareness made them valuable. theres millions upon millions of ai generated nft's which in the long run makes them worthless because there is no limit to how many there can be
I'm a game dev. My dad tried MULTIPLE TIMES to get me to quit and turn all my characters into NFT's because it was a more 'lucrative business' and of course I completely refused. Then everything crashed. Who's laughing now? :)
I would like to remind everyone of this quote from Ubisoft's NFT director: "There is a lot of habits you need to go against and a lot of your ingrained mindset you have to shift. It takes time. We know that." -Nicolaus Pouard, Blockchain Initiative Director @ Ubisoft I just think that's a really neat nightmare-dystopia villain quote.
I am in full support of Cryptoland It’s the classic solution of “We should take all the crypto-bros and push them somewhere else”
Something that annoys me about NFTs or NFT fans is not just that they're selling effectively nothing (The pricing of the idea of imaginary wealth, detached from any actual business or production performance)- it's also that they've taken over the "art space". Any time you post art, they use it to promote their get rich quick schemes. It feels so icky to look and see all the engagement coming from people who have never tried to be artistic filling their pages with real art to try and make it look like they're artistic or art appreciators when they're not.
There’s a very sadistic part of me that wishes Cryptoland happened just to see how it collapsed along with the crypto and NFT markets.
my favorite analogy for NFTs: it's just the "name a star" scam except you don't even get an actual printed certificate and costs 3000x more.
55:40 My favorite part of the second Red Ape Family episode is that.... If you want your character to be in an episode, you have to pay for an NFT. But if you give them criticism, they'll put you in the series for free.
The great thing about right-click-save is how many people react to it by very angrily explaining that you don't own the image and you didn't actually rob them... because they assume that you don't understand that. They say you don't own it, but I feel like this is them realising that they might not really own anything either.
@CynicalReviews