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Eagle367 said:
What is the point? Is there any benefit to "the blockchain" or crypto or nfts? It's not decentralized because you need big centralized storefronts to manage it, it's not a good form of currency due to rapid changes in prices, it's not a good form of digital authentication. Also it creates a problem rather than solving anything. The advantage of digital is there is no scarcity unlike with physical things but it wants to artificially create scarcity. There are other ways to transfer digital games too and gaming is not about making money, it's about having fun. NFTs get in the way of that. Everything is not a commodity. Banking and the gold industry are a necessity in the system. No need to add useless harmful junk on top of it. It is harmful if it does the things it promises and it is harmful in its real world effects. It's a solution looking for a problem and creating a lot of problems in return. |
You don't need a storefront to manage it. Transactions are logged into the blockchain a peer to peer network that's decentralized by nature. It's still in its "infancy" The belief is that as it becomes more widely accepted we're not gonna see volatile changes. It's a great form of digital authentication because every transaction is logged int he blockchain. I wasn't saying get rid of banking and gold I was just pointing out that these industries are more flawed than the Crypto ones since people were talking about environmental concerns.
