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Forums - Gaming Discussion - NFTs are a force for good!?!

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Eagle367 on 31 January 2022
IcaroRibeiro said:
SvennoJ said:

The problem with all those alternatives (proof of stake) is that it defeats the original purpose of crypto currency

https://www.cryptoeq.io/corereports/tezos-abridged

It basically puts the power into the hands of the wealthiest corporations, those that can afford to stake millions or billions even.

Solano has more holes:

Solana is not decentralized enough: Some crypto enthusiasts believe that there might not be too many disadvantages of investing in SOL, but this feature of the crypto is particularly considered as its biggest con


You can't have it both ways. Either centralized/governed and efficient or decentralized and secure yet harming the environment in the process.

So why not just stick with what we have.

Adding that. Proof of state Blockchain could be used to official nationwide networks, used by government for official purposes. As in PoS networks all "coins" are already mined/forged and the owners of coins only confirm their transactions. One usage for this: voting 

You build a blockchain network and forge a coin to each voter. Each person got their own coin and spend that with a vote. It's safe and cannot be hacked, everyone can easily vote from their mobile phones or PCs instead of using paper. Environment damage is severely reduced and won't have evil corporations managing the network... well unless the government is corrupt 

Of course I'm just brainstorming. An official application would need a more sofisticated system to prevent frauds 

Oh God no please don't drag voting into this.



Just a guy who doesn't want to be bored. Also

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SvennoJ on 31 January 2022
Eagle367 said:

https://youtu.be/YQ_xWvX1n9g

Everyone should watch this

Was just about to post this.

It's a long video but well worth your time. Very detailed, very good explanation starting from what caused the 2008 market crash to now.



jason1637 on 31 January 2022
Eagle367 said:
jason1637 said:

Yeah I said the banking and gold industry. Include banking into that and physical currency is way more harmful than digital currency.

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.



SvennoJ on 31 January 2022
jason1637 said:
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.

The volatile changes is what makes it interesting to scammers, err I mean investors. As soon as one stabilizes the next crypto currency pops up hoping to make a quick buck at the top of the next pyramid.



Eagle367 on 31 January 2022
jason1637 said:
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.

What does it do that can't be done otherwise? The only thing it seems good for is for criminals because it can't be tracked.



Just a guy who doesn't want to be bored. Also

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jason1637 on 31 January 2022
Eagle367 said:
jason1637 said:

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.

What does it do that can't be done otherwise? The only thing it seems good for is for criminals because it can't be tracked.

Criminals have existed far before crypto and it’s mis information that crypto can’t be tracked. You can track every transactions to its wallet ID and law enforcement can you this info to find people.



Leynos on 31 January 2022

The point of satire is it's not supposed to become reality.

So why is this video no longer satire?



Bite my shiny metal cockpit!

SvennoJ on 31 January 2022
jason1637 said:
Eagle367 said:

What does it do that can't be done otherwise? The only thing it seems good for is for criminals because it can't be tracked.

Criminals have existed far before crypto and it’s mis information that crypto can’t be tracked. You can track every transactions to its wallet ID and law enforcement can you this info to find people.


Watch this, nothing else needs to be said, just watch it. Best 2 hours you'll ever spend.


The fact that everything can be tracked is addressed as well, as a big negative. It's how scammers find marks for example.

Sorry you fell for NFTs and crypto currencies, get out while you can. It's much worse than I thought it was. Web3 no thanks. Or rather please no, it would be an absolute nightmare if web3 catches on. That video literally has me tearing up that this crap has been allowed to go on for this long already.

It's extremely well reasoned, very technical, but very clear and addresses everything around crypto and nfts. Debunking all fancy claims, where they come from and who is pushing all this nonsense.



Kakadu18 on 31 January 2022

^ That video was a great watch and quite frankly I didn't know anything could make me hate NFTs even more. But here we are.



hinch on 31 January 2022

Here's another NFT's video made by an actual video game developer. Its quite easy to digest and he explains why it doesn't really work in the way people think it would/could in games. There's no incentive for publishers/devs internal and external to support content through different titles. NFT's are quite simply a scam, to get people to invest on promise.. and should it take off can and will cause irrevocable damage to the video games industry.

TLDW - Its just a business model designed to extract as much money from whales possible. All while exploiting users.

Last edited by hinch - on 31 January 2022