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submitted 1 year ago by qaz@lemmy.world to c/memes@lemmy.ml
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[-] msage@programming.dev 9 points 1 year ago

I dislike this take to much.

First of all, crypto doesn't protect you from scams, just look around you.

If you get 'one true crypto', you get locked in by its architecture, and there's always someone who controls said architecture. The chain is decentralized, but the core is not.

Also, tickets are controlled almost exclusively by a central authority, which owns the venues, so there is no way in hell they will let you keep a ledger of every purchase of every ticket. It's better for them to keep it concealed.

There is so much bullshit in the crypto hype, it's almost funny.

If you want to put crypto anywhere, do the stock market first, and then get back to me.

[-] Somerefriedbeans@lemmy.ca 2 points 1 year ago

I never claimed made a claim that it protected you from scams. I said it can't be counterfeited.

I really don't want a "one true crypto". I think different blockchains can serve different purposes.

And as far as ticketing goes, yes the centralized authority (let's say Disney for example) would set a max amount of tickets (nfts) to be sold/minted and they would be distributed to wallets as they are sold. Nobody else would have a way to alter or counterfeit fake tickets.

I can totally understand all the hate for crypto though. I mean.. I'm a gamer and bought my graphics card during the peak of crypto mining. Was I happy? Hell no. I had a deep hate for crypto at the time... But I decided to dig deeper into what the rage was about. Using actual crypto wallets and interacting with Dapps was quite eye opening to what the future web could be like.

But I'm also with you that crypto needs some form of regulation, but imo crypto and stocks are not the same. If anything NFTs would be more like stocks/shares.

One of the biggest hurdles, like you've mentioned, is that a good portion of the space is full of ponzis/scams. But there are a handful out there who truly care and are trying to pave the way and build up a new way to interact with others. I assure you there's more to it than just scams and jpeg trading. It can be pretty neat when you see what's possible.

Sorry to take up so much of your time with my second ramble but you raised some good points. Cheers

[-] msage@programming.dev 2 points 1 year ago

You need to teach people how to verify that their purchase for not counterfeited. Since the bar is not techological, and never will be.

We had way back when a 'web of trust', that actually solved a lot more problems than crypto ever did. But people never understood it, so it never got mainstream adoption.

If you don't know a thing about stock market then it makes sense you could suggest NFTs for it, but you can actually divide shares into fractions.

[-] Somerefriedbeans@lemmy.ca 1 points 1 year ago* (last edited 1 year ago)

I merely use nfts as an example because they are closer to what a stock would be than a coin itself. They are not the same though. I was not making that claim.

[-] msage@programming.dev 1 points 1 year ago

A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain, and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided.

So just... no.

You mentioned elsewhere that people attack you instead of approaching you in a discussion.

And it's very hard when you seem to misunderstand very basic facts. Which is why people might not be interested in what you might have to say.

[-] NecroSocial@lemmy.world 1 points 1 year ago

Just wanted to mention fractionalized NFTs are a thing. That "can't be subdivided" part doesn't hold for all types.

[-] msage@programming.dev 1 points 1 year ago

Then why..... you know what, doesn't matter.

It's definitely not an NFT then. Let's just leave it at that.

[-] Somerefriedbeans@lemmy.ca 0 points 1 year ago

Nice way to avoid the argument ๐Ÿ˜‚

[-] msage@programming.dev 2 points 1 year ago

Do I have to post the non-fungible part again?

It's not an argument, it's people pushing random bullshit onto clueless consumers who lap it up.

It's been this way since always. Even tech-literate people fall into traps propagated by the 'current hype' scammers. Even in software development people keep rediscovering the same solutions over and over again, repackaged like 'Wow look at this super cool new thing'.

Most problems today aren't technical. Technology will not be able to solve them, and many problems will be made much worse with new technologies because of how this society is set up.

So crypto (and all its ilk) will not in any way change the world. It will only keep it as it was set up.

[-] Somerefriedbeans@lemmy.ca 0 points 1 year ago

Would have been much easier just got say you don't truly understand the benefits of blockchain. Could've saved yourself a lot of time.

[-] msage@programming.dev 1 points 1 year ago

If you have nothing but deflection, don't accuse others of not discussing with you properly.

[-] Somerefriedbeans@lemmy.ca 0 points 1 year ago

Nah I just have completely lost interest in this conversation. You have convinced yourself that crypto sucks. I can't change your mind. Go do something productive with your day.

[-] msage@programming.dev 1 points 1 year ago

I do a lot of productive things in a day, thank you.

You never really said anything, so I'm not mourning your departure.

[-] Somerefriedbeans@lemmy.ca 1 points 1 year ago

very proud of you ๐Ÿ‘

[-] Somerefriedbeans@lemmy.ca -1 points 1 year ago* (last edited 1 year ago)

You've said nothing that dismisses anything I've said. I'm fully aware of what an nft is. Nft mints are used to fund projects in order to build whatever it is they are proposing. It's not that complicated

And you obviously came here to fight, not discuss shit, so fuck off

[-] msage@programming.dev 2 points 1 year ago

I did, and you pretending I didn't is even less discussion-worthy.

So have a good day, and I wish you all the best.

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this post was submitted on 20 Aug 2023
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