476
The vast majority of NFTs are now worthless, new report shows
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 Sep 2023
476 points (95.8% liked)
Technology
35130 readers
181 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
If value is completely dependent on speculation how the fuck do people expect to make money?
Crypto Booms: "This is the future of money. You can't lose."
Crypto Busts: "I'm just interested in the tech it's not about money."
That is some high grade cope. Highly refined. 99.99% pure cope.
Those are two different communities that are interested in crypto. Some of the crypto bros used the pro-decentralized peoples logic to cope… but there are both.
I’m surprised there aren’t more of the decentralized endorsers here, amongst a community of technically literate people using FOSS software.
Yeah it's almost like software-freedom ultranerds don't buy the claims. Weird. What could it mean, for a technically-literate community with no financial interest to reject the technical claims of people who've bought in? Which conclusions might we possibly infer, from people who obsess over the details of decentralized systems, when they treat an allegedly decentralized ledger like pointless garbage? Who among us could theoretically derive elucidating information from the eventuality wherein diehard open-source coders dissent against conservative-adjacent libertarian tech bros vis-a-vis the merits of the latter's supposedly relevant magic beans? Whence springs any hint of insight, whereupon a community collectively obs
I mined for years, 2011-2014 or so. I don’t need a lecture on crypto culture lol
Greater fools.