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submitted 2 months ago by nicknonya@lemmy.blahaj.zone to c/196@lemmy.blahaj.zone

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[-] skillissuer@discuss.tchncs.de 22 points 2 months ago

oh wow an enlightened being that knows that nfts are links to monke jpegs stored in an extremely inefficient append-only database, instead of jpegs themselves. none of that shit is remotely practical unless you make some hopelessly paranoid libertarian flavoured assumptions about how world works

[-] 0laura@lemmy.world 4 points 2 months ago

btw fun fact, all bitcoins are NFTs

[-] ColonelThirtyTwo@pawb.social 3 points 2 months ago

I don't think that's true. Bitcoins are fungible, NFTs aren't.

[-] 0laura@lemmy.world 2 points 2 months ago

nope! bitcoins aren't fungible anymore. you can track all bitcoins across the entire blockchain, any bitcoins involved in illegal activity are "dirty" and not accepted by exchanges. "virgin" bitcoins are worth more than "used" bitcoins. they aren't truly fungible anymore.