this post was submitted on 20 Aug 2023
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[–] msage@programming.dev 2 points 1 year ago (1 children)

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) (1 children)

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 (2 children)

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 (1 children)

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 (1 children)

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 (1 children)

Nice way to avoid the argument 😂

[–] msage@programming.dev 2 points 1 year ago (1 children)

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 (1 children)

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 (1 children)

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

[–] Somerefriedbeans@lemmy.ca 0 points 1 year ago (1 children)

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 (1 children)

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 👍

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

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 (1 children)

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.