The case against NFTs - Chris Skinner's blog

in hive-116221 •  4 years ago 

STEEM POSTS

NFTs, cryptographic tokens which are unique and not mutually interchangeable, are being hyped right now on social media and in traditional media. I have read many dumb takes promoting crypto since 2009, but the NFT ones are the dumbest. And no, this is not because NFTs "consume a rain forest each time you mint one". This argument is twice irrelevant as public blockchains consume the exactly right amount of energy for the security and economic benefits they


Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.