i feel like, as a community, we should have the ability to reject topics en masse. we do it all the time with other topics.
Actually not many people have arrable land, and far fewer have the amount it would take to produce enough food to feed themselves. And almost no one has the right conditions and land to produce the variety of food that most people consume.
my cock fighting ring has been very profitable this year
It kind of does work depending on the purpose of the NFT though. NFTs aren't just used with music or images etc. As an oversimplification, a game could sell NFTs for an asset that will be purchasable in the game. Whoever funds the development of that asset and gets the NFT for it then has ownership over it and can decide what to do next. They could choose to sell the asset in game and make a profit off the sales, they could sell the NFT itself to another person who might want to do that, they could sell it to someone who wants the asset to remain exclusive etc. Price of the asset which the NFT owner has control over would be dictated by the market like any other limited item etc etc.
With regards to the NFTs shown by the OP on Cardano, it is entirely obsolete.. Did you even read it? Their argument is basically "I don't believe proof of stake will ever happen". But since March, it happened.
The only reason people buy NFTs is the hope that the currency they bought it with will appreciate in value so that in 5 years, the average spending power of a cryprotrader will have quadrupled so that they can easily sell their NFT for a massive profit.
For what it's worth, I was just using that as one potential use case for where this tech could provide some value. There's a lot of avenues to be explored which could have varying degrees of value or it could all burst.
Okay? Doesn't make it not bullshit. Landowners and developers also drive the "perceived value" of housing up, doesn't make it okay or something we should celebrate.
You sure are arguing like it is. Comparing bits, of which there are trillions upon trillions in the world and are not necessary to live, to fucking food and water is not the killer argument you think it is. You keep using the word "perceived" and it's doing a lot of heavy lifting to obscure the amount of work required to produce different items.
What an incredibly shitty, small minded, and selfish view to take. But unsurprising given your arguments.
Do the world a favor and jump of the nearest bridge.
If you fail to see how "humans are stupid and you should try to make a buck off that stupidity, the world be damned" is more selfish than "I'd like to buy this entertainment product; it uses a bit more energy than a normal computer but it'll provide me entertainment value" then your brain is broken. Ethereum has for the entirety of its existence used PoW, which is an order of magnitude more wasteful than using a high end graphics card to play a video game at 50% utilization for 2 hours a day.
