Tag: nft
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The predatory communities of crypto
Molly White: Crypto, when it comes down to it, relies on greater fools. As assets without any intrinsic value, the way to make money from crypto is to find a greater fool who will buy your assets from you at a higher price. Molly White (who I’ve linked to before) has been on a crusade against…
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Web3 is going just great
Readers of my blog may already be familiar with my thoughts on crypto and NFTs. To reiterate, in short; I’m bullish on blockchain, so-so on Bitcoin, looking closely at Ethereum, and skeptical about the longterm benefits of NFTs (though I think they could be a useful technology). If I had to summarize my opinion on…
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James Gurney on NFTs
James Gurney, in a reasoned post explaining NFTs to his rather large art-focused audience: Does it make sense for every artist to leap into NFTs right now? I don’t think it make sense for me—not yet anyway, until there’s a better solution to the environmental issues. I’m beginning to appreciate people who don’t have quick, one-side-or-the-other,…
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Seth Godin on NFTs and my background
Seth Godin: The more time and passion that creators devote to chasing the NFT, the more time they’ll spend trying to create the appearance of scarcity and hustling people to believe that the tokens will go up in value. They’ll become promoters of digital tokens more than they are creators. Because that’s the only reason…
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NFTs and energy use
There has been an enormous flood of information regarding NFTs — in general — and the amount of energy needed to facilitate the creation of them and their transfer. I’ve kept my mouth and my blog shut on this topic because I knew immediately that I needed to gather much more data before I spouted…