Just seems like everything is “this company did this to their employees” and less about “this novel messaging protocol offers these measured pros and cons.” Or similar
And yes, I could post things, but I’m referring to what hits the top, 12h.
Can anyone rec communities with less of a biz and politics and wfh vs in-office vibe?
The annoying thing with these reductionist views is that they miss the potential applications.
“JPEGs in the blockchain” is indeed a pointless use case and were so hyped because of greed and a ZIRP world. This doesn’t mean that all applications built on top of NFTs are worthless. For example, one could see a well-thought ticketing system based on NFTs that could destroy Ticketmaster.
No it couldn’t, it provides nothing that a few database tables couldn’t. NFTs themselves are essentially just pointers to things that can be traded, you are always going to be entirely at the mercy of whatever system is deciding what is being pointed to.
nothing that a few database tables couldn’t.
Transparent consensus about the data can not be achieved with a few database tables.
You could make the argument that this does need a blockchain and it could be built on another decentralized consensus protocol (like Paxos), but then you’d lose the permissionless aspect of it and such a system would likely end up being control by a monopoly or oligopoly, like the whole ticketing industry is controlled by Ticketmaster today.
whatever system is deciding what is being pointed to.
The ticketing use case could work precisely because a ticket is just a pointer. Access to the actual venue/seat would still need to be verified in person, but the issuing of tickets and transactions in the primary/secondary markets are the nasty parts that are exploited by Ticketmaster and gives them so much moat.
Transparent consensus about the data can not be achieved with a few database tables.
and why is that needed?
The ticketing use case could work precisely because a ticket is just a pointer. Access to the actual venue/seat would still need to be verified in person, but the issuing of tickets and transactions in the primary/secondary markets are the nasty parts that are exploited by Ticketmaster and gives them so much moat.
And someone in the real world has to look at that and let the person through the door, how does the ticket being an NFT help that at all compared to a database entry with a ticket ID tied to a name and requiring ID? Even if it was an NFT how does that help when you have no control over the system that maps NFTs to seats? Come to think of it, an NFT would just encourage scalping as they are inherantly tradeable and so vulnerable to buying by anonymous accounts and then reselling.
