this post was submitted on 17 Aug 2023
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My wife and I started talking about this after she had to help an old lady at the DMV figure out how to use her iPhone to scan a QR code. We're in our early 40s.

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[–] [email protected] 9 points 1 year ago (1 children)

I like to just think oh that's another scam/pyramid scheme and be on my way.

[–] [email protected] 1 points 1 year ago (1 children)

that's pretty much what I do. I don't know how they actually work, I've had it explained to me like 5 times and still don't get it lmao

[–] [email protected] 3 points 1 year ago (3 children)

It's a way to prove that someone gave/sold you some/all rights to some "thing". Which would be important if anyone cared, but no-one does ... with the exception of those who once thought that someone cared and are trying to recoup their "investment" by deceiving others.

[–] [email protected] 3 points 1 year ago

Images are dumb its the literal worst use case anything with direct ownership has a good use case for nft, probably needs a rebranding.

[–] [email protected] 2 points 1 year ago

Right, NFTs are just cryptographically secure receipts... Which is cool and all, but we've been getting by with non-cryptographically-secure receipts for a very very long time, so it's kind of just a waste, and probably a misapplication of the technology.

[–] [email protected] 0 points 1 year ago

Nfts are bragging rights, like having an original painting. You get to show people you have money by spending it on something extravagant but basically useless.