Memes

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submitted 4 months ago by anachronist@midwest.social to c/memes@lemmy.ml

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[–] Viking_Hippie@lemmy.world 0 points 4 months ago (3 children)

If you can "buy" nft's then Idk why you can't buy something with less value.

I'll tell you why: because there's nothing with less value than an nft.

[–] nilloc@discuss.tchncs.de 0 points 4 months ago

You can buy medical debt, that has lots negative of value to the indebted.

[–] Tak@lemmy.ml 0 points 4 months ago (1 children)

Lol That's damn good.

[–] Viking_Hippie@lemmy.world 0 points 4 months ago

[–] theneverfox@pawb.social 0 points 4 months ago

I just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked

I thought he was confused or stupid or something.

"Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they're all publicly hosted?"

Him: "Yep"

"And the only use for these right now is as a profile picture?"

Him: Shrug, "yeah, people use them for discord and stuff"

"But... Couldn't you just download the image and use it anyways?"

Him: "Yeah, it's all publicly hosted"

And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something