God it’s so shit, why does every manager want this
this post was submitted on 15 Jun 2023
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I still don't get NFTs. Not the technical part, but the why-the-hell-would-anyone-want-this part. Like, I can't even understand the logic behind someone thinking someone else would want something like this. It seems like it should be a simple concept but my brain just hurts.
A crypto coin is only worth as much as the hype surrounding it, so the people holding a lot of crypto needed something beyond "you can use this to buy drugs on the internet" to generate hype.
It turns out that more than a few people investing in tech don't really understand what they invest in, but are highly susceptible to FOMO so any tech company wanting a quick cash injection put together a blockchain/nft/play-to-earn/web3 pitch.
Scrolling to the bottom of nft dot reddit dot com reveals a 2021 copyright, but I'm sure they have all their best people working on a new version of it that's much better! /s
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