# Fuck NFTs! NFTs. Fuck 'em expensive images. Rules: - Follow Fediverse Code of
Conduct [https://mastodon.social/about] - When posting links of news articles,
put the tile in Title section then diss/shit about them on the Body section - Do
not post misinformation/disinformation - If you think an NFT...
Saying “fuck nft’s!” is like saying “fuck UUID’s!”.
They’re literally an everyday part of software engineering on decentralized protocols. They got a bad rap with tech-illiterate people because of moonboi hype but they’ll ALWAYS be a part of decentralized software just like any other type of data created for specific uses.
So this is what I've never heard, is when have nfts actually been used? Like it's too inefficient/expensive to store large amounts of data, so what is it good for?
Does "fuck auctioning off digital media (particularly procedurally-generated .jpg files)" make it more clear? Screw artificial scarcity? Ignore/de-value digital real-estate?
I mean, of course procedurally-generated jpg files are worthless bullshit. I’m a serious crypto aficionado and I never once bought a single NFT because I knew they were just images that anyone could view.
NFT’s, as you’re describing them here, were just a money-laundering scheme. But that’s not what NFT’s actually are. They’re a representation in a system that something is 100% unique (or part of a limited quantity). Since software engineering’s entire purpose is to model real-life in software, this concept was an absolute inevitability.
The story: someone generated a bored ape then sold it to themself for a 1,000,000% profit in an attempt to launder the ETH that person gained through illicit means in the shitcoin trades. It’s a tale as old as currency itsself: Beanie babies, trading cards, collectible art, collectibles in general. People are degenerate gamblers but NFT’s are actually an innocent technology co-opted by moonbois. Same deal with crypto in general. Greedy people ruin the reputation of anything they touch (or trade rabidly in this case).
I was kind of hoping hate filled communities wouldn't be a thing on Lemmy. Sadly, everything's the same everywhere you go.
Clarification: I think NFTs are really stupid. I would even say I hate them. But I don't need a community based around hating something. No one should.
This was simply the first example of a "hate" community I've seen on Lemmy, so I spoke up.