worldpeace

5y

None of those things he mentioned are tangible objects, every concert ticket is just on your phone now

Water Giver

5y

· edited

Social security NUMBER lmfao.

Not the program.

Do you even know why the social security number system everyone is tagged with was created & when?

Literally the same idea of verification & such.

shane

5y

op a f***ing weirdo lmao

Water Giver

5y

Because theyre nerds that think everything they do is right that were never in on a "cool" trend before while not being able to understand with their lil linear nerd brains why some people wouldnt or simply cant get into it at the moment with their privileged selfs.

neon

5y

I don't get your point lol

social security numbers were never designed as secure numbers like credit cards or passports, they've only been used as such cause Americans are afraid of national ID'S it's a terrible system

you can't add the values of the first digits to verify the last, the numbers aren't random in anyway.. if you were born in the hospital the same day as me our numbers would be 2 digits different I could guess your number

NFTs with random number generation would honestly be a good use case for Social Security numbers

Water Giver

5y

My point was that it was a supposedly magical end all be all answer.

Which is never true.

FlyMx

5y

I’m deadass

worldpeace

5y

Projectung

neon

5y

it's inevitable

security in the new digital age is almost impossible, ransomware is rampant

so many types of fraud could be helped by using a token that can be easily audited

concert tickets, computer identification, financial positions (loans/savings), deeds, different kinds of issurance and I'm just barely stretching the surface

the best way to secure valuable items is as NFTs that are interoperable with Open Source accounting technology

everyone will be using NFTs in their regular life if they realize it or not

I'm over trying to convince anyone though just saying my opinions

neon

5y

no it wasn't

Social Security was never suppose to be a secure national ID system like other countries have, it literally was just made to keep old poor people out of poverty and it's used as that because Americans are morons that get scared of the idea of national ID

Flaphead

5y

Lowkey proof of stake is absolutely going to be the future, but NFTs as a form of artificial value for digital products is not the end game imo. But replace "NFTs" with "blockchain-validated security" and we're on the same page.

It's why I've chosen to go all in on ETH besides my base BTC investment and a few smaller functional coins. The ramifications of an immutable and transparently accessible ledger for things in the supply chain world (verification of lot numbers and production costs as we revamp our d*** legislation is the use case that made it click for me) or voting, ticket purchases as you said, etc. are potentially massive.

Which is why, even though I'm not personally getting into the NFT game for the same reason I'm not getting into Pokemon cards (I'm too f***ing cheap and I don't care to deal with the massive amounts of scams inherent to such a marketplace) I'm not s***ting on them either because I see the long-term vision.

Water Giver

5y

No lol as someone that got into crypto but from outside the "norm circle"

Its truth lmao simply by the tired insults & random tamtrums by said group who cant understand why no one is sucking their d*** at a new found thing when a lot of people cant even afford their rent or own a car

Water Giver

5y

No lol as someone that got into crypto but from outside the "norm circle"

Its truth lmao simply by the tired insults & random tamtrums by said group who cant understand why no one is sucking their d*** at a new found thing when a lot of people cant even afford their rent or own a car

Flaphead

5y

Lowkey proof of stake is absolutely going to be the future, but NFTs as a form of artificial value for digital products is not the end game imo. But replace "NFTs" with "blockchain-validated security" and we're on the same page.

It's why I've chosen to go all in on ETH besides my base BTC investment and a few smaller functional coins. The ramifications of an immutable and transparently accessible ledger for things in the supply chain world (verification of lot numbers and production costs as we revamp our d*** legislation is the use case that made it click for me) or voting, ticket purchases as you said, etc. are potentially massive.

Which is why, even though I'm not personally getting into the NFT game for the same reason I'm not getting into Pokemon cards (I'm too f***ing cheap and I don't care to deal with the massive amounts of scams inherent to such a marketplace) I'm not s***ting on them either because I see the long-term vision.

Flaphead

5y

This is another nuance that I find it hard to discuss in the current fervor: it's straight up impossible to get into the NFT trade if you aren't exorbitantly wealthy or happened to be an early crypto investor, and talking down on those who point out the very real flaws of the current implementation only makes that disparity more absurd. Like why the f*** would the average middle-class person give a s*** about paying literal thousands to own a receipt of a digital object, much less when the people selling said digital objects are flaunting inflated prices and investments and immediately talking down to anyone with valid concerns because they "just don't get it".

I honestly believe blockchain tech being intertwined with the speculative marketplace the way it has been since the BTC boom is both a necessary evil to spur its adoption and an absolute anchor for its progress past being seen as a "fad".

Flaphead

5y

Lowkey proof of stake is absolutely going to be the future, but NFTs as a form of artificial value for digital products is not the end game imo. But replace "NFTs" with "blockchain-validated security" and we're on the same page.

It's why I've chosen to go all in on ETH besides my base BTC investment and a few smaller functional coins. The ramifications of an immutable and transparently accessible ledger for things in the supply chain world (verification of lot numbers and production costs as we revamp our d*** legislation is the use case that made it click for me) or voting, ticket purchases as you said, etc. are potentially massive.

Which is why, even though I'm not personally getting into the NFT game for the same reason I'm not getting into Pokemon cards (I'm too f***ing cheap and I don't care to deal with the massive amounts of scams inherent to such a marketplace) I'm not s***ting on them either because I see the long-term vision.

krishna bound

5y

the real value of NFTs have virtually nothing to do with how theyre being used now, the current market for them really is just a dumbass way of making short-term money and taking advantage of the concept's notability, extrapolations to solve real world issues gives them value but that's completely disconnected from how they're being treated right now. they aren't an economic solution, they're a technological one.

neon

5y

I agree about the last part, my long term NFT play is buying as much Ethereum as possible, because I don't see most of the current crop of NFTs lasting

Non-fungible tokens will run on top of many different Layers of Blockchains tho

my point is that NFTs are tokenized personalized "Blockchain Validated Security" they are so so much more than collectiables or h**** Furry weirdos buying $5k lion profile pics

I bet NFTs could even be rebranded for security and most people will use them and they'll just be called something else

Iconic Avy btw

Flaphead

5y

RIP SOPHIE

krishna bound

5y

the real value of NFTs have virtually nothing to do with how theyre being used now, the current market for them really is just a dumbass way of making short-term money and taking advantage of the concept's notability, extrapolations to solve real world issues gives them value but that's completely disconnected from how they're being treated right now. they aren't an economic solution, they're a technological one.

TsunamiPapi

5y

Buying nft’s lmfaooo f***ing re tard