The "verified collections" problem AKA only sources we collectively agree are valuable may mint currency wow this is sounding more and more like the value of the currency is only that that can be guaranteed by an entity with the power to enforce it's value like maybe a state or something idk
Yep. Another example would be that OpenSea and other platforms already mark things as frozen due to being stolen. This is of course, based on one person saying "my NFTs were stolen" and who knows what kind of investigative followup on it. You can still trade the NFTs via direct access to blockchain trades, but that's so complicated for the average user that they are de facto frozen.
Moxie Marlinspike did a good writeup on the problems with all this NFT shit and correctly pointed out that while it claims to aim for old school decentralization, the same forces and problems that caused the shift to the new platform-driven web have come into play here too.
The "verified collections" problem AKA only sources we collectively agree are valuable may mint currency wow this is sounding more and more like the value of the currency is only that that can be guaranteed by an entity with the power to enforce it's value like maybe a state or something idk
nah bro. crypto is decentralized bro. you don't get it. my IQ is very high
Yep. Another example would be that OpenSea and other platforms already mark things as frozen due to being stolen. This is of course, based on one person saying "my NFTs were stolen" and who knows what kind of investigative followup on it. You can still trade the NFTs via direct access to blockchain trades, but that's so complicated for the average user that they are de facto frozen.
Moxie Marlinspike did a good writeup on the problems with all this NFT shit and correctly pointed out that while it claims to aim for old school decentralization, the same forces and problems that caused the shift to the new platform-driven web have come into play here too.