• Chozo@fedia.io
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      5 days ago

      NFTs also have legitimate uses. The problem is people treat them like an investment instead of, y’know, a token.

        • John@lemmy.ml
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          4 days ago

          Ok, show me every single holder of an Ame72 piece and the respective market in real time.

          (by the way Ethereum, the largest NFT chain, uses less energy than your dishwasher now)

          • gamermanh@lemmy.dbzer0.com
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            4 days ago

            Easily done with a registry that one could do on paper ffs, significantly less energy than my dishwasher

            There’s nothing an NFT can do that other tech can’t do better and with less power

            • John@lemmy.ml
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              3 days ago

              Ok show me every single holder of an Ame72 piece and the respective market in real time.

                • John@lemmy.ml
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                  3 days ago

                  Nah, don’t really feel like doing that

                  No. You can’t do that because it’s not possible.

                  Keep pretending your bullshit tech isn’t smoke and mirrors, dipshit

                  Ahh there’s the ad hominem! Classic crypto-hater retort when you know that you’re wrong and you’re too stubborn to admit it. It’s not smoke and mirrors, it’s literally open source. You can check everything onchain. You can check the code.

                  Ethereum currently uses 0.0026 Annual Energy Consumption in TWh/yr. That’s for everything that’s on the network: all of defi (lending/borrowing, CDPs, insurance, mortgages, payday loans, exchanges, derivitives, etc), real world assets (RWAs, Blackrock’s BUIDL fund alone is up+364.65% YTD), NFTs/collectables, social media, gaming, identities, etc. This energy consumption is less than orders of magnitude less than netflix, paypal, gaming, etc.

                  Get blocked troll.