this post was submitted on 02 Jun 2025
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The sad thing is the concept wasn’t.
Selling NFTs with no physical existence is what is pointlessly stupid.
Before they came along i considered the idea of a blockchain linked video camera where metadata of footage gets written into the chain to combat fake news and misinformation.
The goal would be to create a proof and record of original footage, to which media publishers and people who share can link towards to verify authenticity/author.
If the media later gets manipulated or reframed you would be able to verify this by comparing to the original record.
It was never a finished idea but when i first read nft i thought this is the right direction.
And then capitalism started selling apes and what the actual disgusting money possessed fuck was that.
Yeah. Crypto bros ruined crypto with their greed.
Crypto is still really cool but now when people read that word they just think scam. So it's never going to happen
Bitcoin is currently at all time highs
Whats your point?
That it's currently happening and belief that it's a scam is going down.