this post was submitted on 25 Aug 2025
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Hello,

I have been researching about blockchains and stuff and it all seems like a big scam. It's not sustainable and can be replaced by a simple database.

is there any legitimate use cases of blockchains or it is all just a big scam?

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[โ€“] papertowels@mander.xyz 0 points 1 month ago* (last edited 1 month ago) (1 children)

And is "releasing it on consoles" not a monetization scheme? If they didn't give it away from free, they....sold it for money, which means it's a monetization scheme.

What's worse is that on consoles it's simply a digital copy of a file being made - at least arcades needed maintenance, justifying an ongoing cost. Arguably your example of games being released on consoles is an even worse example of artificial scarcity - why should they charge for a digital copy of a game that costs them nothing to copy? Is that not a textbook example of "artificial scarcity"?

Except microtransactions are much worse because they do not enable a secondary economy like arcades did.

Are we in agreement that digital cards as NFTs does enable a secondary market, especially when compared to digital cards not associated with NFTs?