Post by JM

18xXxq…a31p Unverified · twetch

Getting in a debate this morning with a buddy who thinks NFT's are retarded and worthless and just ponzi schemes.

Says they have "no intrinsic value" and can "just be copied by anyone" and that proof of ownership is irrelevant because it's not a physical item. Doesn't seem to care that anyone can copy the mona lisa as well.

Not sure how to get through to him that just because he thinks it's dumb and doesn't assign value to digital ownership of art, doesn't mean everyone does.

Sure most NFT's will go to 0, but not all of them will, and their value isn't entirely determined by people who think they are stupid.

JM 6d
1BJ8an…7haV Unverified · twetch

How does he feel about trading cards of any kind, sports or pokemon for examples? There's no doubt these nfts could become physical, but it's not necessary in this digital environment with global access, especially for collections with relatively small numbers.

What the chain says
Block
969 181
Time
2026-10-01T14:49:38Z
Signer
1BJ8anEftamZ3akcgB29XCnAXM6BLb7haV
App
twetch
Type
reply
Content type
text/markdown

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1BJ8anEftamZ3akcgB29XCnAXM6BLb7haV Unverified

Replies (2)

18xXxq…a31p Unverified · twetch
Replying to@1BJ8an…7haV

He seems to think they're fine because they're physical items. It seems to be a disconnect for him with regards to digital ownership, he doesn't seem to believe in digital ownership.

JM 6d
1BJ8an…7haV Unverified · twetch
Replying to@18xXxq…a31p

Some people don't get it. Whoever owns the priceless piece of art doesn't care that common folk have their little copies for enjoyment. Even so, they're probably good advertising for the original.

205 075 sat