"Proponents of NFTs point out that each token is unique and can't be replicated, which creates a scarcity value that is good"

People have internalized capitalism that they're so incapable of fathoming something other than it, that when they run into something that capitalism can't be applied to like a digital good that is easy to give to everyone, they have to create a way that's makes it limited again and call it good.

@RadicalEdward that is the best explanation of the mindset behind NFTs I've seen yet.

@RadicalEdward Holy shit, yeah!! I mean, nothing has intrinsic value, right?


The idea that "scarcity value" is somehow good is frankly terrifying.

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A bunch of technomancers in the fediverse. Keep it fairly clean please. This arcology is for all who wash up upon it's digital shore.