this post was submitted on 18 Aug 2023
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535
A key feature of NFTs has completely broken / Web3 was supposed to make sure the original artist always got paid. Not so much anymore. (www.theverge.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 8 points 1 year ago (1 children)

USD had value in that it is how i pay my taxes. I can either use USD to pay taxes or go to jail. That's about as concrete as value can get.

[–] [email protected] -1 points 1 year ago (1 children)

Yes, the value comes from ADOPTION.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

So, you're claiming that you need a constant new stream of people buying into it, to make it work? Man, that's almost like the definition of a ponzi scheme. Weird.

[–] [email protected] -1 points 1 year ago* (last edited 1 year ago) (1 children)

Another "I know you are but what am I" class comment. I'm talking about actual adoption, usage, cyclical exchange, not buy low sell high, that should be obvious from what I wrote.