Quote from: JayJuanGee on March 18, 2021, 05:49:45 PM

Quote from: nullius on March 17, 2021, 09:49:50 PM

Why are some Bitcoiners getting bent out of shape about this? Just because NFTs run on generalized smart-contract chains,⁰ which Bitcoin is not?

Sure, that might be part of the reason that bitcoiners are getting worked-up.. and there is a bit of a problem with supposed rare tokens or whatever other bullshit supposedly being pegged to something to cause them to not be able to be replicated, and sure there might be some truth in that - at least in practice, but seems that a large number of bitcoiners actually realize that bitcoin is really the ONLY thing so far that has really solved the electronic duplication problem by being able to confirm such.. and so there is no other electronic or crypto currency or whatever the fuck you want to call them, such as NFT that is actually being backed up by a non-duplicability system... such as bitcoin.. in other words bitcoin is the only NFT that actually matters and is actually backed up by proof of work and other bitcoin systems that are in place... sure there could be some ways to attempt to peg other NFTs to bitcoin in order to ensure non-fungibliity.. but even that might be questionable.. and has become even more questionable when pegged to stupid ass scam smoke and mirror projects, such as ethereum... or whatever happens to be the changeable peg that is being claimed to be non-fungible.

Quote from: Elwar on March 17, 2021, 11:22:18 PM

Bitcoin had NFTs for about a decade. They're called colored coins. There was even a collectible card game created.

What am I missing. Why are people thinking NFTs are new?

Sure.. the essence of the idea is to roll it out in a kind of new way that makes it seem innovative and blah blah blah... and the ponzi scheme actually appears to be "new" when it is just another way to engage in obfuscation in order for some earlier folks to take advantage of hype and various kinds of impressions of value when actually very little (if any) exists in actual reality.. beyond dee pumpenings.

One of Bitcoin's greatest values actually is its fungibility.
When one understands Bitcoin, why does he get wound up by NFT? Could be that in the more unconscious minds of "the community" a little envy comes into play here?
Because shit tokens with shit value are hyped into billion weighting smart shitchains?
Maybe? It's just a feeling, but what i have learned about hype of this type (vaporhype?) are usually anything but long lived.

Anyway, a collectors item which you can't touch is practically worthless.
The emperors new clothes reloaded.