NFTs on BitcoinâŠ. This might be a crisis for some people to decide how they feel about it.
Discussion
Could be an existential crisis for many, but NFTs can be more than just JPEGs.
Agreed. Seems lack of Taproot adoption led to this. You snooze you lose I guess
I tell friends that while I believe that the âideaâ of nftâs feels directionally correct (theres something there outside of just jpegs and speculation) 99.999% of it all is nothing but scams and grifters distracting people from what really matters. I donât think realistically they are going away, so its better to find and work on real use cases and functionalities than trading crappy computer generated jpegs.
Thereâs just so many fiat distractions out there and sadly all the glimmer and flash keeps people from helpful truths.
Thatâs true. I wouldnât be surprised if it ends up being positive. Fees arenât an issue since we have viable L2âs. (Sucks to be eth). Even NFTs can have reduced fees on liquid. 4mb blocks propagate just fine. Really a nothingburger. Still a lesson learned. Changes to the code will lead to potentially unintended consequences.