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There are several PoS markets for NFTs, and also, there are use cases for non-fungible tokens that aren’t “apes”, like storing a liquidity position, or other entitlement/authorization that can be unlocked with a proof-of-possession of a key
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Someone (who can identify themselves if they like) said they feel a "crypto-winter" is coming, and I'm hopeful this anti-cryptocurrency/blockchain trend is a harbinger of that. After a long hard winter, maybe more actually-remotely-valid use cases can get more air.
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A niche group of privileged, progressive tech people bashing something won't make it less popular. If you want to hurt the price of ape picture tokens, stop talking about it. The concept is incredibly stupid. Most of the price has literally come from all this outrage/exposure.
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It's not going to be hurt by outrage. It could be hurt by smart satire, memes, etc. The people who would be impacted by reasoning probably aren't stupid enough to buy an NFT picture other than to attempt to speculate on them like day trading stocks you expect to drop long-term.
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I've seen a whole lot of bad takes and misinformation framed as intelligent thought leadership. I'm starting from the position that NFT pictures are incredibly stupid but some of the people posting about them have even more stupid takes like that ridiculous fake history thread.
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I'm quite anti-authoritarian and view financial privacy and censorship resistance as quite important. Being portrayed as some anti-semite fascist is hilarious. twitter.com/dystopiabreake Also seen a whole lot of white savior complex not just authoritarianism projected onto others.
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this is so insane lmao bitcoin is somehow related to the protocols and elders of zion(????) and the formation of the federal reserve and the bolshevik revolution were historically equivalent (???????????) idc what you think about cryptocurrencies, this is totally deranged
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