@1dalm @the5thColumnist @thomasfuchs NFTs were never...

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NFTs were never gonna be that because that's not what they're for. That's just the PR campaign. NFTs are tokens carrying programs called "smart contracts", which are meant to automate things like contract enforcement. Ever seen reports of malicious NFTs emptying people's wallets? That's the intended use case, but used maliciously.

Making them into expensive links to jpegs was a mistake.

Like 7 January at 20:52 | Wall-to-wall | Open on mastodon.sdf.org

2 comments

RodneyPetersonTalentAgency

@reallokiscarlet @1dalm @the5thColumnist @thomasfuchs

So you’re talking about a scheme similar to the piece of shit that used to be the owner of the Las Vegas Review Journal, Sherman Frederick?

His idea was to sue everyone who linked to or quoted LVRJ stories. He even set up a corporation for it. A few people got duped into paying 10K settlements via threat before a judge told the fuckhead to knock it off.

7 January at 22:23 | Open on mastodon.social

Loki Scarlet

@RodneyPetersonTalent @1dalm @the5thColumnist @thomasfuchs

Think more like if your gym membership card was harvesting credit card data while it sat in your wallet.

7 January at 22:25 | Open on mastodon.sdf.org