

Homes have already been sold using this tech… for several years. Good thing about it is you don’t have to use it at all.
No thoughts
Homes have already been sold using this tech… for several years. Good thing about it is you don’t have to use it at all.
Smart contacts are exactly for that. They can automate various processes, including payments, data recording, asset transfers, all as long as the pre-defined conditions are met. There will still be things third parties need to do but not everything. Especially proof of ownership or fractional ownership with complex conditions. Very expensive ot just not possible using third parties.
NfTs were supposed to very boring, like selling a house with a smart contract eliminating much of what a title company and other middlemen do reducing fees and paperwork(already been happening for the last 3 years). Or gaining control of your own health records instead of a third party for-profit company. This could allow you to be the only person who gives insurance companies or health providers or courts permission to view your records and no one is making money off the transaction as they normally do right now in some companies database.
You are saying there is no use for non fungible tokens but there is and you will eventually see it in the real world(not collectibles) it just takes a while for new tech to be adopted by old industries afraid of change for the better(mainly more secure)
If you could replace certain expensive and time cosuming bureaucracy that would save time and money and fight corruption and identity theft I think that would be well worth it.
NFT was SUPPOSED to just be a cheap and safe non-editable contact type thing that you can make with someone so that there can be no dispute as it’s fixed and unique. Then it turned into monkeys and that’s all it’s known for now.
Doesn’t matter. Musk must withdrawal his company from consideration due to conflict of interest.
Yeah it’s the bubbles we all live in. When I was a kid in the 80s everything felt great. Skateboarding was big, bmx. Years later I realized a field 2 miles from my house was s dumping ground for a serial killer at that time. The US was a fucking shit hole then… and all decades before that. It’s still a shithole but I feel like its peak was 2015. Gay marriage had just been legalized. Crime at a relative low. Previous shittyness getting exposed at a high rate. Trump was nearly a forgotten figure.