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this post was submitted on 15 Jan 2024
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None of these use cases need the blockchain technology that is behind all NFTs. Blockchain is a horribly inefficient, wasteful implementation of a distributed ledger which can be created in many other ways.
If NFTs fade away, one of the main reasons will be that there are plenty of ways to do what NFTs were supposed to do, but in more efficient and economic ways.
Also, implementing these things requires will on the part of the developer, modern tech companies just aren't interested in any of this. There could be a perfect, low energy, privacy respecting system for all of these use cases, and it wouldn't allow Google to scrape data for ad sales, so it would just be left to rot
The novelty with blockchain is related to a paradigm shift. Instead of having a centralised entity controlling the servers for instance, blockchains provides a transparent and decentralised alternative. Transparency comes from the open source community, and thanks to transparency the open source community can verify the claims of decentralisation.
If a blockchain is not 100% open source, it's just another centralised thing.
Projecting much!? You never bothered to post anything to support your own statements while you posted the usual pro-crypto and pro-blockchain talking points. Even in your reply you didn't bother to come up with anything, besides accusing me of parroting stuff.
Every accusation is a confession. 😜