We can agree on what the words mean individually, but an NFT is not just some physical item which is unique. NFTs are unique and are only possible to transfer if you have the private key. So saying that your credit card number is an NFT because it’s a token which is non-fungible is missing the point, and being intentionally obtuse.
I’m kinda done with this, we are not going to get any further in this discussion.
It sounds like you don’t know what an NFT is. A credit card isn’t a NFT because there is no private key, it’s only a public token that you hope is securely stored everywhere you put it in. You could put your credit card info on a sketchy website and they could use that exact same information for a purchase with no interaction on your part.
Same exact story with your driver’s license. And the car in Monopoly? What the fuck dude, they’re mass produced identical pieces of metal.
Maybe that’s why you think it’s so great, because you have no idea what is and isn’t an NFT.
I have yet to see what technical brilliance he has beyond the ability to spend the interest gained on his billions of dollars.
You’re being proven right. You will get downvoted for these statements because a majority are just not factual.
The easiest to explain is NFTs are worthless. They have no legal validity for ownership. The largest portion of the NFT market is buying pictures, pictures which are hosted externally and can be taken down without respect to the NFT contract.
So in the majority use-case you neither have the picture stored, nor have exclusive legal ownership. So you’re buying access to a very fancy, very energy intensive, url link.
That’s not even getting into the politically charged arguments. The whole reason we have child labor laws, minimum wage, and OSHA requirements is because raw, unchecked capitalism was terrible for 99% of people.
This guy proves that being smart is not a prerequisite for being rich.