#that meme of bitches be like I Hate Capitalism and then squidward hugging nfts like me and the besties

[halfusek]

Hey, can you please explain to me what exactly NFTS's are? I've been trying to find information about it but all I can find are articles screaming about how horrible you are if you support them, without actually giving me any information about what they are and what the actual harm is. If you could explain or provide me with links about what they are, I'd greatly appreciate it :D

i'm not gonna explain it in professional terms because i'm not gonna pretend i have any sort of expertise in the crypto language area but also i think keeping it symple is better

NFTs are links to digital assets, those digital assets most often are digital artworks hence why you often see those ugly monkey images because the person doing them sells them as NFTs (so they don't really sell the image but the link to that image); but they can also be photos, videos, audio files, screenshots, etc etc

those links aren't like image links you can get from right clicking on a picture, they are unique and encrypted, and their encryption is a very complex process that uses a lot of resources, hence making NFTs results in high emissions

and that's the problem people mostly point out about them, that they ruin the environment, but i feel this argument can be too weak if you don't go deeper into the subject so let's go a little deeper

because this argument has its counterpart that using social medias such as twitter, tumblr, or even real world money also has its emissions

but the thing is *anything* digital uses energy and leaves its carbon footprint because everything uses energy

so we kind of need to consider what things do we want to use and perhaps what we even need to use

think about what social medias are used for, a lot of them are used for connecting people you wouldn't otherwise be able to easily contact, they can be used for spreading social awareness, for organising events, not to mention communication in companies but also other sources of income like artists advertising their commissions and other users being there being potential customers, like it's only a few examples of how it's worth it to have those running that have their own share in emissions

real world money, hate it or love it, we literally could not just pull the plug for it any day without any preparation for it because so much depends on it

now let's take NFTs and what their general use is and honestly crypto in general

until recently it was used as an easy way to get very rich (most times by already rich people) because you didn't have to pay taxes for it, but now everything will need to be reported to the IRS or you will face the consequences and you'd think well that's normal well it was not normal to the cryptobros to which this is a huge L

which is also linked to using crypto for money laundering and shady businesses. not good stuff

another thing is how the process of getting rich with these works... it's not stable in the slightest, and after you buy one you need to find someone to sell it to, but if the price goes down before you do, then you lose money (often a lot of it); which is hard to call anything else than scamming

i've heard that NFTs can be used to support artists which uh. you can just. commission them? or subscribe to their patreon or use any other service like kofi, like this kinda stuff has already been there so i'd kindly wanna ask people who use this argument to fuck off because most artists don't want anything to do with that shit (and if they do they're greedy cock suckers sorry not sorry)

that's not really for NFTs, more for shit like bitcoin but crypto mines are bumping up the prices of graphics cards which Sucks because that's one of the most vitals parts of any computer

and more on crypto in general again, it's like money 2.0, but more useless, less stable, empowering shady rich people, and yeah sure some random "normal" folks get rich thanks to them but you are literally better off investing in some company

then at least you are contributing to something, idk find a nice startup company that you wanna see grow, with those you have more guarantee to get your money back and you don't contribute to a useless nasty fucking scheme that consumes way more energy than it's worth