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by csallen
1666 days ago
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1. You misunderstand how NFTs work. They are proof, because anything on the blockchain can be easily traced back to the original distributor, which in this case would be the university. Thats why it's called a blockCHAIN -- you can easily follow the chain of blocks. What do you think the school is going to do if you contact them? Check their database. The blockchain is no different. It's a public database, which obviates the need to call the school to ask them to check their non-public database. 2. None of these things have digital ownership enabled, none are part of a global publicly accessible API that others can connect to, none are part of a market where they can be bought/sold/traded. So all would be better with NFTs. 3. You haven't given a single reason why GameX would care to ban PlayerA just because Blizzard banned them. We see the opposite online all the time: people getting kicked off of one social network while be allowed to operate on others. 4. All of your examples here once again misunderstand how NFTs and the blockchain work, just like with #1 above. With IDs, the central authority that granted you the "21 years old" NFT would be listed as its origin on the blockchain, which obviates the need to check with them. Anyway, at this point discussion is futile. You don't understand the technical details of how the blockchain works, and the rest of your points are just negative predictions of the future in the vein of, "This is how things work today, therefore this is how things must always work." It's very similar to people in the 90s claiming that no serious company would ever put anything on the internet. Come back to these comments in a year or two. |
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1. You can get around this trivially, by simply either (1) looking at transactions originating from the node that distributes degrees, or (2) looking at the degree directly from a person's wallet. You don't need to use the blockchain for searching. It's not going to replace databases. You can have databases, too. But an NFT degree originating from a school's degree-distributing node is just as good as proof and doesn't require some additional step of contacting the school to find out if it's legit.
2. You've still said zero about the utility of a market where these things can be bought/sold/traded, or the API being publicly accessible, etc.
3. No company was putting their assets on the internet before the adoption of the web started compelling them to.
4. See #3. I'm trying to see your point here, but so far it amounts to, "People are doing X today, so they will always do X," which ignores the fact that technology takes a while to adopt. NFTs are new, and their utility is based on network effects, which means they'll become more useful with more adoption. Of course Apple isn't jumping in to use them right now. That says nothing about the future. That'd be like going back to 2011 and saying, "Nobody is using Zoom yet when they could be." Okay sure, but what does that say about the future? Little to nothing.
Again, of course it's possible that this won't catch on. Likely even. But the reasons you're listing don't seem like deterrents.