[grumple]

> Nfts may or may not be the blockchain's killer app (I think they are)

How is a bit of data on a blockchain pointing to a URI a breakthrough? It's utterly ineffective at proving ownership of anything, since the data at the uri can be changed, or more likely - the entire server will disappear at some point in time. And then what about uris on the blockchain pointing to illegal material (things that are actually copyrighted by someone through the legal system, CP, etc)?

Obviously storing actual data on-chain is too costly as well (both financially on the large chains, and practically/environmentally on any of them).

Everyone I know who's into NFTs and crypto was a con artist before blockchain and they'll be con artists after. Wait until I tell you about the drug addict scammers I know that started a crypto coin of their own and got a friend who knows literally nothing about crypto to write their whitepaper.