[danuker]

> Because cryptocurrency is consistently crime-adjacent and fraud-adjacent.

So are banks.

https://en.wikipedia.org/wiki/Money_laundering#Notable_cases

[unfocussed_mike]

That's as may be.

But I have to deal with my bank, don't I? And there is regulation to protect my business.

[rosndo]

Actually not really, I’ve switched banks used by my UK based business a couple of times. It has never been difficult.

I would certainly want to switch banks if I started hearing complaints about me using Stripe.

[unfocussed_mike]

Perhaps I am overcautious.

But today Stripe changed its Twitter icon to an NFT, which is like a Belisha Beacon for idiocy, isn't it?

Why any business that is serious would -- in March 2022 -- produce publicity or support materials that mention being able to sell NFTs, I do not know.

It's very stupid.

[rosndo]

While I largely share your feelings about NFTs, I think the general population outside of HN sphere does not.

I’d hedge my bets on this one, I’ve interacted extensively with the massive art market and NFTs really seem like a natural fit.

[unfocussed_mike]

> While I largely share your feelings about NFTs, I think the general population outside of HN sphere does not.

I don't know. I know a fair number of artists/musicians/photographers and I can tell you that among those artists, the impression of NFTs is almost universally negative.

I would bet that more people think NFT is close to a "giant, planet-killing scam", which is hyperbole but on the side of caution.

[rosndo]

I think the “planet-killing scam” is very HN-sphere thinking. Most people have no idea. Most non-technical artists I interact with seem very excited about NFTs, often asking me to help them create their own (unfortunately I’m not interested).

And what about when ETH2 goes live in some months and the main NFT chain moves to proof-of-stake? The “planet-killing” problem is already solved, that tech is going live this year. Seems like a fairly fragile criticism.