by jawagord » Sun 23 Jan 2022, 11:19:01
$this->bbcode_second_pass_quote('Doly', '')$this->bbcode_second_pass_quote('', 'T')he reason NFTs are being pushed and hyped up so much is because its an extension of cryptocurrency platform itself, it serves to prop up the entire cryptocurrency market by increasing the artificial demand and thus valuation of crypto across the board.
So you are saying that most people are hoping that we'll muddle through the energy transition to renewables (plus nuclear for a while, while it lasts). And what ultimately is propping up the NFT market is the assumption that things will continue going up as before. Much like, maybe,
Easter Islanders were hoping that by putting up more statues they'd somehow fix their problems, even though some rational thinking would have hopefully led them to some other activity more likely to help them.So the interesting question is: Is there any way that all that money sloshing around into NFTs can be led into energy projects that are actually helpful?
While Jared Diamond wrote an interesting theory on Easter Island in his book Collapse, his theory is being questioned. The continued building of statues suggests a thriving society, not a collapsed one. NFT’s and the idea we can transition to unreliable energy sources might be the ultimate proof of a thriving society with money to waste?