• 0 Posts
  • 9 Comments
Joined 1 year ago
cake
Cake day: July 12th, 2023

help-circle







  • You’re being proven right. You will get downvoted for these statements because a majority are just not factual.

    The easiest to explain is NFTs are worthless. They have no legal validity for ownership. The largest portion of the NFT market is buying pictures, pictures which are hosted externally and can be taken down without respect to the NFT contract.

    So in the majority use-case you neither have the picture stored, nor have exclusive legal ownership. So you’re buying access to a very fancy, very energy intensive, url link.

    That’s not even getting into the politically charged arguments. The whole reason we have child labor laws, minimum wage, and OSHA requirements is because raw, unchecked capitalism was terrible for 99% of people.


  • There could just be no connection at all. Like how there’s a positive correlation between shark attacks and box office sales for Nick Cage movies. There might be some relation between them, but more likely there is no link and it’s just random noise that happens to line up particularly well.

    The reason why you might see it used as an end statement is because there is no data or clear logical link between the subjects which were correlated. It’s basically saying “unless you have some reason to believe they’re linked, you should probably assume they’re not”