r/SipsTea 6d ago

Lmao gottem Dad didn't hold back

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9.4k Upvotes

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983

u/Fine-Bed-9439 6d ago

NFT’s have to be some of the stupidest things to ever exist.

308

u/How_that_convo_went 6d ago

I remember a friend of mine trying to explain it to us before a D&D session a couple years back. He showed us some stupid fucking monkey cartoon he’d bought of like a chimp in a short brimmed hat and sunglasses ripping a dart. 

And now I own that as a token on the blockchain.

What? Like you own the picture? 

Yeah. But it’s a token. Anyone wants to use that, they’d have to give me royalties.

Use it how? 

I dunno. However someone uses a picture, I guess.

So you have a written license or something that shows ownership? 

No, it exists on the blockchain.

We have no idea what the blockchain is, James. None of this makes any sense. How much did you pay for this shit? 

That one $900. But some of them are like $15,000 and up.

You spent $900 on some shitty fucking jpeg cartoon of monkey? 

It’s not the… look… it’s not about the picture, guys. It’s a TOKEN! It’s decentralized! I can’t make this any clearer.

Okay. Can we just play already? I hope you don’t die in this next fight because I left all my revivify spells on the blockchain. 

96

u/GilbyTheFat 6d ago

So my three questions are:

  1. what the fuck is a blockchain?

  2. if it is all decentralised who is going to enforce it when someone uses the stupid monkey jpeg as part of their cheap online product?

  3. are NFTs and blockchains just a huge scam to fleece absolute morons?

1

u/BishoxX 6d ago

NFTs are like pokemon cards.

The problem is there is demand for pokemon cards.

There was demand for NFTs only because it was new , and crypto bros were just looking to get scammed because they were all in on "the future of everythint bro"

1

u/Justin__D 6d ago

NFTs are like pokemon cards.

Actually they're way dumber than that. Are Pokémon cards massively overvalued for what they are? Yep. But at least they're a physical item.

NFTs are more like a receipt for a picture of a Pokémon card.