Quote Originally Posted by Kakure View Post
NFTs are just digital containers the same way that meme

As I said before, you are the ONLY person here talking about NFTs as value-neutral containers. Whether that is an act of bad faith or you really just don't get what everyone else is talking about, this whole kerfuffle is about gaming companies jumping on the NFT bandwagon because they see people paying obscene sums of money for NFTs of digital art or video clips and want to cash in themselves. Their frenzied efforts to make NFT gaming a real thing is not a downstream indicator of corporate greed or malintention: it IS the scam.

That's utter nonsense. "Markets determine value" is the Microecon 101 answer, but in the real world we have copious referents against which we can judge the value of a thing. I can say with utter certainty that used tin cans are effectively worthless. If A stoops down and picks one up and says to B "I'll trade you this used tin can for your car," I can say without hesitation that it's a bad deal because one of those things has value and the other doesn't. If B agrees to the trade, it doesn't mean that used tin can is now worth a car. It means that B is a numskull who traded a thing with value for a thing without value.

And when someone pays millions of dollars for an NFT of a tweet, we're very much in "I'll give you a used tin can for your car" territory.
I get that people are concerned about the business practices that can be taken. I think people have every right to be skeptical however this has nothing do with the underlying technology of NFT's. If any company puts in practices that negatively impact gameplay or are unjust then defy them with your wallet. Nobody is making you buy anything and not buying sends a clear message.

As to your example between person A and person B with the tin cans: I see nothing wrong. If someone came up to me with a tin can and wanted me to buy it and I had no need for a tin can I would tell them to go away. If I for some reason wanted a tin can I would make them an offer. It's very curious that people think that just because you see no use in something that it's a scam. People really don't understand what the word scam means. If I wanted a tin can I as the buyer can set the price if there is no other demand. I can pay $1 for my tin can or $10 million. Either way, nobody got scammed. If I offered $1 for a tin can and got a cardboard cut out of a can then that would be a scam as I did not get what I wanted. Also, speculative investments are not a scam. I am again just purchasing a good with a fluctuating value. Most people try to make a profit on any item that they sell however sometimes you take a loss. This is life. Nobody got scammed because the value of something moved in the wrong direction.