Keep NFT out of FF14

[ApolloGenX]

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.

There is a difference between arguing against NFTs as a valid concept... and saying this game is not an appropriate avenue. I have no problems with NFTs... just not in this game.

Take for example your tin can. Ok, a tin can isn't a scam, sure.... but that doesn't mean it can't be used in one. You are assuming symmetry of information. That is not the case with NFTs.

For example: (Not to give ideas)... but kids at school play FFXIV. Ok, let's say one of them gets some kind of NFT. Great. Now the kid gets tired of it... and instead hypes it to his friend... or maybe someone he isn't friends with... maybe even puts social pressure on him/her and casts them as a "newb" or something worse (cause kids, right?)... so the kid asks his parents for the NFT for his bday. Kid one agrees to sell it to him for a huge profit. Parents don't know what the heck it is, it's an in game item that little kid says is so important... sure let's get it for him. (Who says THEY know the difference between this and the Mog Store?)

That's a potential scam or at least pump n dump scheme that could easily happen. This is why I have ethical issues with it in THIS context.

This is an avenue of trading that is not so different from speculative markets and the lack of information/education around it leaves it open to bad actors.

I am all for investing and teaching kids and adults about responsible investment. Mixing investment rules with entertainment and speculative values is unethical in this avenue, imo.