Jeremy, you were one of my first Twitter follows. I’ve always had tremendous respect for you. And on NFTs, may I suggest you dig deeper? The tech is early but most NFT-supporting blockchains have very low ecological impact or are heading that way (in the case of Ethereum)
September 10th, 2021
As a member of The Long Now Foundation, I am absolutely disgusted by this. The environmental disaster of this “NFT-based crowdfunding model” is the antithesis of long-term thinking.
Bitcoin, which is the most ecologically questionable, has no support for NFTs. And Ethereum will move away from mining in a matter of months. Even before that, much Ethereum activity will move off-chain into layer 2s. NFTs as a technology have massive transformational potential
Thank you for saying this. And I’m glad most other responses echo the sentiment.
NFTs are the idea if the oil of a snake. They have exactly two uses, grift, and money laundering.
How many years have people been claiming that Ethereum is just Inthe verge of fixing their POW problem?