Comment

Comment by csallen

Not sure why your comment reply to mine got flagged, but I can't respond to it, so will respond here.

1. You can get around this trivially, by simply either (1) looking at transactions originating from the node that distributes degrees, or (2) looking at the degree directly from a person's wallet. You don't need to use the blockchain for searching. It's not going to replace databases. You can have databases, too. But an NFT degree originating from a school's degree-distributing node is just as good as proof and doesn't require some additional step of contacting the school to find out if it's legit.

2. You've still said zero about the utility of a market where these things can be bought/sold/traded, or the API being publicly accessible, etc.

3. No company was putting their assets on the internet before the adoption of the web started compelling them to.

4. See #3. I'm trying to see your point here, but so far it amounts to, "People are doing X today, so they will always do X," which ignores the fact that technology takes a while to adopt. NFTs are new, and their utility is based on network effects, which means they'll become more useful with more adoption. Of course Apple isn't jumping in to use them right now. That says nothing about the future. That'd be like going back to 2011 and saying, "Nobody is using Zoom yet when they could be." Okay sure, but what does that say about the future? Little to nothing.

Again, of course it's possible that this won't catch on. Likely even. But the reasons you're listing don't seem like deterrents.

parent csallen 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton