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Comment by bambax

This response is technical and appears a little naive to me. The reason why NFTs are currently hot is because there's a gold rush and people fear missing out. I don't think anyone who buys an NFT wants that NFT; they just hope to flip it for more money than they spent, or maybe diversify their portfolio (use it as a store of value). I could be wrong of course, but I seriously doubt it.

Which means, the technical solutions to the questions raised in the original article this responds to, will probably not have time to be implemented before the rush is over.

Also, one of the main points of the first article, if not the main one (and certainly the first one) is that centralization is a feature, not a bug. People want a central authority and not bother themselves with running their own server/infrastructure.

So the only way for OpenSea to "die" is if it's replaced by a different, but similar, central authority.

parent bambax 4 years ago

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