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Joined 1 year ago
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Cake day: June 11th, 2023

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  • ndguardian@lemmy.studiotoMemes@lemmy.mlNon fungible token in a nutshell
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    1 year ago

    I think the biggest place it has genuine benefit would be for something like deeds to homes, titles for cars and stuff like that. A permanent, auditable and public system for tracking the transfer and ownership of things.

    Unfortunately it comes with its own caveats, such as “what if I lose the wallet containing the deed to my home, and I want to sell it?”

    I never really understood the whole thing about picture based NFTs though.











  • I mean, sure. A lot of people took out more than they should have. A lot of people who barely had left home to pursue a higher education on the promises of previous generations who nonstop said “you must go to college by any means necessary if you wish to have a successful career.”

    Well, they did as they were told, and instead of the promising career and success prospects, they’re struggling to make ends meet because oh hey good luck finding a career if they didn’t go with one of the “good” degrees and now they’re just as well off as if they didn’t go at all, and now they’re having to deal with student loans.

    Hmm…no wonder why they were counting on that relief.

    I’m one of the lucky ones. I went to college, didn’t even finish and came out with a fantastic career. Not everyone was so lucky. But we were all told the same thing. Some people got lucky, like me. Some people were able to go on mommy and daddy’s dollar. Some others still had to find a way to cover the cost, attendee the classes, got the degree and instead of the supposed good life they were promised, they’re getting fucked over instead.

    If you buy a car on a loan and it breaks down on your first day to a new job a few days after buying it, shouldn’t you be made whole? Because that’s effectively the same situation.