@anachronist@midwest.social to Memes@lemmy.mlEnglish • 1 month agoJeff's magic money machinemidwest.socialimagemessage-square225fedilinkarrow-up11.27Karrow-down116
arrow-up11.26Karrow-down1imageJeff's magic money machinemidwest.social@anachronist@midwest.social to Memes@lemmy.mlEnglish • 1 month agomessage-square225fedilink
minus-square@theneverfoxlinkEnglish7•1 month agoI just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked I thought he was confused or stupid or something. “Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they’re all publicly hosted?” Him: “Yep” “And the only use for these right now is as a profile picture?” Him: Shrug, “yeah, people use them for discord and stuff” “But… Couldn’t you just download the image and use it anyways?” Him: “Yeah, it’s all publicly hosted” And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something
I just remember the day, as a software dev with a solid understanding of Blockchain, my older dev neighbor started explaining how NFTs worked
I thought he was confused or stupid or something.
“Wait, so like you have these super rare images, proof you own it on a Blockchain, and a link to the place they’re all publicly hosted?”
Him: “Yep”
“And the only use for these right now is as a profile picture?”
Him: Shrug, “yeah, people use them for discord and stuff”
“But… Couldn’t you just download the image and use it anyways?”
Him: “Yeah, it’s all publicly hosted”
And it was about then my brain locked up. I did multiple hours of research later, sure I had to be missing something