v21’s avatarv21’s Twitter Archive—№ 74,216

  1. Shopify has a pitch for their new NFT thing that I reckon will be (unfortunately) effective. it is "you can buy NFTs without having to figure out how to buy cryptocurrency first"
    1. …in reply to @v21
      see, people like the idea of getting rich, but they generally find interacting with the actual technology of blockchain annoying and expensive and full of ways to suddenly lose everything. "just give your credit card details to a company" is a good pitch in that context!
      1. …in reply to @v21
        of course, you can't *sell* your new NFTs without figuring out cryptocurrency shit. so the whole thing is really just a finger trap. but it'll make Shopify money.
        1. …in reply to @v21
          i'm a game designer, and i have spent a lot of time thinking about incentives and systems & how value is constructed. so - ngl, i find this fascinating. but in the same way i find gacha systems people spend thousands of dollars a week on fascinating.
          1. …in reply to @v21
            for examples of how the blockchain is fascinating, but also extremely somewhere you don't wanna put your money, look at this thread: @samchepal/1471238662776102916?s=20
            1. …in reply to @v21
              (find it ironic that the kinds of people who were trading meme stocks and getting outraged at Robinhood's dark pools and payment for order flow are also speculating on ETH, where due to transaction ordering being a commodity, dark pools are a necessity to not get front-ran)