Comments by "Alain Portant" (@alainportant6412) on "Beeple Gifts Joe an Elon Musk NFT" video.

  1. Yikes. NFT bros are going to zero. And before anyone tries to make the "muh bitcoin blockchain" comparison, here's the main difference between the two things : Owning 1 Bitcoin means that you own a 0.000005% share in a global distributed network of computers spitting 175 ExaHashes per second. I'm sure you're familiar with the concept of mining, so you understand that the energy required to mine a Bitcoin costs about the same of what it sells for. On the other hand, NFTs are ugly pieces of trash that represent nothing, cost nothing to mint and most importantly, are not enforceable property by any stretch of the imagination. Technically, it's zero. It's not like it solves the DRM problem. Non fungible coins have been around on the Bitcoin blockchain since 2013, back when they were called Colored coins, the concept was cool but it never took off because people realized what I just said, and since there was only smart money in the industry ( until the 2017 ICO bull run ) people moved on to other concepts. This is the 2021 NFT bull run, and it's going to zero in the same pathetic way ICOs did. But in a stupider, uglier way, because people are stupider and NFTs are ugly pieces of trash.
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