I'll say it upfront: I like #blockchains. I think that they're exciting #tech and that there'll be use cases for them — and I have invested a little bit in a few crypto projects (eg, $BTC).
However.
The amount of nonsense in the #crypto world in general, and around #NFT's in particular, is astonishing. Proponents and advocates should be the first to call BS, for our own benefit.
I listened to [this recent #episode of the #Bankless #podcast with #KevinRose (of Digg fame)](http://podcast.banklesshq.com/95-how-kevin-rose-invests-in-web3), and in that spirit, I'll mention here five idiotic or at least naïve ideas expressed in the show:
(Paraphrasing) At some point in the episode, the two hosts and the guest almost interrupt each other to heatedly express their shared conviction (and to _celebrate_) that the purpose of many of these projects (chains, collectibles, DAOs, whatever) _does not matter_. The goal, the use case, may be a mystery. And that, for them, is a good thing.
Yeah.
The hosts ask #KevinRose why $DOGE is still a thing. Answer (from memory, and paraphrasing): the power of community, backing a project, a shared purpose, building something together, blah blah blah.
Too kind, too rosy (too cynic and self-serving?)
All three people (both hosts included) confessed that they are not actually “bankless”. “Unfortunately we have to keep a Wells Fargo.” Of course you do.
Bringing this up is a bit cruel (I know that the name of the podcast is aspirational, not the statement of a state that is currently achievable). But it's funny that in a podcast named “Bankless”, no-one is bankless.
Think that paying to have the #blockchain say that you are the “owner“ of a JPEG everyone can see on the internet was often silly enough? Think again. #KevinRose shares the good news that legendary collectibles can now be sliced into tokens so that we poor late arrivers can pay to have a blockchain say that we are the “owners“ of a _little piece_ of what _another_ blockchain says is the legitimate instance of a JPEG everyone can see on the internet.
Progress!
First (and this is not specific to this episode, but a constant in the #NFT craze): isn't anyone else annoyed and suspicious of that sudden interest that everyone seems to have now in #art, artists, and galleries?
I keep on hearing and reading from all these #crypto nerds and geeks, who have been obsessed with technology their whole life, and never before, to my knowledge, shared a book or an article about the art world, bought a painting, attended a live art performance, befriended an artist, bought a physical record (they went from Napster to BitTorrent to Spotify), or set foot in a gallery IRL… all these people are suddenly SO excited about novel graphic artists, live happenings, and exhibitions of generative art, SO eager to buy, support, collect and showcase #art, and SO convinced that everyone out there shares their very whimsical new passion…
Isn't that wishful thinking, opportunistic, and fake?