Comment by [deleted] on 07/07/2022 at 15:11 UTC*

950 upvotes, 17 direct replies (showing 17)

View submission: Introducing Collectible Avatars

This feels like one of those things where in a few months there will be an update post where Reddit Admins are apologizing for ‘missing the mark’, and telling us ‘we hear you’ when they announce its going away.

NFTs are cancer, even if you go out of your way to not say the word NFT.

https://youtu.be/YQ_xWvX1n9g

And your timing is impeccable given the current market trends.

https://amp.theguardian.com/technology/2022/jul/02/nft-sales-hit-12-month-low-after-cryptocurrency-crash

This is so ‘how do you do fellow kids?’ it’s ridiculous.

Replies

Comment by GodOfAtheism at 07/07/2022 at 15:43 UTC

159 upvotes, 2 direct replies

They didn't have that announcement for their bitcoin knockoff, they just kinda quietly shuttered it. Also haven't heard anything about community points[1] in a while

1: https://consensys.net/blog/news/everything-you-need-to-know-about-reddits-new-blockchain-based-community-points/

Comment by Usual-Jury-8565 at 07/07/2022 at 17:03 UTC

28 upvotes, 3 direct replies

I feel like adding polls was the last actually useful thing that was added to reddit

Comment by Security_Chief_Odo at 07/07/2022 at 15:17 UTC

104 upvotes, 2 direct replies

Missed the boat on this ponzi scheme, but there will be others. Look forward to hearing in a few months about how Reddit is sunsetting this 'feature', so sorry everyone. *Totally not our fault for trying to cash in on these easy scams even though it took us 6 months to think of a way we could do it*.

Strong **pride and accomplishment** feelings about this crap.

Comment by wkrick at 07/07/2022 at 18:37 UTC

5 upvotes, 0 direct replies

Upvoted. I came here to basically say the same thing. I'm so sick of this NFT/crypto scam bullshit.

Comment by haltingpoint at 07/07/2022 at 18:44 UTC

5 upvotes, 0 direct replies

I wouldn't be surprised if this is some product manager's performance review project to get a promotion and they don't care what happens to it after the fact.

Comment by foamed at 07/07/2022 at 22:38 UTC

4 upvotes, 1 direct replies

Here's the direct link without the added AMP garbage[1]:

1: https://en.wikipedia.org/wiki/Accelerated_Mobile_Pages#Reception

Comment by Koltov at 08/07/2022 at 21:10 UTC

2 upvotes, 0 direct replies

Thanks for sharing that video, very good watch.

Comment by [deleted] at 08/07/2022 at 21:18 UTC

0 upvotes, 0 direct replies

I honestly don't understand the hate about ntfs? Why do you HATE them?

Comment by [deleted] at 07/07/2022 at 17:13 UTC

-1 upvotes, 1 direct replies

[deleted]

Comment by ImprovLad at 08/07/2022 at 05:30 UTC

-2 upvotes, 3 direct replies

I love how that video is the only source for anyone's disapproval for NFT's. His bulk list of sources are all tweets, medium blogs, and opinion articles with no peer reviewed research. There are educational articles that disprove a lot of both the hype and anti-hype. Yet people rely on sources like this and then claim to know it all.

It isn't hard to do the math and realize your one year of driving a car is doing more harm than producing a single NFT. That doesn't make headlines however.

I love to hate on successful things too though.

Comment by PENGUINSflyGOOD at 08/07/2022 at 03:04 UTC*

-4 upvotes, 2 direct replies

ah man you've seen line goes up, you must know everything about crypto and nfts. Lol op blocked me after a snarky reply

Comment by Hidalgo758 at 07/07/2022 at 17:25 UTC

-22 upvotes, 1 direct replies

I don't get the hate towards admins and devs. If people are still stupid enough to buy a NFT, I say let them. It's not harming anybody. It's as dumb as it gets but it's no worse than spending money on buying different awards as if their difference mean anything. It's all fugazi anyway

Comment by [deleted] at 07/07/2022 at 21:44 UTC

-9 upvotes, 1 direct replies

That youtube you linked is very lightly researched and factually incorrect in many parts. Guess that doesn’t matter if you have a bias that needs confirmed.

Comment by m2r9 at 07/07/2022 at 20:25 UTC

-9 upvotes, 1 direct replies

They won’t roll back in this. Like it or not NFTs aren’t going away and most big tech executives are starting to embrace them as a new revenue stream.

Comment by magus424 at 07/07/2022 at 17:36 UTC

1 upvotes, 0 direct replies

See also Computer Security 161 Cryptocurrency Lecture

Comment by redalastor at 08/07/2022 at 02:41 UTC

1 upvotes, 0 direct replies

This feels like one of those things where in a few months there will be an update post where Reddit Admins are apologizing for ‘missing the mark’, and telling us ‘we hear you’ when they announce its going away.

They will probably silently drop it like when they announced that they would launch their own token, reddit notes.

Big announcement, then nothing.

Comment by The_oli4 at 31/08/2022 at 08:09 UTC

1 upvotes, 0 direct replies

They are now giving them away for free probably because no one was buying them.