I'm a bit of a fan of the whole cryptocurrency thing, the early scope of the concept anyway, replace money, programmatic agreement enforcement, creating financial assets that can't be controlled, incentivizing things that need incentivizing and all that. It's interesting stuff.
But this whole metaverse and play to earn is obvious nonsense.
But then, if you show me a slot machine and explain it to me in plain English, that it pays out less than you put in, that it is designed to addict you, that you sit there sticking quarters in and pulling a handle all day, I'd laugh at you before I stuck a dollar in the thing. But people do. All the time. So I'm not so sure this nonsense is going to crash and burn, but I'm certain it isn't worthwhile in the least.
Well the idea behind bitcoin and what not is to use it as money. You might not think it fits the bill but that's the idea, and I think it's a good idea, whether or not execution in it's current state is sufficient.
We have a court system primarily because it was the most efficient way before. It is older than computers, it exists because there was no other way, not because writing logic is hard, although it is. But there's a trade off, if we assume you can never write logic to handle laws then you accept that you will always create a position of power from which law can be abused.
But this whole metaverse and play to earn is obvious nonsense.
But then, if you show me a slot machine and explain it to me in plain English, that it pays out less than you put in, that it is designed to addict you, that you sit there sticking quarters in and pulling a handle all day, I'd laugh at you before I stuck a dollar in the thing. But people do. All the time. So I'm not so sure this nonsense is going to crash and burn, but I'm certain it isn't worthwhile in the least.