[web4]

it’s easy to dismiss nft and the like if you are dead-set on your opinion that it’s all ponzi, but it is making traction in art and media: see Christie’s and Sotheby’s and a variety of notable artists and galleries not to mention Meta, Spotify and other platforms.

> you can just use cash?

this question sorta gets at one of the primary values of crypto, that it’s peer to peer, transferred non custodially and pseudonymous. many countries are moving away from cash into digital only forms of transactions, and having a system that upholds peer to peer transactions can be useful.

replace abortion in that example with other legally questionable actions depending on your state. maybe buying marijuana or psilocybin for medical purposes, paying somebody like Edward Snowden for giving a lecture, or purchasing a VPN subscription. for citizens who are rebelling against their state in some way, such as abortion rights protests, or climate activism like extinction rebellion, or a person that lives in a less democratic regime, it may be desirable to use certain crypto systems to mitigate state oversight.

https://www.nytimes.com/2022/05/14/style/abortion-crypto-don...

[Closi]

> it’s easy to dismiss nft and the like if you are dead-set on your opinion that it’s all ponzi, but it is making traction in art and media

The point is it's not buying art though.

I can sell you an NFT of my house, and promise to only ever mint one NFT of my house, but that's different to selling you my house.