China isn't anti crypto because they want to cyberbully the guys on twitter you dislike, they don't like it for regulation reasons and how much power was being abused to mine crypto in China,both of which are pretty legitimate issues. so while they might say Etherium what most NFTs are minted with, is shite, they're not against NFTs or something as a concept
NFTs are dumb at a conceptual level, and I slightly resent China for pursuing the technology. Is it going to have me in tears? No, at the end of the day it's a drop in the bucket compared to the massive, undeniable good China is doing. Do I think it was a bad move? Yes. I'm of course wise enough to be wary of doing a Western Leftist but I think this is clearly not a good thing to do.
I mean it makes sense to do so. It's important for getting people to trade with you - China has a bit of a bad name in this regard so it's understandable to take a proactive approach.
China isn't anti crypto because they want to cyberbully the guys on twitter you dislike, they don't like it for regulation reasons and how much power was being abused to mine crypto in China,both of which are pretty legitimate issues. so while they might say Etherium what most NFTs are minted with, is shite, they're not against NFTs or something as a concept
NFTs are dumb at a conceptual level, and I slightly resent China for pursuing the technology. Is it going to have me in tears? No, at the end of the day it's a drop in the bucket compared to the massive, undeniable good China is doing. Do I think it was a bad move? Yes. I'm of course wise enough to be wary of doing a Western Leftist but I think this is clearly not a good thing to do.
I'm honestly more offended by a Chinese bureaucrat championing IP protections than minting NFTs.
I mean it makes sense to do so. It's important for getting people to trade with you - China has a bit of a bad name in this regard so it's understandable to take a proactive approach.
It's beneficial to control the IP process. Less so to be subjected to it.
But its cynical af to get people to buy into IP by handing out lottery tickets and telling you to defend the system cause some of you may be winners.
Exactly, that's the part I take issue with. It's a system to be tolerated, not welcomed.