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Con-call with 3 collegues. All #Banking #Security pros. They noted, via twitter, I had attended the @SCSpikes #NFTClassic. Asked me if I was into #NFTs, he is. No. I'm not. I'm like #baseball. Why? Three Reasons. I was asked by them to post my response.
1 - #Crypto/#Blockchain, like all complex mathematics fascinates me. I love it from a technical perspective, AND have worked on two functional commercial applications. But as an operational Day2Day transactional currency? It is loony-tunes impossible to make it pencil.
I was hired by a major credit card company to write a think piece on a 100% of the annual transaction and settlements. One major credit card company on blockchain by year 5 would consume 12% of the world's electrical generation. That alone...is nuts.
