Thread by @squidlord

I am absolutely not sure how I feel about this. On the one hand – I agree, @Ghost is a great blog writing interface. On the other hand – who wants to buy tickets to read the stuff I write online? Is that sensible?

https://twitter.com/polluterofminds/status/1548407895833726976

1/12

I can already do better than this with #LBRY, anyway, though admittedly the resulting blog is nowhere near as attractive.

(Which reminds me, @LBRYcom , where's the LBRY blog platform Jeremy promised us years ago -- and months ago? 😛 )

But is it useful? 2/12

I'm not a fan of the #NFT world, let's be clear. I think for the most part it's a waste of attention, time, and money you can spend on something useful like ale and whores. 3/12

One of the few things that I can come up with as remotely useful is broadening the idea of the application of an NFT to a generic ticket which represents access to a useful good. 4/12

NFT's are inherently flawed because they do not, in fact, represent access to a useful good as they are generally depicted.

I'm sorry, no amount of words will convince me that your Bored Ape is of any use to anyone. Except scammers. They find them very tasty. 5/12

But as a replacement for things like movie tickets or tickets to a concert or limited access experiences? Okay, maybe there's an application somewhere in there.

But this – this is selling access to blog content. A singular piece of blog content. 6/12

And it's gated behind an NFT, which by default can only be owned by one person at a time and can only be passed off by selling. 7/12

A transaction which, even if the price was epsilon, will cost far more than that because of the ridiculous overhead gas/transaction costs largely driven up by NFTs.

This isn't like selling a book, even an e-book. 8/12

You can't sell 100,000 copies over the counter for $5 USD each. You've slaved it to an NFT. You've screwed yourself.

Or, to paraphrase a better writer than myself, "you spent so much time figuring out if you could you didn't have time to figure out if you should." 9/12

To be fair, that's most of the people interested in the crypto space right now on all sides. Very few of them have any idea what to do with it or why anyone would want to do something with it, they just want to do SOMETHING. 10/12

Show me something handy, like an easy to deploy IPFS-based Ghost instance that will run on a tiny Pi. With built in distributed image/video storage managed with Filecoin.

Or something useful. Anything legitimately useful. 11/12

I'm afraid that's going to completely exclude everything having to do with NFTs. 12/12