Comment on After the 6th payment the burrito is mine 💀💀💀

Zwiebel@feddit.org ⁨6⁩ ⁨hours⁩ ago

• FishFace@piefed.social ⁨6⁩ ⁨hours⁩ ago

  The correct understanding of NFTs has always been trivial: they’re certificates. What they certify is not determined.

  Anyone telling you anything else is either lying, or a moron (or has been lied to, which is not incompatible with being a moron).

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  • Grail@multiverse.soulism.net ⁨2⁩ ⁨hours⁩ ago

    It’s a bitcoin that can’t be swapped for other bitcoins, right?

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    • FishFace@piefed.social ⁨2⁩ ⁨hours⁩ ago

      Yes that’s also true… I would venture that it’s not as useful in general to understand the concept though :)

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• spicytuna62@lemmy.world ⁨5⁩ ⁨hours⁩ ago

  Replace “token” with “title” and “monkey” with “car,” and you’ve got a formula most people understand.

  I own the title, but I don’t own the car.

  Unlike the monkey, you can go find the car in the real world.

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  • surewhynotlem@lemmy.world ⁨4⁩ ⁨hours⁩ ago

    But eventually you own the car. You never own the monkey.

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• ICastFist@programming.dev ⁨5⁩ ⁨hours⁩ ago

  Nooo bro, I totally OWN that jay-peg bro, you can look it up bro, the token is non fungible bro, do you even know what that means, bro?

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