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Message: <blockquote data-quote="CleverNickName" data-source="post: 9378026" data-attributes="member: 50987">Guilty as charged.  Since you asked in good faith, I'll respond in good faith...but before I do, I wanna be clear that I don't want to turn this thread into another "What Is So Bad About NFTs?" thread.  We already have several of those on ENWorld.So to answer your question:<ul> <li data-xf-list-type="ul">The way they're marketed.  I don't like the predatory nature of their promoters, and the shady means and methods they use to convince investors to buy in.  The same "get rich quick" whale-bait, but also false promises, pyramid schemes, viruses and browser-jackers to mine cryptocurrency, scams, "<a href="https://www.youtube.com/watch?v=pLPpl2ISKTg" target="_blank">pig-butchering</a>," you've seen what I'm talking about.</li> <li data-xf-list-type="ul">The way they function.  NFTs are rife with plagiarism, counterfeiting, money laundering, and fraud.  Whenever tokens reach any real monetary value, they are quickly copied and faked, causing their value to plummet.  People using them have very little protection on their investment from bad actors--and it's very easy to act badly.</li> <li data-xf-list-type="ul">The impact on the environment.  The energy needed to power cryptocurrency "mining" alone is irresponsible and wasteful--banks of dozens (hundreds?) of computers running full time 24/7, for a single user.  I've heard the argument that this is only a temporary problem, that technology will soon improve so that computers will use less power--but that will only enable people to use even more computers, not less power.</li> </ul>Your mileage may vary, depending on who you ask.</blockquote>

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