• niucllos@lemm.ee
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    5 months ago

    Sure, but so do a lot of other things that aren’t as costly. If NFTs were the first secure way to authenticate things online we wouldn’t have had online banking until very recently

    • Imacat@lemmy.dbzer0.com
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      5 months ago

      True but trust is hard to establish in decentralized platforms like the fediverse. As far as I’m aware the only decentralized banking is unfortunately cryptocurrency.