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My view is definitely that Bitcoin solves a problem I don't have, in just about the worst way possible (proof of work).
I also feel positive that it’s being picked up and spun for political reasons. Just like it was previously ignored for political reasons. That’s a reason to be skeptical of the actions we’re being told to take, not of the fact that it’s happening.
The important thing is we demand that our leaders (gov and corporate) step up and apply pressure. China has to prove there is not a genocide happening - or we need to take action to stop it.
That said, yes, in theory you have to be alert, as the car in front of you can at any moment do something unexpected. (Eg. the driver falls asleep and crashes into the barrier.)
I truly, genuinely have no idea who's bidding on this, or what their reasoning is. In fact, I'm not sure I understand the concept of NFTs at all. In the physical world, fine art holds its value because there is exactly one of each painting, and the human hoarding impulse nurtures a sense of reverence towards originality. However, art "sold" via NFT is still accessible and available for anyone to appreciate and download. I don't have to ask for permission from the owner to look at the art, or even go to a specific location (like a gallery for a physical piece). I can just download the art to my computer and stare at it whenever I want.
The only argument I've seen for NFTs is that many famous artworks have prints made, that are cheap and available to everyone. The original painting is expensive and owned by a single person, but anyone can have an imitation hanging on their wall. I don't know that I buy the translation of this concept to the digital world, because prints are very obviously not the actual piece (not least because they're printed and not painted). If I download an image or video, or grab a link to @jack's tweet, I have the exact same configuration of bytes that the "owner" has. In the case of a link, I'm staring at the exact same thing the "owner" is, and the fact that it's on a reputable website means I'm not looking at a fake - thus providing the same guarantee as a certificate of authenticity. Hell, there's even a cryptographic element, since the site will use TLS for encryption.
Am I missing the paradigm here? Or is this just the method by which crypto millionaires will become crypto penniless?
(https://www.theguardian.com/lifeandstyle/2019/may/25/women-h...)
I don't disagree homemaking should be less stigmatized, but the real problem is American startup culture that expects this kind of around-the-clock all-in hustle mentality. The vast majority of businesses are actually just small firms with a few people that make a decent living. That's the lifestyle that should be celebrated and desirable. There's no reason running a business can't be compatible with having a family, we just need to re-define what it looks like to run a company. The focus should be on sustainability and balance, not growth at any cost.
Wealth inequality leads to inequality of opportunities which causes inconsistent experiences of the same economic system and causes polarization. One side's experience is characterized by constant struggle with repeated and almost inescapable failure (obvious glass ceilings everywhere)... The other side's experience is characterized by repeated success with little effort required and so they think that people on the other side must be extremely lazy or stupid.