Am I the only one who loves BTC but hates the Metaverse idea and the NFTs?

[Quidat]

When the start of the NFT like recently the Play to Earn games many people engage with the crypto world and now they make investing in it without having prior knowledge and now they are blaming the devs because it takes their money. To those people who invested in a good project good for you because you earn up immediately. Next is the NFT art trend imagine they can earn more than some of us because they are just flipping an art at some point we envy them because they earn more than we currently earn we cannot remove this. Still, this is a good thing that many people now support the use of crypto just sometimes annoying when think they know how to market and create speculation.

You would really expect something like this on which people would really be rushing off things because you dont like to miss out the bandwagon thats why its very common to have this kind of
actions made out by investors specially newbie ones which they do tend to believe that making profits was too easy or as simple as this but once they do experience
those losing investment then this is the time that they would really be wise on choosing which one later on.

[wxa7115]

I don't find any real usability for this Metaverse: actually I think it will only make people and society dumber and closer to the Idiocracy movie. Spending time online wearing some stupid glasses it's a no no for me. Also the NFTs are a waste of time and money, I wouldn't buy useless digital shoes and buildings. I love BTC and have diamond hands but these 2 things I'm not a fan of and I know I will never be. Society needs to become wiser not dumber. Living in a digital realm sucks, I'm a human being not a stupid machine. Rant over.

You're definitely not the only one that has thing opinion. The Metaverse aka controlling a virtual avatar in a 3d world seems to be a perpetual idea that gets re-imagined every ten years and someone tries to give it a big push. Granted each iteration gets steadily better (anyone remember second life?) and what Zuckerburg claims to want to do this time might be a wild leap forward, but ultimately it's just a virtual world - a step away from reality. NFT's seem like a gigantic waste of money, the sellers are rolling in money and the buyers seem to be easily influenced people who must be the type to waste money buying a lot of virtual junk, 99% of which will be worthless in a couple years.

While I agree I think this time around there is going to be a big push for this idea to become a reality, Facebook is losing members on their platform for a variety of reasons so Zuckerberg is trying to find another way to keep them or to even increase the number of people using his platform and he thinks the metaverse is the right way to do it.

This means that he will invest a fortune in order to make this a reality, and if enough people buy into the idea then it is likely we will see the metaverse gaining traction and then becoming incredibly popular.

[Victorik]

You are not alone on this table mate. I don't just know why the metaverse and NFT trends doesn't just appeal to me at all. But like they say, follow the trend, don't fight it.

[stomachgrowls]

You are not alone on this table mate. I don't just know why the metaverse and NFT trends doesn't just appeal to me at all. But like they say, follow the trend, don't fight it.

Why need to fight if you could just simply ignore? but you should be sure that you wouldnt be feeling off any regrets if you do see some opportunities which could possibly make you rich.

Even myself doesnt really love the idea of NFT's specially if it do focuses most in being collectors item which i dont really see any actual usage but its true
that trend is trend and theres nothing we could do about it as long it do shows up some interest and demand then it surely stays.

[Cryptmuster]

Why need to fight if you could just simply ignore? but you should be sure that you wouldnt be feeling off any regrets if you do see some opportunities which could possibly make you rich.

Even myself doesnt really love the idea of NFT's specially if it do focuses most in being collectors item which i dont really see any actual usage but its true
that trend is trend and theres nothing we could do about it as long it do shows up some interest and demand then it surely stays.

Perhaps some nfts can be equated with collectibles, like art, but most of them are useless and worth nothing. I am an adherent of the fact that it is better to buy some valuable item in the real world than to buy some incomprehensible thing in the virtual world. But it’s definitely not worth fighting this, ignoring will be a good option.

[Mauser]

Also the NFTs are a waste of time and money, I wouldn't buy useless digital shoes and buildings. I love BTC and have diamond hands but these 2 things I'm not a fan of and I know I will never be. Society needs to become wiser not dumber.

I understand your frustration, bitcoins and NFTs are two completely different things. NFTs don't have one fixed value, there are very subjective and the prices we see today might be too much. But who can give the exact value for an NFTs, it can't be 0. Just because you don't believe in them doesn't mean everybody else is also not believing. As long as there is one person on earth willing to pay for it, is there value in the market. Let's look at a different example, skins in online games. Why would anybody pay 50,000 USD for a very rare cosmetic change to an online game? There are no benefits in skins and if you ask my parents or grandparents the value for it would 0. And still there are collectors paying a lot of money for them. You could just install a mod on your PC for free that gives you that skin, only thing is that you don't own it and can't trade it.

[Wexnident]

I used to be entranced at the idea of NFT's, like when I understood what it meant. But when I entered the scene, oh boy was I immensely disappointed. It was full of hype instead of concrete, well, foundation imo. It's like the original purpose went poof all of a sudden at some point of it being used. Kinda liked it as well since I really wanted some support to happen for digital artists.

As for metaverse, I gave up on actually trying to understand it after a certain point and decided that nope, this ain't my thing and I'm out. I understand the idea, but eh idk, it just seems way too dumb. Like it was an idea that was overcomplicated with jargon so most people would think it's actually an innovation of sorts.

[Richardtolson1]

I don't find any real usability for this Metaverse: actually I think it will only make people and society dumber and closer to the Idiocracy movie. Spending time online wearing some stupid glasses it's a no no for me. Also the NFTs are a waste of time and money, I wouldn't buy useless digital shoes and buildings. I love BTC and have diamond hands but these 2 things I'm not a fan of and I know I will never be. Society needs to become wiser not dumber. Living in a digital realm sucks, I'm a human being not a stupid machine. Rant over.

Well ... its all about every user how they will handle the Metaverse situation .... times are changing .... everything is digitalised and we have to adapt. I agree with you that some people will get dumber and they will probably forget to take of the VR and slowly die in front of their pc ) .... But there are probably good things also .... i mean NFT's are an interesting thing, some projects skyrocketed maybe to much .... but owning digital art is kinda cool.

[wxa7115]

Also the NFTs are a waste of time and money, I wouldn't buy useless digital shoes and buildings. I love BTC and have diamond hands but these 2 things I'm not a fan of and I know I will never be. Society needs to become wiser not dumber.

I understand your frustration, bitcoins and NFTs are two completely different things. NFTs don't have one fixed value, there are very subjective and the prices we see today might be too much. But who can give the exact value for an NFTs, it can't be 0. Just because you don't believe in them doesn't mean everybody else is also not believing. As long as there is one person on earth willing to pay for it, is there value in the market. Let's look at a different example, skins in online games. Why would anybody pay 50,000 USD for a very rare cosmetic change to an online game? There are no benefits in skins and if you ask my parents or grandparents the value for it would 0. And still there are collectors paying a lot of money for them. You could just install a mod on your PC for free that gives you that skin, only thing is that you don't own it and can't trade it.

We know that the price of something is subjective and at the end it depends on how much money people want to pay for it, however if that something has some kind of usefulness then it is way easier to justify its high price.

The issue with the majority of NFTs is that they depend exclusively on this perception of value to have a high price, this is something that also happens in the art market in which the materials used to make a painting are very cheap but the painting itself could be worth millions of dollars, however if we try to look at NFTs through the same eyes then the majority of them do not hold any value as art either, and as such their price will eventually match their value which is zero.

[DapanasFruit]

Seems to me that you are not alone as there are really people who are convinced of the value of Bitcoin and maybe other top altcoins but could not see the same value in NFT and the trending Metaverse thing. Well, i would say that with the way things are in both NFT and Metaverse, there are many elements that are not yet desirable. As for NFT, my mind is having hard time why would an image of a rock can be costing a lot when there is no real use-cases for the same except maybe if you love to be staring on that rock for days (just kidding). Now, with metaverse, experts are saying that this can be the next big thing and though I would agree to some extent I still prefer to be existing in the real world all because I could not anymore find the time for things I want to do within the 24-hour day frame but then again if the metaverse can offer me a 100-hour per day maybe I would consider the offer (again, just kidding).