RE: What gives play-to-earn game tokens value?

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I just watched this pretty brutal video about whats wrong with NFTs. Its a 2 hour watch, and its very pessimistic about crypto in general (including what the outcome for the world would be if crypto actually succeeds)
It made me feel like Ive been spoiled on Hive and splinterlands because we actually have a dynamic community and genuinely interesting development, but it would be nice to know if we have some answers to these raised issues.
I for one am not especially technically minded, and Im definitely prone to delusional fantasy about what this technology could do to change the world, so it would be nice to hear some counter arguments from the innovators of the hive community. Do we realistically stand to iron out some of the injustice of the world or are we really just leaning in to yet another way for our lives to become manipulated by the wealthy and powerful?


Id love to hear from some commentators on this, like @edicted and @taskmaster4450 and @lordbutterfly but tag some other folks as well
maybe @khaleelkazi @blocktrades @disregardfiat and people who are pushing the boundaries of the development here.
Sorry to drop your names in it like this, but its a very well put together video and i feel it demands some discussion.

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I might sit sown to watch the whole of this at some point, but scanning thru the chapters it's undeniable that good points aren't being raised. But are we accurately framing these issues? Like Trust services are 15% of GDP(which also means a massive carbon footprint)... that's legacy banking. Privacy coins do exist. DAOs are just a step forward from Representative government. NFTs aren't limited to digital art and ownership... We are on a road, and this road leads to a lot of places. We could go down some dark paths and it's good to be aware of what to look out for.

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exactly. Im sure people are having these discussions, but its important to keep the conversation alive if we dont want to end up in the same old paradigms (or worse!)
Id love to hear your response after watching the video : )
Its a probably a little overly blinkered in its negativity, but its sometimes useful to have that sort of extremity to kick against and shape the trajectory of the community

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Thanks for sharing the vid, it looks right up my alley.

Give me some time to watch and I'll come back...

Do we realistically stand to iron out some of the injustice of the world or are we really just leaning in to yet another way for our lives to become manipulated by the wealthy and powerful?

Without yet watching the vid, my initial take is this.

There is no black and white when it comes to the concept of decentralisation and freedom.

But networks, such as the one being built here on Hive, are laying the foundation for a more equal and free world.

There is always going to be 'wealthy and powerful' trying to take advantage, but as we saw during Justin Sun's takeover of Steem, there are already mechanisms in place to prevent this from happening.

Hive is literally on the cutting edge of answering all the questions that those against crypto have.

It might work in helping humanity, or it might not.

Right now I'm just happy to be a part of it.

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I definitely feel that here on Hive we are part of something very special. If any community has an opportunity to prove the worth of the crypto space its ours. I would love to see the wealth get distributed even more and for the power of the community to grow in width. I guess this is what is happening with community tokens. I just hope that there is enough incentive to keep building towards a positive future, and not for people to sell out or give in. Essentially we need our top developers to be iron-willed and super humanly vigilant in their persuit of awesomeness, because the scales of power will be stacked against us, and empires have historically found many ingenious ways to crush rebellions and new movements. Justin Suns takeover was overt and very public.... how do we propose to hold together if the attacks become more subtle?

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