There's the uncanny resemblance between these profit-driven grifts and pyramid schemes, but there's also the philosophical concern that things like cryptocurrency represent a libertarian ideal founded in paranoia about institutions, and about other human beings. That, Venturelli says, is in part why they're so inefficient in the first place.
I don't quite understand this. I guess we should have pure and unwavering trust for the corporations around us? All the tech companies that people complain about all the time that they can't trust for numerous reasons? Or I guess people should be okay with electronic payments going through a handful of companies (Visa, MasterCard, etc.)? I wouldn't mind an alternate to giving those corporations a cut of everything.
Of course there's distrust. He acts like there shouldn't be. There shouldn't be that distrust, but anyone who's paying attention knows that's an idealistic world in some parallel dimension.
Or maybe we should trust those companies that will pull games (like UbiSoft)? Why shouldn't we trust a company that sells a game that, in a couple of months, will no longer be playable? I could go on about the scummy things that companies do.
Investors see potential value in South America right now due to exploitable political and economic instabilities, which for Venturelli means that presenting his counterargument is more important than ever. "If we don't take up some spaces, and we let these kinds of people take these spaces, suddenly they're dictating what's the future, suddenly they're taking the investments so that they are building our next big projects," he said. "That's when it starts to get really dangerous, because it can jeopardize our future as an industry, in my opinion. Because I don't feel like these things have long legs. I feel like they might be successful in the short term, but they are going to fall on the long term for sure." [He went on to say:] "Right now we are living in a crisis of trust in Western society -- trust in each other, in institutions, and even in our future together is in decline," Venturelli says. "We should be building systems that help connect people and build trust, build sustainable solutions, and build infinitely scalable human solutions. We should not be shifting away from culture, entertainment, and storytelling towards economic activity. We should not just be eliminating the final hiding places that we have to run away from the oppression of capitalist society."
This kind of sounds like the gamers that started to panic around the time Gone Home came out, and some of them thinking that most future games would be walking simulators because several websites heaped awards on the game. No Mr. Paranoid, the Nifters are not going to prevent you from making non-NFT games. I don't see NFTs becoming ubiquitous in gaming anytime soon.
Fuck, I don't even have anything to say about NFTs. This guy sounds like he's using his hate against NFTs to try and tell people that they should just trust companies and corporations.