It’s not better if your master stops his friend from beating you and throws a scrap from the table.

It wasn’t a scrap, it was exactly what they were asking for. And it was achieved without a strike that would have cost the economy billions. You are putting words in the unions mouth when their own words are right in front of you. They did not have to thank Biden. If they felt that Biden had “castrated” them they would not have spent so much time praising him for his help.

Railroads now know they never have to negotiate again

Well, except for this time… when they did exactly that. Not sure why you think next time would be different.

Don’t get me wrong, I think everyone should have a right to unionize and I don’t think that Biden should have passed that law. I’m simply calling attention to the fact that Biden still fought hard to give the rail workers what they deserved, while still averting a strike, and was successful. To simply say he “castrated” the union and leave it at that, is ignoring the reality of the situation.

I wish more people knew this! I couldn’t even find a news article with this info. The site I linked is the unions official post.

Biden prevented the strike but continued to fight for rail workers rights. And they ended up getting what they wanted!

After months of negotiations, the IBEW’s Railroad members at four of the largest U.S. freight carriers finally have what they’ve long sought but that many working people take for granted: paid sick days.

“We’re thankful that the Biden administration played the long game on sick days and stuck with us for months after Congress imposed our updated national agreement,” Russo said. “Without making a big show of it, Joe Biden and members of his administration in the Transportation and Labor departments have been working continuously to get guaranteed paid sick days for all railroad workers.

“Biden deserves a lot of the credit for achieving this goal for us,” Russo said. “He and his team continued to work behind the scenes to get all of rail labor a fair agreement for paid sick leave.”

https://www.ibew.org/media-center/Articles/23Daily/2306/230620_IBEWandPaid

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A QR code is a link. Who hosts the site? Who is going to pay for the infrastructure, let alone the engineer to set it up? An email has the same problem, what mail server is going to send the email? How do you ensure someone can’t duplicate a ticket? You can’t just make that out of thin air. These systems cost money to create and implement, which is not approachable for individual artists and venues. An NFT takes care of all of that and does it very well at very low cost. Not to mention, the lack of a middle man means all money (besides a small fee to operate on the decentralized network) goes directly to the artists/venue)

I disagree that being able to prove ownership is not a common use case. NFTs aren’t useful in every situation, but when proof of ownership is involved, NFTs are relevant.

Another example of this could be a digital license. Say that you purchased a lifetime license to a piece of software (maybe even a game). You could sell/trade the license to another person on your own terms. I really like this idea because we don’t really “own” any digital goods we purchase now days. If you have a physical game you can sell it to a friend, why not the same for digital ones?

And yes, while they can be stolen, that is not the security they provide. Anything can be stolen. NFTs can’t be forged.

Also want to say thank you for actually asking a question and not just trying to dunk on the whole concept!

Tickets and receipts are interchangeable. It is an item that shows proof of ownership.

Artists and venues are not capable of building their own ticketing and distribution platforms, which is why companies like Ticketmaster exist in the first place and come with exorbitant fees.

I, as an individual with no funding whatsoever, can create NFTs that could act as tickets to an event while guaranteeing that the tickets can’t be forged.

I honestly do not see how it’s inefficient. The cost is incredibly low. The network almost all NFTs use (Ethereum) has reduced its energy consumption by 99.99% since switching to PoW. From an end-user perspective it would be no different than purchasing a ticket from any other digital storefront. Paying $25 in fees on a $50 ticket is inefficient. Every venue building their own ticketing system is inefficient.

I feel like so many people think I’m some crypto maximalist when I talk about how NFTs are not entirely stupid. NFTs are such a general idea it makes no sense to say that they have no valid use cases unless you believe that all decentralized networks (including the fediverse) are dumb.

As another user said, the NFT is the ticket. A ticket is basically a receipt when you think about it, which is why it makes sense as a use case. It shows that you have purchased a unique item (the seat) and grants you access to it.

The artist/venue could make a ticket independently and without NFTs. They would then have to make them in a way that couldn’t be forged, and would have to create a distribution system. None of that is simple for an independent artist/venue to implement. By using an NFT all of that is handled by the decentralized network.

Again, that was simply an example to help demonstrate how NFTs have more use cases than just a picture of a monkey

All an NFT is, is a way to prove ownership of a digital good. Think of an NFT not being the item itself, but a receipt that you can use to prove you own said item. You’re probably only familiar with this concept being applied to images, but that’s just one application.

NFTs function very similarly to cryptocurrency with one notable exception, they are not fungible. If we both have a bitcoin and decide to trade them, we both end up with what we started because bitcoins (much like any currency) are fungible. NFTs represent unique items, so they can’t all be treated as equals. That’s all an NFT is at its core, a digital proof of ownership of an item that is unique.

This is my go to example for an alternative use case for NFTs:

You know how Ticketmaster sucks right? Imagine if instead of buying tickets through TicketMaster you bought them directly from artists/venues as an NFT. At the gate you can show that you have the NFT in your wallet which proves that you own the ticket. Instead of Ticketmaster taking a massive cut, you pay a (comparatively) much smaller fee to the decentralized network that processed your transaction, and the entirety of the price of the ticket goes to the venue/artist.

I find that people frequently hate on NFTs because they don’t understand how truly generalized of a concept it is. There are so many ways this technology could be applied, but it’s so new! It takes time for people to conceptualize, develop, and implement this stuff. And with decentralization at the heart, it usually has to happen without a major corporation backing development. So be patient, have an open mind, and know that even I think bored ape NFTs are dumb as fuck

Source: ex /r/CryptoCurrency mod 😛 Happy to chat more about it if you’re curious!

^ The only person in this thread who actually knows what NFTs are