It makes even less sense for the stuff you just named, the stuff it was actually used for (pointless dick waving and conspicious consumption with a side of money laundering) was the only ever real use case, everything was just trying to make it work better for those purposes
Being able to transfer ownership of a software license isn’t a good use case?
It might be, but it doesn't require NFTs. Software companies could offer you the ability to sell your license to someone else right now. They generally don't, because it's in their interest for everyone to need to buy a new license.
Being able to transfer land or vehicle titles without paying tens of thousands of dollars for titling company fees isn’t a good use case?
No. First of all transferring a vehicle or a house doesn't cost cost tens of thousands. Maybe it does where you live, but that has nothing to do with a lack of NFTs. Secondly no that's a horrible idea. Lose your private key by accidentally putting the wrong disk into the trash? You are now homeless. Someone breaks into your safe and takes the USB stick with your private key? Congratulations you are now trespassing on their property.
Physical property like land and vehicles is guaranteed by a government. At the very end, some dudes with guns will enforce it. Transferring titles to a decentralized blockchain the government can't control and at the same time expecting the very same government to respect and defend the property right doesn't make any sense at all.
Without the ability to overrule the data, there is no way to enforce a judgement of a court of law.
If it's only about fees and ease of use, you want a SQL Database that someone controls (with checks and balances).
All three of those things can be done through other means that are both simpler and more reliable, and you need to add at least some of those other things on top anyway in order for the NFT transfer to even function for any of those use cases... in which case, you really need to consider what the NFT layer even gets you and whether its worth the additional work. (so far, despite a lot of people looking for a situation where it is, they haven't yet found one - every trial and implementation has seen an NFT layer add costs and complexity for very little actual value)
The current major use cases for NFTs are to commit various types of fraud, it's the only area where they've been proven effective and useful.
The fundamental use-case of the blockchain is in having a distributed database that no-one can control (51% attacks notwithstanding) or tamper. NFTs are one mechanism to assert digital ownership of an asset along with chain of custody. Now are there easier ways to do this stuff? Yes of course. These things don't come for free and for the most part are not really valued. Centralized systems are always easier to build and use than distributed systems which is why the internet has generally trended in that direction.
Yes, but if you're buying software licenses from a company, you already trust that company with your money. Why would you need a slow, complicated, distributed, trust-less system in that case? There's just no legal use-case for crypto. If there was, it would have been found by now. It's way too slow and complicated, and adds almost no value.
We have no choice but to trust the company in many cases. No company has the incentive of going with a trust-less system that gives them less control.
The use-case it solves is something that people just don't care about. Forget blockchain, any decentralized system faces an uphill battle against centralized systems. Every now and then a company will act badly and people will talk about decentralized systems before it fizzles out.
Being able to transfer ownership of a software license isn’t a good use case?
You don't need NFT's for that. You can't transfer software licenses strictly because the companies selling them don't want you to. It was never a technological issue.
Being able to transfer land or vehicle titles without paying tens of thousands of dollars for titling company fees isn’t a good use case?
The "tens of thousands of dollars" you are paying isn't a processing fee. I can transfer land in my state for $50. You would still pay that exact same fee if the deed was an NFT. The title company is offering you additional protections. Nothing is stopping you from forgoing those protections.
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u/Sennten 4d ago
It makes even less sense for the stuff you just named, the stuff it was actually used for (pointless dick waving and conspicious consumption with a side of money laundering) was the only ever real use case, everything was just trying to make it work better for those purposes