So since it all works by the honour system anyway, why would you need a blockcha... | Hacker News

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		user-the-name on Oct 1, 2021 \| parent \| context \| favorite \| on: NFT projects are just MLMs for tech elites So since it all works by the honour system anyway, why would you need a blockchain? You could just store everything in a regular database.

Grustaf on Oct 1, 2021 [–]

If they weren't on the blockchain they would just be jpgs. Nobody would pay 100 k for a jpeg of an ape.

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