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Asklemmy@lemmy.mlEnglish · 1 month ago

Why don't they just make NFTs of all the Middle Eastern oil and sell it on the blockchain, thereby circumventing the strait of Hormuz?

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Why don't they just make NFTs of all the Middle Eastern oil and sell it on the blockchain, thereby circumventing the strait of Hormuz?

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Asklemmy@lemmy.mlEnglish · 1 month ago

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buckykat [none/use name]@hexbear.net
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1 month ago
I drink your slurp juice, I drink it up!
HiddenLayer555@lemmy.ml
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1 month ago
Because it would probably take more energy than the oil itself contains
- dx1@lemmy.ml
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  1 month ago
  Ethereum NFTs use a microscopic amount of energy, it’s a proof of stake blockchain.

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