# NFT's are Fundamentally a MLM-Type Scam Designed to Get You to Buy Crypto

**URL:** <https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814>\
**Category:** Out Of Pod Experience\
**Created:** [January 22, 2022, 4:48am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814 "2022-01-22T04:48:11Z")\
**Posts on this page:** 20\
**Page:** 23

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**Author:** ![Avaelica\_Kuershin](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/avaelica_kuershin/32/478139_2.png) [@Avaelica\_Kuershin](https://forums.eveonline.com/u/Avaelica_Kuershin)\
**Post date:** [February 13, 2022, 11:22am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/466 "2022-02-13T11:22:39Z")

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Whatever is needed to compute hashes quickly

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 11:37am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/467 "2022-02-13T11:37:58Z")

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Since BTC is still new, and graphics cards where once used to mine BTC, what technology do you think was the basis for what we know as ASIC for btc mining?

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 11:39am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/468 "2022-02-13T11:39:59Z")

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> [@Aaron](#):
>
> what technology do you think was the basis for what we know as ASIC for btc mining?

Again, your question makes no sense. A lot of technologies are used.

So I answer : that’s irrelevant.

And no, there is no GPU inside the BTC ASIC. Otherwise it would be only worse than GPU.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 11:40am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/469 "2022-02-13T11:40:31Z")

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> [@Avaelica\_Kuershin](#):
>
> Whatever is needed to compute hashes quickly

Yes, the difficulty level of BTC gets higher as more coins are rewarded, It takes more hashing power to get the reward.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 11:44am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/470 "2022-02-13T11:44:03Z")

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> [@Anderson\_Geten](#):
>
> And no, there is no GPU inside the BTC ASIC. Otherwise it would be only worse than GPU.

No, just a chip that has as many cores as a GPU and can perform exactly the same function as a GPU only faster because there’s an array of them. of course not.

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**Author:** ![Avaelica\_Kuershin](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/avaelica_kuershin/32/478139_2.png) [@Avaelica\_Kuershin](https://forums.eveonline.com/u/Avaelica_Kuershin)\
**Post date:** [February 13, 2022, 11:44am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/471 "2022-02-13T11:44:19Z")

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An ASIC designed specifically for hashing is superior to a processor designed for other operations. At the very least, you’re not wasting silicon on unneeded functionality.

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 11:47am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/472 "2022-02-13T11:47:55Z")

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> [@Aaron](#):
>
> No, just a chip that has as many cores as a GPU and can perform exactly the same function as a GPU only faster because there’s an array of them. of course not.

You are wrong, again.

BTC ASIC can’t perform the same things as GPU. Otherwise they would just be worse GPUs.

When will you stop claiming that “general purpose” is the same as “application specific” ?

Seriously, you are full of ■■■■. You have no idea what you are talking about. You are not intellectually able to understand when you are getting scammed or not.

You don’t know what a GPU is. You don’t know what a GPGPU is. You don’t know what an ASIC is. Yet you claim they are the same.

You are a pathetic idiot. I would not care if you were not trying to scam people.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 11:54am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/473 "2022-02-13T11:54:23Z")

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> [@Anderson\_Geten](#):
>
> BTC ASIC can’t perform the same things as GPU. Otherwise they would just be worse GPUs.

Incorrect, I can still mine BTC directly with GPU’s, It just wont be profitable. but the GPU’s will still hash on BTC.

So a GPU can do the exact same functions as a BTC ASIC miner just a lot slower. this is fact.

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 11:55am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/474 "2022-02-13T11:55:31Z")

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> [@Aaron](#):
>
> Incorrect, I can still mine BTC with GPU’s, It just wont be profitable. but the GPU’s will still hash on BTC.

Learn to read.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 11:59am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/475 "2022-02-13T11:59:02Z")

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I know you’re not interested in facts, but I posted a fact for you.

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 11:59am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/476 "2022-02-13T11:59:32Z")

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You are saying ■■■■.

Also you are wrong.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 12:00pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/477 "2022-02-13T12:00:20Z")

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No I am 100% correct, a GPU can mine BTC (just not profitably).

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 12:00pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/478 "2022-02-13T12:00:53Z")

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No you are wrong, not all GPUs are Turing-complete.

Again a “fact” that is more stupidity.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 12:04pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/479 "2022-02-13T12:04:38Z")

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You infact have no clue. when BTC was first launched the difficulty was very low. so one could mine 100s of them on a laptop at first.

The difficulty is much higher now so more processing power is needed, this is the ONLY thing that has changed the difficulty going higher. So factually I am correct. I can still mine BTC with a GPU but will only earn a very minor amount.

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 12:06pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/480 "2022-02-13T12:06:32Z")

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> [@Aaron](#):
>
> You infact have no clue.

Yeah, dodge the point with personal attacks.

There was GPUs that were not turing complete. Your “fact” is actually wrong.

> [@Aaron](#):
>
> I can still mine BTC with a GPU but will only earn a very minor amount.

This does not imply that

> [@Aaron](#):
>
> a GPU can do the exact same functions as a BTC ASIC miner

Which is wrong.

Logic101

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 12:14pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/481 "2022-02-13T12:14:27Z")

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> [@Anderson\_Geten](#):
>
> Which is wrong.

How would you know, you think BTC is a scam so explain what has given you the impression it is impossible to mine BTC with a GPU?

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 12:16pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/482 "2022-02-13T12:16:09Z")

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> [@Aaron](#):
>
> How would you know, you think BTC is a scam so explain what has given you the impression it is impossible to mine BTC with a GPU?

You claim things that are wrong.

Also you are making a strawman, again. I did not say that.  
Just as you started with a false quote and I answered L2R.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 12:17pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/483 "2022-02-13T12:17:04Z")

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You claimed a GPU can’t perform the same thing as an ASIC right?

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 12:17pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/484 "2022-02-13T12:17:29Z")

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unrelated. State your point or STFU.

ASIC and GPU are not the same things. They are built with different goals in mind, and different approaches. GPGPU especially are the OPPOSITE of ASIC.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 12:18pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/485 "2022-02-13T12:18:18Z")

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You’re even trying to ignore your poorly researched claims.

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