Aren't hats basically just NFTs, but without the weird crypto blockchain ♥♥♥♥?

[Sigfig]

Seems that way to me. Never understood why somebody would spend like 10k on some 1's and 0's on a video game server.

[Commander Moron]

Yeah, watch all te TF2 players say "ITS NOT THE SAMEE!!!!! I CAN SEE IT WHEN I DIES!!!!" though

[Enter new website now!]

i am a hungry hungry hound please feed me digital 1 and 0 i live in a digital world please please i am the hungriest digital hound in my pack thry wont feed me their scraps, even it is soooo sad i am the hungriest hound please please please i am adorable i lost my mother hound i am just a digital baby

[Dick Riggley Cole Pepper, FBI]

"Its just 1's and 0's! Hehe!" mfs when their SSN, password, email, credit card information, address, full name and birthday get leaked online and they're subject to identity theft (its all just 1's and 0's so it doesnt matter or something)

[rpgundark]

Some people just like a certain look or want to stick out

[radiating soul]

aren't hats just NFTs, but without all the stuff that makes them NFTs?

[Sigfig]

Originally posted by mk ultra phrase: gorilla nest:

"Its just 1's and 0's! Hehe!" mfs when their SSN, password, email, credit card information, address, full name and birthday get leaked online and they're subject to identity theft (its all just 1's and 0's so it doesnt matter or something)

It provides some actual value within society. A hat is basically just an NFT.

[zengonda]

in the tf2 lore, hats ARE sources of prestige and power. the more hats you have, the higher in the social higherarcy you are. so, people are just immersing themselves into the canon.

[Fireschlong #2Broke4MannUp]

The core difference between TF2 hats and NFTs is that hats are stored on a centralized server, while NFTs are on a decentralized network. They are essentially just different solutions for the same problem (how do we store digital objects owned by individual players?). That's the only important difference, anything else is fluff.

Calling hats worthless because hats are basically NFTs, and NFTs are famously worthless, is inaccurate though. That being said, hats are definitely luxury goods. You don't need fancy jewellery either, but some people buy expensive necklaces, watches etc anyway, when a cheaper item would probably accomplish the same thing. You don't need to understand why a Rolex watch is so valuable when you could tell the time on a 10€ watch just fine, but it is. Besides "supply and demand", I don't understand it either.

Items in video games being virtual doesn't really change much compared to their physical counterparts if people agree that they have a value. Meanwhile most NFTs are worthless now because people lost interest as soon as the bubble burst, therefore the value crashed. The same could happen with TF2 or CS2 items as well as (for example) physical, real-life gold for any reason. For more information on that, look up "Tulip mania" on the internet.

[evelessence]

well they're living proof that NFT's are completely unnecessary because people already had digital ownership over items

[Yellow Dice]

They are but they have more value than nft those have literally no value lol.

Traders don't even care tf2 is dead or unplayable they only care if their funny pixels have trading and sale value still.

[Sigfig]

Originally posted by evelessence:

well they're living proof that NFT's are completely unnecessary because people already had digital ownership over items

I mean that's correct, but I would state there are tangible reasons you'd want to utilize decentralized NFTs instead of the traditional centralized database. Decentralization reduces the single point of failure problem if it's implemented correctly, there's a significant reduction in one person having a bunch of power over the database, increases user freedom if implemented correctly, reduces server costs to the database's creator, etc.

Originally posted by Yellow Dice:

They are but they have more value than nft those have literally no value lol.

I mean, I think most people who know about NFTs already understand NFTs are sold for ♥♥♥♥ all now.

Originally posted by zengonda:

in the tf2 lore, hats ARE sources of prestige and power. the more hats you have, the higher in the social higherarcy you are. so, people are just immersing themselves into the canon.

There's probably an NFT out there like that too.