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10.12 - 20:23
Edward Snowden says gamers could be vulnerable to exploitation using NFTs
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National Security Agency whistleblower Edward Snowden said he was concerned with how some privileged individuals or firms in the digital space might be able to use nonfungible tokens, or NFTs, in the gaming industry.
Speaking with Ethereum co-founder Gavin Wood at the BlockDown DeData online conference on Friday, Snowden said though he had seen some use cases for nonfungible tokens to raise funds for causes, he expressed concern with the technology “creeping into gaming.” The whistleblower described certain aspects of the metaverse as “horrible, and heinous, and tragic” for aiming at capitalizing on users’ virtual escapes.
“We have people that are trying to [inject] an artificial sense of scarcity into a post-scarcity domain,” said Snowden.
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