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I might see how this could work with a movie or music file, but not an image. The premise behind the value is the exclusive ownership of the image. But you can
by tenaciousDaniel 9y ago
I might see how this could work with a movie or music file, but not an image. The premise behind the value is the exclusive ownership of the image. But you can just screenshot it. I don't understand how any notion of "ownership" factors in here.
- dr01d 9y agoThere are thousands of Van Gogh paintings as digital images on the web. The original is the one with value.
- igravious 9y agoI still don't understand how this creates digital scarcity or rarity. I'm not messing, I really want to understand exactly how 1 copy of a bunch of bits could be worth more than 0.
- tomasien 9y agoThere are a scarce number of digitally/cryptographically signed copies on the blockchain. The art itself is still infinitely replicable, owning the signed "authentic edition" is not. That does not mean something to everyone but means a lot to collectors and passionate fans.
- __david__ 9y agoYeah but the real one is tangible and not copyable in the same way. Digital copies are exactly the same as each other. The "rarity" is completely artificial and pointless. Everyone has the same desktop picture, but oh boy, I own the digital signature!
- BugsJustFindMe 9y agoQ: In what sense does the "real" Van Gogh painting differ from a good forgery? A: Otherwise pointless authenticity. Q: So why do people spend so much effort identifying forgeries? A: Because people, for some terrifying reason, value otherwise pointless authenticity.
- tomasien 9y agoWhy assign value to anything other than food and shelter? It's enjoyable, people like it. If that terrifies you the world must be a scary place.
- tomasien 9y agoNailed it - I'm not sure video will be a good use case for RDA although I think there will be some interesting instances. For example: Sweepers Clock is a video sold as a limited edition art asset today, using a paper contract and traditional auction houses. It's very hacky and buyers often are worried they'll just "print" more copies, but it still sells and has value. I think rare digital art would be perfect for this kind of thing, less so a Hollywood film. https://www.youtube.com/watch?v=SXNT4T56EmM https://www.youtube.com/watch?v=SXNT4T56EmM