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The ownership is only a matter of social consensus, and those rights can be eroded through various avenues. Still, the consensus is perceived as having enough s
by CryptoPunk 6y ago
The ownership is only a matter of social consensus, and those rights can be eroded through various avenues. Still, the consensus is perceived as having enough strength to give the NFTs value.
- meheleventyone 6y agoIs the value the sense of ownership or just from people trading them like other crypto?
- CryptoPunk 6y agoIt's hard to know which comes first. It's a bit like Keynes' Beauty Contest: https://en.wikipedia.org/wiki/Keynesian_beauty_contest https://en.wikipedia.org/wiki/Keynesian_beauty_contest The verifiability aspect seems to create a Schelling point where they attain and maintain value.