3 ms·
The scarcity===value justification of NFTs is ridiculous. The only way to make digital artefacts "scarce" would be to never render them to pixels. You can't ma
by treelovinhippie 6y ago
The scarcity===value justification of NFTs is ridiculous.
The only way to make digital artefacts "scarce" would be to never render them to pixels. You can't make a perfect copy of the Mona Lisa, but you can make a perfect copy of any digital NFT every single time.
And thus the only way nyan cat can be worth $600k is a hyper-DRM dystopia where everyone gets sued for sharing it.