> I feel like I'm saying "the emperor has no clothes", but doesn't anyone else think this NFT art thing is bullshit? I don't think the implementation is intere

> I feel like I'm saying "the emperor has no clothes", but doesn't anyone else think this NFT art thing is bullshit? I don't think the implementation is interesting. I don't think the technology is interesting. I think the concept is extremely interesting, though not in the context of the NFT linking a user to a digital artwork. If people believe a product has value, then the product has value. If consumers are willing to pay money for it, then the product has value. People are willing to exert considerable effort to submitting the first comment on a popular youtuber's latest video. People are willing to spend considerable money in order to "own" unique items on roblox. None of these items have any marginal cost to the creator, the hard work has been done, but they are an interesting auxiliary product to the creator's product. I think an interesting intersection lies between the thinking that lead to NFT, the idea of community and the implementation of smart contracts. Being part of a community, with bragging rights and smart contracts and agreements and sanctions and a culture and so on, becomes much more interesting if people are willing to take the leap to believe that the investment is worth the value they get in return. I think NFT is the proof of this, and the implications of this worry me deeply.