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> The artist could refuse to transfer this if they don't like you Really? What if I, the person who bought an NFT, just gave my private key it's tied to, to so
by scotchmi_st 6y ago
> The artist could refuse to transfer this if they don't like you
Really? What if I, the person who bought an NFT, just gave my private key it's tied to, to someone else? What recourse does the artist have then?
- lokedhs 6y agoI think the argument is that the buyer wouldn't know whether you still have a copy of the key or not. The idea is that the blockchain is used to ensure you cannot backdate a transaction. Mind you, I'm not a blockchain fan, and I believe that blockchains and cryptocurrencies are the absolute worst way to solve the problem.
- gnopgnip 6y agoI mean for non NFT art, at a certain point the legal system can prevent you from selling it. Like if you had a piano made of ivory, or if there were international sanctions on the buyer.