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NFTs are weird. But a lot of things where money meets art are also weird, so you have to take that into account. Photographers selling 'prints' of their photos

NFTs are weird. But a lot of things where money meets art are also weird, so you have to take that into account. Photographers selling 'prints' of their photos Vs downloading and printing yourself. Rare vinyl Vs a Flac rip of the same track. Anything that is deliberately limited edition, but could easily not be, like limited edition dvds, games, trainers, vinyl. A first edition book signed by the author Vs a pdf with a scan of the signature.

matthewmorgan 5y ago
It almost makes one question whether the right people seem to have all the money
- tastyfreeze 5y ago
  It doesnt make me question that at all. There are no "right" people. All human behaviors are present at all income levels.
  - kiliantics 5y ago
    That's a pretty bold statement and it is probably wrong. Studies have shown that rich people tend to have less empathy for others. Then you also have that other trend of a high rate of psychopaths among CEOs.
    - ethanbond 5y ago
      This doesn’t contradict GP. To contradict it, your claim would have to be that lack of empathy solely exists in the wealthy. Regardless of relative frequency, that’s obviously not true.
    - tastyfreeze 5y ago
      Not being rich doesn't make you an immutable exemplar of morality. Give any group of people enough money to make them "rich" and you will get the same behavior as the current rich. We are all humans with the same flaws and tendencies. Money doesn't change that. Studies also show that as much as 25% of criminals are psychopaths. Psychopathy has survived in humans for a reason. It makes survival in some situations easier. The fact that there are a few more CEOs that are psychopaths over the general population doesn't show anything other than psychopathy can be beneficial in that job.
- drcode 5y ago
  No question a fair number of people in the crypto space earned wealth more through luck than through savvy, and might make poor investment decisions in the future. (not that there is anything wrong with earning money through luck, if you were willing to take the risk in the process)
- dang 5y ago
  Please don't post unsubstantive and/or flamebait comments to HN. It degrades discussion and we're trying for the opposite here. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
snikeris 5y ago
> But a lot of things where money meets art are also weird I liked David Bowie's solution: https://www.investopedia.com/terms/b/bowie-bond.asp https://www.investopedia.com/terms/b/bowie-bond.asp

matthewmorgan 5y ago

It almost makes one question whether the right people seem to have all the money

tastyfreeze 5y ago
It doesnt make me question that at all. There are no "right" people. All human behaviors are present at all income levels.
- kiliantics 5y ago
  That's a pretty bold statement and it is probably wrong. Studies have shown that rich people tend to have less empathy for others. Then you also have that other trend of a high rate of psychopaths among CEOs.
  - ethanbond 5y ago
    This doesn’t contradict GP. To contradict it, your claim would have to be that lack of empathy solely exists in the wealthy. Regardless of relative frequency, that’s obviously not true.
  - tastyfreeze 5y ago
    Not being rich doesn't make you an immutable exemplar of morality. Give any group of people enough money to make them "rich" and you will get the same behavior as the current rich. We are all humans with the same flaws and tendencies. Money doesn't change that. Studies also show that as much as 25% of criminals are psychopaths. Psychopathy has survived in humans for a reason. It makes survival in some situations easier. The fact that there are a few more CEOs that are psychopaths over the general population doesn't show anything other than psychopathy can be beneficial in that job.
drcode 5y ago
No question a fair number of people in the crypto space earned wealth more through luck than through savvy, and might make poor investment decisions in the future. (not that there is anything wrong with earning money through luck, if you were willing to take the risk in the process)
dang 5y ago
Please don't post unsubstantive and/or flamebait comments to HN. It degrades discussion and we're trying for the opposite here. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

snikeris 5y ago

> But a lot of things where money meets art are also weird I liked David Bowie's solution: https://www.investopedia.com/terms/b/bowie-bond.asp https://www.investopedia.com/terms/b/bowie-bond.asp