3 ms·
NFTs are probably more similar to baseball cards and other collectables than you give credit. I can easily find an image on any card and print it. Still we val
by dmarcos 5y ago
NFTs are probably more similar to baseball cards and other collectables than you give credit.
I can easily find an image on any card and print it. Still we value the original. NFTs are a proof the you own an original and not a copy.
A piece of cardboard is all you own with a baseball card. Value comes from artificial scarcity that owner has no control over. Baseball card companies can easily print more cards and destroy value. They don’t. There’s a social contract between collector and producer. Similar to NFTs.
- tompazourek 5y agoI think it's more like if the player portrayed on the baseball card sold a certificate saying it's actually him on the baseball card with his signature on the certificate. The actual original of the card isn't traded. As the buyer, you don't end up owning anything new, you get just a signature from some guy.