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NFTs remind me of 'buy a star' companies. You apparently 'bought' a star but anyone can look at it, I imagine that multiple people own the same star and everyo
by melomal 5y ago
NFTs remind me of 'buy a star' companies.
You apparently 'bought' a star but anyone can look at it, I imagine that multiple people own the same star and everyone is none the wiser.
I assume this is why NFTs work. Make someone pay for 'exclusivity' (real or not) and then just assume that most people won't look into the details, where the devil is.
- deleted 5y ago[deleted]
- TigeriusKirk 5y agoWhat if the opportunity arose to purchase the Mona Lisa, but only with the unalterable condition that it remain in the Louvre forever. Do you think it would sell for a high price?
- beckingz 5y agoYes. Sometimes the point is just ownership regardless of usage. Useful as a bragging point or money laundering opportunity.
- virtue3 5y agoIf you got to put your name on the card at the museum I'm sure it would sell for something ridiculous.
- hervature 5y agoI think this oversimplifies things. Would you “buy” the Mona Lisa from a random website with the condition that you have no rights to the property? I wouldn’t. If the Mona Lisa was put on sale by the Louvre with the aforementioned clause, I would be intrigued.
- headmelted 5y agoI mean, possibly, if you're the curator of the Louvre. .. are you the curator of the Louvre? I assume while we're on the topic that the guarantee has been written into a formal legal document, witnessed by a recognised party, that is enforceable in court, and which guarantees the terms in perpetuity?
- croon 5y agoI can give my opinion/guess to your question, and I still have no idea how it relates to NFTs.
- Traubenfuchs 5y ago> NFTs remind me of 'buy a star' companies. Amazing comparison! They are truly the same.
- Buttons840 5y agoIndeed. All this talk of NFTs, but what blockchain are they on? Don't new blockchains pop up everyday? I mean, my own blockchain (a text file I only append to, but let's not get sidetracked on implementation details) says I own Charlie Bit My Finger. Now what?
- melomal 5y ago> my own blockchain (a spreadsheet Gave me a good chuckle If you were to input some sort of contract terms into a cell, snapshot it, upload it to the cloud and only provide view access to the public, you would have a full fledged blockchain platform. Can't use Google Sheets because that would centralize it, I imagine?
- deleted 5y ago[deleted]
- asddubs 5y agoi'll give you $300,000 in bitcoin if you put my name in that spreadsheet next to charlie bit my finger
- deleted 5y ago[deleted]
- floxy 5y ago>You apparently 'bought' a star but anyone can look at it Next iteration, selling magnitude 20 stars. Not just anyone can look at those.