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In other words, its a digital certificate of ownership/rights that has no enforcement mechanism and still requires a contract, a lawyer, a court, and a society
by LegitShady 5y ago
In other words, its a digital certificate of ownership/rights that has no enforcement mechanism and still requires a contract, a lawyer, a court, and a society that enforces rights laws to run.
NFTs are actually speculation scams being run on the uninformed using buzzwords like blockchain and crypto while themselves being worthless. A digital certificate of authenticity for an infinitely reproducible good which still requires major cost and legal intervention to enforce.
A highly corrupt speculation scam using buzzwords about blockchain.