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> If Getty signs an asset saying chime bought it at 'getty.com', that's proof enough. This is not proof enough. You don't know that getty 1) owns the asset 2)
by lottin 5y ago
> If Getty signs an asset saying chime bought it at 'getty.com', that's proof enough.
This is not proof enough. You don't know that getty 1) owns the asset 2) hasn't sold other "proofs of ownership" of the same asset to other people.
- tshaddox 5y agoBoth of those theoretical problems exist for physical paintings as well. You don't know that Salvator Mundi was actually painted by Leonardo da Vinci (maybe his gardener painted it and he lied to everyone saying it was him), or maybe he actually painted it several times. Perhaps one day we'll find evidence that the gardener actually painted it, or we'll find additional "original" copies, and suddenly the value of our current "original" will be reduced.
- lottin 5y agoWe were talking about ownership, not authorship. In the real world titles of ownership are issued by a trusted third party. They're not issued by the same party who claims ownership. But in the NFT world they are, and this means these titles of ownership can't be trusted. There's no way of assessing whether they're valid or not.