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Yeah, I totally understand why people don't like crypto. I don't like it for the same reasons. I just trying to find something valuable that I could miss behind

Yeah, I totally understand why people don't like crypto. I don't like it for the same reasons. I just trying to find something valuable that I could miss behind this scam. And NFT looks like for me as something that can be not just a regular hype. Maybe it can bring some value to people. And if it can, I'd like to help it. Thank you for your feedback anyway!

verdverm 5y ago
NFTs are worse than typical crypto, selling the illusion of ownership for real world goods or artificial collector items. There could be something related to company ownership, but who wants to run their business on a public ledger
- marleonid 5y ago
  Yeah, legally you own nothing buying NFT. NFT is just a record in blockchain that some digital stuff is in the exact link. And if the host server goes down, this digital stuff will be lost. But from another point of view buying NFT you get an everlasting record telling that some piece of digital good (art, collectibles, etc.) belongs to you. I can understand the motivation of collectors that buy NFT not for speculating purposes but for an opportunity to have mathematical proof that some piece of the internet belongs to them. What if we see NFT like that? Maybe I see it wrong, what do you think?
  - verdverm 5y ago
    Do you think the person that bought the NFT of Jack Dorsey's first tweet owns it or has any control over it? If I buy an NFT for a jpeg, does that prevent anyone else from viewing it or making copies of it? Does an NFT really represent ownership? What really defines ownership?
    - marleonid 5y ago
      I guess we need to determine ownership first. Most people are determined ownership in legal terms, yes. But legal terms are invented by people as an NFT. The answer to your first 2 questions is no. Those are reasonable questions — NFT doesn't allow full control over the content in it. Why do people buy NFT? Except for buy-sell purposes, what do you think? I'm looking for NFT collectors and creators btw to speak with them about it. And if you're interested, I can share their answers with you later.
guilhas 5y ago
There are several other blockchains already for at least 5y to try prove work authorship or creative idea "first". That could possibly help authors with monetization, or copyright issues. And they are not called NFTs
- marleonid 5y ago
  Thank you, it can be in some way patent or license substitute.

verdverm 5y ago

NFTs are worse than typical crypto, selling the illusion of ownership for real world goods or artificial collector items. There could be something related to company ownership, but who wants to run their business on a public ledger

marleonid 5y ago
Yeah, legally you own nothing buying NFT. NFT is just a record in blockchain that some digital stuff is in the exact link. And if the host server goes down, this digital stuff will be lost. But from another point of view buying NFT you get an everlasting record telling that some piece of digital good (art, collectibles, etc.) belongs to you. I can understand the motivation of collectors that buy NFT not for speculating purposes but for an opportunity to have mathematical proof that some piece of the internet belongs to them. What if we see NFT like that? Maybe I see it wrong, what do you think?
- verdverm 5y ago
  Do you think the person that bought the NFT of Jack Dorsey's first tweet owns it or has any control over it? If I buy an NFT for a jpeg, does that prevent anyone else from viewing it or making copies of it? Does an NFT really represent ownership? What really defines ownership?
  - marleonid 5y ago
    I guess we need to determine ownership first. Most people are determined ownership in legal terms, yes. But legal terms are invented by people as an NFT. The answer to your first 2 questions is no. Those are reasonable questions — NFT doesn't allow full control over the content in it. Why do people buy NFT? Except for buy-sell purposes, what do you think? I'm looking for NFT collectors and creators btw to speak with them about it. And if you're interested, I can share their answers with you later.

guilhas 5y ago

There are several other blockchains already for at least 5y to try prove work authorship or creative idea "first". That could possibly help authors with monetization, or copyright issues. And they are not called NFTs

marleonid 5y ago
Thank you, it can be in some way patent or license substitute.