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I'm curious what you would make of something like Jonathan Manns NFTs (the song-a-day guy). There is a known difficulty to the production of assets, a known sta
by casi18 5y ago
I'm curious what you would make of something like Jonathan Manns NFTs (the song-a-day guy). There is a known difficulty to the production of assets, a known stable emission rate. He makes one song a day for the rest of his life, he has produced over 4000 days of songs now. Would you see this as something that could have value like bitcoin?
Where are the boundaries of scarcity, effort, and value? why is bitcoin on one side of this threshold and everything else on the other side? At what point did bitcoin cross that line into legitimacy for you, and what would everything else need to do to get there?
or is it only bitcoin for eternity? wouldnt that be a strangly dogmatic, arbitrary line to be drawn forever and ever?
- rfd4sgmk8u 5y agoNot really. Because his art is not the token. The NFT is a representation of his art, but it is not unique or unclonable. There is nothing that prevents this token from being copied -- this is by design. There is nothing to stop anyone from releasing an NFT with someone elses work. It is not binding. Bitcoin just is.