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Of course, because a certificate is a statement about some fact. Therefore a certificate is useful as a certificate to the extent that the issuer can be truste
by lottin 5y ago
Of course, because a certificate is a statement about some fact. Therefore a certificate is useful as a certificate to the extent that the issuer can be trusted about the statement that is being made. But that doesn't apply to NFTs because the issuer of an NFT is not making any statement. An NFT is more like a blank piece of paper that has been rubber stamped by somebody.
- DSMan195276 5y ago> An NFT is more like a blank piece of paper that has been rubber stamped by somebody. Well it has something written on it, but yes pretty much. If the "somebody" is someone you care about though, then that can make it more than just a piece of paper, in the same way that if you care about the issuer of a certificate then it is more than just a piece of paper. I get the distinction you're trying to make, and I don't think it really matters, but perhaps it was a bad example and autographs would have been a better one. To be clear, I don't own NFTs, I get the idea but they don't appeal to me. But I also don't own any expensive art either for the same reason, so to each his own. I do own a bunch of trading cards, and I'm sure plenty of people would just view them as pieces of paper. Point being, people value plenty of silly things, NFTs are just one of them.