3 ms·

Yes, but you cannot act within their registry as a independent actor, transferring and receiving items in the registry on your and others will. They own that re

Yes, but you cannot act within their registry as a independent actor, transferring and receiving items in the registry on your and others will. They own that registry, and they chose to give you access. That's the difference between a centralized registry like that star registry, and a blockchain where every actor has equal access to the "registry". No one can stop you from transferring your NFT to someone else, while in a centralized registry, they could.

AnIdiotOnTheNet 5y ago
Sure, but why would anyone want that? Why would I want to buy and sell access to some entry in a registry that ultimately means nothing?
- capableweb 5y ago
  That's besides the point. Why anything? I'm not gonna pretend to understand high-art, because I don't, but apparently some people see value in it, so who am I to question what they value? To be honest, I don't see much value in the current Images-as-NFTs hype either, but again, who am I to judge what people spend their money on? I also thought the same about Bitcoin initially, but after a while saw value in it myself too. When it comes to NFTs as a concept though, I think they can be applied better than what people are currently doing. SaaS licenses that can be resold for example is one interesting use case.
  - AnIdiotOnTheNet 5y ago
    > That's besides the point. Why anything? I mean, ok, if we're going to engage in some form of economic nihilism then I guess we can say anything is valuable. Q-Ray Bracelets, faith healing, and star registries included. Tulip bulbs really can be "worth" a fortune. But that's not a very useful premise for discussion. What people are arguing over is whether or not there is any non-woo value to be associated with these things. > When it comes to NFTs as a concept though, I think they can be applied better than what people are currently doing. I'm not convinced. I keep hearing people say this but I have yet to hear even one idea that can't be done better by other, older, non-hyped technologies. > SaaS licenses that can be resold for example is one interesting use case. Case in point: we can do this just fine today, but we don't because there's no reason for an SaaS provider to want to do that.

AnIdiotOnTheNet 5y ago

Sure, but why would anyone want that? Why would I want to buy and sell access to some entry in a registry that ultimately means nothing?

capableweb 5y ago
That's besides the point. Why anything? I'm not gonna pretend to understand high-art, because I don't, but apparently some people see value in it, so who am I to question what they value? To be honest, I don't see much value in the current Images-as-NFTs hype either, but again, who am I to judge what people spend their money on? I also thought the same about Bitcoin initially, but after a while saw value in it myself too. When it comes to NFTs as a concept though, I think they can be applied better than what people are currently doing. SaaS licenses that can be resold for example is one interesting use case.
- AnIdiotOnTheNet 5y ago
  > That's besides the point. Why anything? I mean, ok, if we're going to engage in some form of economic nihilism then I guess we can say anything is valuable. Q-Ray Bracelets, faith healing, and star registries included. Tulip bulbs really can be "worth" a fortune. But that's not a very useful premise for discussion. What people are arguing over is whether or not there is any non-woo value to be associated with these things. > When it comes to NFTs as a concept though, I think they can be applied better than what people are currently doing. I'm not convinced. I keep hearing people say this but I have yet to hear even one idea that can't be done better by other, older, non-hyped technologies. > SaaS licenses that can be resold for example is one interesting use case. Case in point: we can do this just fine today, but we don't because there's no reason for an SaaS provider to want to do that.