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> What makes the iTunes MP3 marketplace valuable? What makes the Amazon Kindle text file marketplace valuable? The law. Copyright law makes acquiring these wor

> What makes the iTunes MP3 marketplace valuable? What makes the Amazon Kindle text file marketplace valuable? The law. Copyright law makes acquiring these works via other means slightly more difficult. Like NFTs they are just a failed attempt to force artificial scarcity into a post-scarcity space. > Why does itunes and Kindle not bother you? They do, but they don't have scammers constantly trying to sell their shit as some kind of revolutionary new future you have to get in on before you get left behind!!1! > Does the convention and reputation-based open source nature of Web3 disturb you? What disturbs me is the shift from people viewing artificial scarcity as a desperate grasping at straws from people who can't deal with information post-scarcity to people touting artificial scarcity as the glorious technological future.

chrisco255 5y ago
> The law. Copyright law makes acquiring these works via other means slightly more difficult. Like NFTs they are just a failed attempt to force artificial scarcity into a post-scarcity space. Copyright law does not exclude someone from releasing on an open source blockchain as opposed to a monopoly app store. The only reason these marketplaces exist as monopolies is because direct distribution of creative content for profit has traditionally been difficult to manage. That's all. > They do, but they don't have scammers constantly trying to sell their shit as some kind of revolutionary new future you have to get in on before you get left behind!!1! Only because the dust has already settled from the same thing that happened during the dot com boom and the consumer electronics boom and the mobile app store boom. > What disturbs me is the shift from people viewing artificial scarcity as a desperate grasping at straws from people who can't deal with information post-scarcity to people touting artificial scarcity as the glorious technological future. Copyright enforcement over monopolistic marketplaces is a form of artificial scarcity. Come on, you know this. Napster was leaps and bounds ahead of any distribution method for music back in the 90s. Cost of music redistribution has been near zero for over 20 years. It doesn't cost the band anything to have their music copy pasted on a torrent site. The entire scheme of copyright protection is an archaic method of introducing artificial scarcity for items that are cheap to reproduce (yet sometimes capital intensive to produce). NFTs are no different.
- zepto 5y ago
  > Only because the dust has already settled from the same thing that happened during the dot com boom and the consumer electronics boom and the mobile app store boom. Yes, there were scams at the beginning of those booms, but at the same time, there were obvious real world applications that end users benefited from right from the start, and absolutely no sense of doubt that there was value in them. >The entire scheme of copyright protection is an archaic method of introducing artificial scarcity for items that are cheap to reproduce (yet sometimes capital intensive to produce). True. > NFTs are no different. Obviously false. NFTs don’t have the law preventing you from ignoring them.

chrisco255 5y ago

> The law. Copyright law makes acquiring these works via other means slightly more difficult. Like NFTs they are just a failed attempt to force artificial scarcity into a post-scarcity space. Copyright law does not exclude someone from releasing on an open source blockchain as opposed to a monopoly app store. The only reason these marketplaces exist as monopolies is because direct distribution of creative content for profit has traditionally been difficult to manage. That's all. > They do, but they don't have scammers constantly trying to sell their shit as some kind of revolutionary new future you have to get in on before you get left behind!!1! Only because the dust has already settled from the same thing that happened during the dot com boom and the consumer electronics boom and the mobile app store boom. > What disturbs me is the shift from people viewing artificial scarcity as a desperate grasping at straws from people who can't deal with information post-scarcity to people touting artificial scarcity as the glorious technological future. Copyright enforcement over monopolistic marketplaces is a form of artificial scarcity. Come on, you know this. Napster was leaps and bounds ahead of any distribution method for music back in the 90s. Cost of music redistribution has been near zero for over 20 years. It doesn't cost the band anything to have their music copy pasted on a torrent site. The entire scheme of copyright protection is an archaic method of introducing artificial scarcity for items that are cheap to reproduce (yet sometimes capital intensive to produce). NFTs are no different.

zepto 5y ago
> Only because the dust has already settled from the same thing that happened during the dot com boom and the consumer electronics boom and the mobile app store boom. Yes, there were scams at the beginning of those booms, but at the same time, there were obvious real world applications that end users benefited from right from the start, and absolutely no sense of doubt that there was value in them. >The entire scheme of copyright protection is an archaic method of introducing artificial scarcity for items that are cheap to reproduce (yet sometimes capital intensive to produce). True. > NFTs are no different. Obviously false. NFTs don’t have the law preventing you from ignoring them.