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The internet provides us with post-scarcity for some goods. NTFs are adding scarcity back into the system.
by ohCh6zos 5y ago
The internet provides us with post-scarcity for some goods. NTFs are adding scarcity back into the system.
- _jal 5y agoIt is an intentional scarcity, however. In the physical world, you build strategies around natural scarcities. Here, you build scarcities to support your strategies. Still thinking about how I feel about that. Right now, people mainly seem to be using it as a sort of proxy for fine art-style exclusivities people already understand.
- DarylZero 5y agoNFTs don't add scarcity. Anyone can create an NFT of anything. Any number of times. An NFT isn't a copyright or anything else. It's just a token that has no inherent meaning. Just like any fiat currency. By convention, it embeds an image -- just like a dollar bill has a picture of George.