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Which confirms my suspicions that NFTs are not enforceable because they have no laws governing them, except by everyone agreeing to the rules of the game. What
by mwattsun 5y ago
Which confirms my suspicions that NFTs are not enforceable because they have no laws governing them, except by everyone agreeing to the rules of the game. What I don't know, but what I suspect, is that no one is getting arrested for not following the agreed upon rules.
- dodobirdlord 5y agoWe can look to cryptocurrencies for precedent in how NFT ownership disputes will go. Courts have had no issue looking past meaningless technicalities about “immutable ledgers” and “key-based ownership” to adjudicate disputes about who actually owns cryptocurrencies, and have had no issue with reaching decisions that, for example, cryptocurrencies were stolen because they were transferred to a new address without the permission of the current owner.