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I mean most art is like this. Most “common” art isn’t going to fetch millions, but a select few do. NFTs aren’t any different. As for “off brand minters,” som

I mean most art is like this. Most “common” art isn’t going to fetch millions, but a select few do. NFTs aren’t any different. As for “off brand minters,” some people care a lot about provenance. I don’t and you might not, but that’s also why we don’t buy art worth millions of dollars. But some people do care, just like how some people care about collecting stamps or playing basketball. Some people like different things and obviously if you don’t like a particular thing, you’re not going to “get it.”

fennecfoxen 5y ago
> Most “common” art isn’t going to fetch millions, but a select few do. NFTs aren’t any different. Yeah, but set aside the million-dollar ones for a moment and imagine you found a new kind of art which consisted of the "artist" printing out a single copy of someone's work, and selling the printout for $150-$10,000 each. This copy has not been authorized by the person who made the work. The technology to make a functionally identical printout is readily available, though there's some ledger that tracks it and it won't be registered as the same object as the first printout. Would you say that the purchaser of this printout is investing money wisely, or foolishly? Would you say that "artist" is a legitimate actor, or some kind of scammer, thief, crook, or the like?