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Because the blockchain is distributed? So It’s more like you are giving your piece of paper to many people around the world who keep it safe for you but can’t c
by teekert 5y ago
Because the blockchain is distributed? So It’s more like you are giving your piece of paper to many people around the world who keep it safe for you but can’t change its contents.
- ceejayoz 5y agoGreat. Now what? The person who owns the URL on the paper can change the contents of that URL. Legally, the paper may be a gift, but I'm now the proud owner of a piece of paper. I can similarly own a map to the Mona Lisa. Everyone in the world may even agree and attest to that fact! I don't own the Mona Lisa as a result. The Louvre can move it, take it off display, burn down, or do any number of other things.
- capableweb 5y agoNothing of what you're writing has anything to do with NFTs, did you perhaps write in the wrong thread?
- ceejayoz 5y agoI'm very much in the correct thread. NFTs have already gone dark in this fashion. https://twitter.com/CheckMyNFT/status/1369802069729812483 https://twitter.com/CheckMyNFT/status/1369802069729812483 Hell, Jack "sold" his first Tweet for nearly $3M as an NFT. You don't own it. You can't delete it, you can't do anything with it. Jack could delete it! Twitter could delete it! Twitter could make that URL host a page that says "NFTs are dumb". You own the NFT itself. https://www.cnbc.com/2021/03/22/jack-dorsey-sells-his-first-tweet-ever-as-an-nft-for-over-2point9-million.html https://www.cnbc.com/2021/03/22/jack-dorsey-sells-his-first-... > According to “Valuables,” the tweet itself will “continue to live on Twitter,” but the winning bidder would own the NFT, “signed and verified by the creator,” like a virtual autograph.
- muthdra 5y agoThe "map to the Mona Lisa" is a perfect analogy. And the best part is that we can even create a new blockchain, call it something like "Besthereum" with another map to the exact same work in the real world. You don't even really own the map but a specific representation of the map, unique to the blockchain it's contained in.
- teekert 5y agoI agree with you.