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> , and they can reissue another one to replace it. I can make my own website that accepts only apes with mustaches into my site's private area. What's not obv
by dbancajas 5y ago
> , and they can reissue another one to replace it. I can make my own website that accepts only apes with mustaches into my site's private area.
What's not obvious to you? If you pick up a unique stone off the street with an art printed on it and value that at 50K USD (remember anybody can pickup a stone and it's not difficult to put art on a stone). And then you have a group of people trading that at 50K isn't it obvious the value will go to 0$ when their interest dries up?
- bostonpete 5y agoI'm inclined to agree as I'm extremely skeptical of NFT's but I'd note that your "stone" thought exercise could also be applied to things like trading cards or other collectibles, which also have no objective value but often preserve their value over time (though not always).
- thevinter 5y ago"If you pick up a unique stone off the street with an art printed on it and value that and then you have a group of people trading that at 50K" Didn't you just describe art?