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> I think being able to identify and authenticate original works is a good idea that has practical uses I agree. I don't agree that blockchain, or NFTs, can ev
by purerandomness 4y ago
> I think being able to identify and authenticate original works is a good idea that has practical uses
I agree. I don't agree that blockchain, or NFTs, can ever deliver on their promises to contribute to that matter, because of their nature.
How do you think would the blockchain, or NFTs, help to identify and authenticate original works?
> I believe there's a ton of hype and bad actors (as usual in a new market)
Can you name an example of another market where this was the case - i.e. bad actors were the majority of actors, and then something (what?) happened that made the market unviable for scams?
> the idea of purchasing the Nyan cat original
What does the "original" .gif of the Nyan Cat do for you that my copy of it doesn't?
> same as a material painting
I see 2 purposes of the "original" in a material world: 1. speculation, 2. paying the original artist.
Since 2. isn't possible for e.g. the Mona Lisa, what remains is that it's a pure speculation object.
You could argue that experts could distinguish the orginal Mona Lisa from any copy, but that wouldn't work in the digital world, where my copy of the Nyan Cap .gif would gif just as your original would.
What is the problem statement here, and how would NFTs, or blockchain, contribute to a solution here?