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jcliff | 4 years ago

In this thread, cynicism from people salty that they didn't invent or collect cryptopunks or bored apes.

I haven't gotten into nfts myself but to say that they are stupid or a scam now comes across as wishful thinking to cover your butt for missing out.

nfts represent ownership over digital culture, like it or not. digital collectibles. the market will decide whether they are priced like banksys or beanie babies.

While many will be a fad, I'm certain some won't be. Other nfts will be as mundane as an event ticket. It's a wide open field, and I think the HN community should try to keep an open mind.

discuss

order

deergomoo|4 years ago

> nfts represent ownership over digital culture

But what is the point of that? If I own a physical or digital item in the non-NFT sense the benefit is that I have the thing. I can use it/look at it/listen to it/play it/whatever.

What use is owning a receipt for something that anyone can freely copy for themselves? Am I supposed to feel good that I have it and someone else doesn’t? I literally don’t understand.

The only arguments I can come up with are enforcement of copyright and supporting artists, both of which can and do happen just fine without involving any sort of blockchain.