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harph | 3 years ago

> finite digital assets

That's a nice oxymoron you have there. Digital assets are not "finite" or scarce, that's their biggest strength: that they can be copied and shared infinitely. I know that some people hate that, and would love to change it (see DRM). But to hell with that.

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PurpleRamen|3 years ago

That's not true at all. Any deed of ownership can be finite, especially if they refer to a physical object where there is a natural limit on the number of owners. Just because you can make infinite copies of the document, doesn't mean the legal system allows you to do that.

adammarples|3 years ago

And there we end up relying on a legal system again to verify the asset and we're back to square one. If my NFT needs to be verified when I sell it, which it will, because there will be fakes, then we still need a third party.

rakoo|3 years ago

But why cram a finite-based system into a non-finite universe ? What's the point ? Haven't we understood that private property and ownership are not, in fact, better than sharing and common usage ? The digital world allows us to actually touch this, and we still import artificial restrictions that only benefit those who already have ?

MomoXenosaga|3 years ago

The whole point about digital goods is that you don't "own" them. Read the contract.