NFTs are an interesting and valuable technology that will be useful in the future as a means of digital media ‘ownership’ in place of ‘perpetual licensing’ like we see when we ‘buy’ media from servers today.
There’s more to it than monkey pictures, and if people saw that, we would have greater control over media libraries than in the present.
NFTs are nothing but a new way to record ownership. It does fuck all about the actual thing it is about.
I could use NFTs to sell my copy of Star Wars to another person. But doing so wouldn’t mean that I actually lose my copy of Star Wars. And neither would it mean that the other person gains a copy of Star Wars. NFTs are not better than a piece of paper recording a sale.
And there are far cheaper ways of recording a sale.
We don’t need fancy code contracts to own stuff, downloading exists. It’s just an even more hair brained extension of IP copyright and other systems that only exist under capitalism
There’s no real point to nfts as licenses though. The only party that can authenticate a license, the creator, wouldn’t want to give up their control over licenses, and the wouldn’t want to resell used licenses because… Why? That’s a ton of work to implement when they can just sell a new license.
NFTs are an interesting and valuable technology that will be useful in the future as a means of digital media ‘ownership’ in place of ‘perpetual licensing’ like we see when we ‘buy’ media from servers today.
There’s more to it than monkey pictures, and if people saw that, we would have greater control over media libraries than in the present.
Note I own 0 NFTs
NFTs are nothing but a new way to record ownership. It does fuck all about the actual thing it is about.
I could use NFTs to sell my copy of Star Wars to another person. But doing so wouldn’t mean that I actually lose my copy of Star Wars. And neither would it mean that the other person gains a copy of Star Wars. NFTs are not better than a piece of paper recording a sale.
And there are far cheaper ways of recording a sale.
No way, not in a million years
We don’t need fancy code contracts to own stuff, downloading exists. It’s just an even more hair brained extension of IP copyright and other systems that only exist under capitalism
There’s no real point to nfts as licenses though. The only party that can authenticate a license, the creator, wouldn’t want to give up their control over licenses, and the wouldn’t want to resell used licenses because… Why? That’s a ton of work to implement when they can just sell a new license.
“brave!.. But foolish.”
This is hilariously accurate. This meme format is pretty validating though.
Maybe I’m wrong, IDK. Time will tell. I have no stake in this take so I don’t really care lol.