I still don’t understand the “you own it” argument of NFTs. When you buy an art piece from the creator normally, don’t you also own it? Like when you commission a piece from an artist the rights are transferred to you once you pay them right?
Also, trading NFTs is basically the same as rich asshole private collectors trading Van Gogh’s and Pablo Picasso’s, just dumbed down to get normies in on the action. I know NFTs promise to give the artist a cut of the revenue, but one, they’re paid in tokens that are infamously difficult to actually buy anything with other than more crypto, not “real” money that they can spend on food or more art supplies, basically the techbro version of paying in exposure. Two, there is absolutely zero things stopping literally anyone from minting an NFT from stolen art and getting a cut too with, by design, no way for the real artist to take down those NFTs or for people who bought it thinking it’s genuine and that they’re supporting the artist to reverse their transactions. In fact AFAIK that’s the majority of NFTs in existence, so to say it’s “all about artists” while doing nothing to address that means you don’t actually give a shit about artists.
This is like someone from the 80s telling everyone how dumb the internet is because all there is are BBS full of nerds flaming each other. If all you think NFTs are is internet pictures you don’t understand the technology.
not even that, but trading URLs to pictures of van gogh and picasso. And you don’t even get a hash or something that allows you to verify that that url points to the thing you bought, on the server that you don’t own and is probably still owned by the seller
Yeah…Luke with NFTs, the thing really has an Emperors New Suit vibe, to me.
I still don’t understand the “you own it” argument of NFTs. When you buy an art piece from the creator normally, don’t you also own it? Like when you commission a piece from an artist the rights are transferred to you once you pay them right?
Also, trading NFTs is basically the same as rich asshole private collectors trading Van Gogh’s and Pablo Picasso’s, just dumbed down to get normies in on the action. I know NFTs promise to give the artist a cut of the revenue, but one, they’re paid in tokens that are infamously difficult to actually buy anything with other than more crypto, not “real” money that they can spend on food or more art supplies, basically the techbro version of paying in exposure. Two, there is absolutely zero things stopping literally anyone from minting an NFT from stolen art and getting a cut too with, by design, no way for the real artist to take down those NFTs or for people who bought it thinking it’s genuine and that they’re supporting the artist to reverse their transactions. In fact AFAIK that’s the majority of NFTs in existence, so to say it’s “all about artists” while doing nothing to address that means you don’t actually give a shit about artists.
This is like someone from the 80s telling everyone how dumb the internet is because all there is are BBS full of nerds flaming each other. If all you think NFTs are is internet pictures you don’t understand the technology.
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not even that, but trading URLs to pictures of van gogh and picasso. And you don’t even get a hash or something that allows you to verify that that url points to the thing you bought, on the server that you don’t own and is probably still owned by the seller