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by frobisher
1924 days ago
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The Mona Lisa is a physical "rivalrous" good, meaning if I own it, you cannot. Digital goods are "non-rivalrous", so although NFTs can give a psychological feeling of ownership, I wouldn't say they make digital goods rivalrous. I think digital NFTs only make sense in two ways: (1) psychological feelings of ownership, (2) perhaps a claim on something digital that _can_ be made rivalrous, for instance royalty streams. If these are subject to a smart contract that ensures one entity gets them, for example. |
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Music that requires you to present a private key in order to play it would meet that configuration, for example.