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by koffiezet 1913 days ago
One of the problems is that by definition, digital assets can be replicated at a virtual zero-cost. There is no "original" copy to be owned, since a digital asset that is uploaded is already a copy of a copy of a copy of some bits. If it happens to be an image or movie, and you open it in your browser, you're already looking at a copy. A baseball card that was produced in the 60's cannot be reproduced atom-for-atom. And there is an original mona lisa. Sure you can have a copy or picture of the mona lisa on your wall, but that will remain just that: a copy. But in the digital world, EVERYTHING is a copy. So what exactly is it that you own with an NFT?

Ownership is based on the ability to have something tangible of a limited supply, but as I established before, digital assets can be freely copied. What are you trying to do? Artificially limiting this? Trying to push through a completely new idea of 'ownership'?

The only thing owning an NFT gives you is bragging rights of a perceived ownership. But if I say "I don't recognize this NFT proving anything", copy your asset, reproduce it and sell it somehow, you can't stop me. You claim to own some bits and claim to be able to prove that, but I can just ignore that completely, since there is zero legal grounds for this.

This is why it is absolutely moronic in my mind to have an 'ownership' idea on digital assets. It's already bad enough in online games to have in-game assets, which is in a walled-garden, under control of the company making the game, so yeah, there they can do this, it adds some perceived value. But to actively introduce this concept in an open digital world sounds absolutely crazy, counter-productive and conceptually against everything my ideal version of the internet would be: open and free as in beer.

1 comments

What if in the future we have virtual reality merging more into our lives. In that world it would be different, having the real deal asset would be valuable.
Only of someone artificially limits the "supply" and the use.