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by LurkingPenguin
1710 days ago
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> Yes the popular use case right now of expensive art and "selling a JPG" is rather silly... There's nothing silly about "selling a JPG". Billions of dollars are spent annually on digital copies of photos. People pay for (high) resolution and rights. Selling an NFT is usually "selling an NFT", not even "selling a JPG". Most of the time the NFT just points to a piece of digital media accessible to anyone, and it conveys no rights of ownership or use of that digital media. |
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Or very surprisingly any guarantee that the media pointed to is immutable or won't disappear.