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by RattleyCooper 1706 days ago
Yeah, I get that. You don't even own the thing at all, which makes it more of a ripoff. You essentially own a digital record that says that someone agrees that you paid money so that there is a record that you paid them money.

As soon as 1 person issues a replacement NFT due to theft or something the entire idea comes crashing down bc now the "real copy" is actually "owned" by some thief and a new "real copy" is being created. From what I read a while back you kind of just have to trust that ppl won't sell the same "real copy" over and over again. This works fine in the real world of tangible goods but when people can be anonymous it's just begging for abuse.