[biztos]

The NFT is supposed to work like a bearer bond. You have to trust the issuing entity to honor it, but beyond that, possession is 10 tenths of the law.

https://en.wikipedia.org/wiki/Bearer_bond

IIRC with wine futures you have to either collect your wine or pay for its storage, if you abandon it then at some point (per the contract) it belongs to the winery. At least with wine I think there is a lot of precedent here, there are norms you’d want to fit your crypto doings around.

[CJefferson]

Thanks, that's a solid reply.

Personally, I don't want the world to go back to "Bearer Bonds", and given they were banned I'm guessing the US government (and I imagine other countries) doesn't either. However, I'm glad to hear a basis for NFTs.