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by pistachiopro 1635 days ago
I wonder if that's actually true. I mean, is the value of a Rolex retained in a world with true perfect replicas (like we can get with digital goods)? Right now, a good fake Rolex is still hundreds of dollars, and if someone does spot the difference you just look like a poser who's down $500, so why bother.

The existence of the fashion cycle feels like an argument against NFTs. Yes, people like to signal with exclusive things, so influencers seek out new, exclusive fashions. Most of the time these styles are fairly easy to copy, though, and so the followers start wearing them and the influencers need to move on to the next thing. Eventually, anyone left wearing the old fashion looks kind of laughable.

Yes, the actual NFT token always remains exclusive, but is that really something you can signal with on a human level? Or do too many right clickers eventually cause bored apes to go out of style and become laughable?

1 comments

I'd argue it's the opposite. Having many right clickers around does the opposite of their intention, it gives the NFTs free marketing and exposure. More right clickers > more eyeballs on the NFT > more people intrigued enough to learn more.