[mc32]

To me NFTs are like selling “rights” to stars in galaxies far away.

It’s nice that you can say you “own” your very own star as stipulated by the star rights granting corporation, but in reality it means nothing other than you can say so… but I can claim a million other stars without needing a corporation and no one can take them away from me but also anyone else can make a claim on the same stars.

[kranke155]

True but what if in buying those stars you were supporting space research?

That’s all NFTs are right now - a novel way to invest in artists. And that’s remarkable, and good enough for me.

[AnIdiotOnTheNet]

I can do that without "buying" a star. It is actually possible to just give money to people, NFTs didn't invent it.

[miracle2k]

Convince more people to just hand out money to artists then!

[AnIdiotOnTheNet]

Look, if people are just saying NFTs are a human psychology hack to get people to donate more money to artists, then that's fine, but call a spade a spade. Don't blow smoke up my ass about how it's a game changing revolutionary technology that does things that simply can't be done without it.

[kranke155]

“Hacking human psychology of money” But that’s exactly what it is. It is revolutionary for the people who couldn’t do it before.

[mc32]

That’s fine, but in many cases people believe these are investment instruments rather than seeing them as a donation. If these purveyors made it clear these were Donations, then yeah, that’s okay.

Maybe Wikipedia can sell NFYs to “articles” and avoid the donation button?

[kranke155]

I think it’s pretty clear there’s a market for them, which attracted a bunch of knobs. But yes I see them as a direct way to fund artist’s work, particularly digital artists, who before this had to content with likes on Instagram! An NFT is a way to say “hey I like this so much I’ll pay you to keep doing it”

[mc32]

What makes it a better solution than a donation button?

[kranke155]

People didn’t use the donation buttons.

Now that you have a market for it, people use it. Something something human nature.