[polishdude20]

How does the original owner confirm they own the thing before it gets logged in the blockchain though? I think that's the hard part. The conversion of ownership record from real life to blockchain.

[matkoniecz]

They don't. That is just one of problems of NFTs.

(if they do - they do it outside blockchain, what makes blockchain part quite pointless, beyond Ponzi part)

[superbaconman]

All encryption schemes have this problem. You never really know who you're communicating with unless you trade keys irl.

[matkoniecz]

Many are good enough for their purposes (https in general), NFT is not good enough for its stated purposes.

[distances]

That is not relevant. NFTs do not include ownership of anything else than the record in the ledger. You don't have any intrinsic copyright or other kind of ownership to the token, or to any linked monkey jpegs, by just having the NFT.