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by peoplefromibiza 1609 days ago
> It is the collectors job to ensure the art survives

it doesn't make any sense in this context

of course if I buy a painting i am responsible to maintain the painting, but the painting It's the item I bough!

here you're buying the URL, the only way to keep it working is taking over the maintenance of someone else's server, but only for that specific URL

Or I have to pay and there's no limit on how much it would cost

If i move the item to another URL, _it would be indistinguable from the billions of possible exact replicas_

hence NFTs provide no value at all

> There is a speculative bubble, but art will remain hard to sell the less it is a short-term speculative investment

art has a value if I can put it on display

1 comments

> here you're buying the URL

But you aren't buying the URL, your are buying a ledger entry that represents an artwork, and there happens to be a URL attached for your convenience.

> The only way to keep it working is taking over the maintenance of someone else's server, but only for that specific URL

IPFS fits neatly in here. Anyone can seed a particular file they want to seed.