I recognize the distinction, but I don't believe it makes it particularly valuable.
The concepts are so abstract I have a hard time even discussing it. I'm not a collector or market person at all.
I'd be hard to convince buying anything of this sort of novelty. No judgement against those who do, I just grew up poor and protect my disposable income like a dragon.
The 'pointer' tells me the thing I reportedly own exists as a part of the chain, it doesn't certify any particular uniqueness or rarity, for example.
As long as it's affordable to mint, could I not could lob a personal attack and 'devalue' an NFT by cloning it? I suspect given the amount of speculation around these, it may even prove profitable for some time.
Yes, you could go and mint NFTs claiming to be authentic.
The same way you can try selling fake Rolex’s or picasso’s.
Any serious buyer would attempt to vet the items provenance to make sure it’s authentic. You might be able to pull a quick one on some, but that’s not unique to crypto.
A physical object with provenance is of significantly more historical significance.
A minted basketball card is actually even more anti-fragile than crypto. The crypto network may flop and cease to exist or be relevant. A card is a true artifact of sports history.
> is of significantly more historical significance
Hmm, maybe, or maybe a video representation of the moment, endorsed and co-branded by the league and the athletes, will come to be as valuable or more valuable than a physical photo print of that moment as represented by trading cards.
A trading card doesn’t survive a house fire or flood. How can a card be a true artifact of sports history when its also just a derivative product?