| > he proof of ownership would be in the blockchain. NFT X represents X property, the address owning that NFT would technically own that NFT. On top of that you need many more documents actually linking the actual physical person with that wallet. And additional documents dealing the actual property. And of course "oh it's just simple record pointing to an address" is exactly why I keep saying that crypto proponents have this childlike inability to imagine anything beyond the most trivial of use cases. Examples where "the address owning that NFT would technically own that NFT" falls apart and "useless discussion" is the one I'm having, not crypto-absolutists with their trivial cases and increasingly complex workarounds: - ownership disputes: https://news.ycombinator.com/item?id=27212564 - ownership transfer: https://news.ycombinator.com/item?id=27217681 > you just hate the technology for the sake of it. As wrote elsewhere: I've had this or similar conversation many, many times. Crypto proponents can only come up with the most trivial examples, and for anything more complex they rely on magic and increasingly complex and arcane constructions that fall under their own weight. Edit: Just in this discussion: we "don't need a centralised database", but we need a centralised database, or an external party to store our data that also needs to be available and accessible by anyone, but also reliable, maybe federated, or a local server, and it's also standardised, but maybe third parties will make it standard for governments, or maybe someone will provide infra to store data, or maybe it will be hash of data that may or may not be standardised, or... And with all that it still doesn't solve or help any of the complex issues that arise from property ownership. |
This would also make very easy to prove ownership. You have access to the address that owns said property, it's yours. It's as simple as that.
The database you'd need locally would be pretty much to store useful information and to track data on the blockchain.
I don't see any country using this anytime soon, or at all, but it is possible.
PS: I do understand you hate NFTs representing pictures of monkeys being worth millions of $, I also find it stupid, that doesn't give me the right to hate the entire technology that makes it possible.