Honest question: if I were to buy this, how would I prove to everyone I meet that I am the owner?
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John Cleese Sells the Brooklyn Bridge as an NFT
91–100 of 404 posts
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#92Earlier quoted context omitted.
> I think the idea is that a lot of these come with publishing contracts built in so the artist receives a royalty if the token changes hands and the current owner has the rights to license the art. I've not seen a single NFT that comes with an associated copyright license to the underlying work. Additionally, the artist only receives a royalty if the token is sold on these marketplaces that enforce the royalty. Ther…
Isn't it possible to actually code it into the ethereum contract to send eth to a wallet when it's traded?
How would that matter if it's traded off chain?
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#93I’m surprised that no-one has mentioned that selling the Brooklyn Bridge is a very old scam, made famous by this huckster: https://en.m.wikipedia.org/wiki/George_C._Parker
New technology, same scam
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#94Re: John Cleese Sells the Brooklyn Bridge as an NFT
#95Earlier quoted context omitted.
Accelerating inequality has led to a conundrum for the rich in addition to the obvious consequences for the poor: what do you actually do with that obscene wealth? [0] You can only consume so much luxury, and sitting on dollars results in tax liability and/or gradual depreciation. Gambling it on speculative assets and bragging-rights positional goods (whynotboth.gif) is pretty much the only game in town, especially w…
Yeah. Cryptocurrency and "Web 3.0" is absolutely not all zero-sum, and I'm overall optimistic in the long-term, but much like the existing finance industry, a high percentage is definitely zero-sum or close enough on net. People compare NFTs to trading cards. But if you already think those things are basically useless zero-sum speculative Greater Fool insert-other-overused-but-apt-buzzwords bullshit, your opinion of…
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Re: John Cleese Sells the Brooklyn Bridge as an NFT
#96NFTs are stupid. As soon as this craze is over, they'll be illiquid and absolutely worthless.
Careful there, how many degrees removed is it from other cryptocurrencies? If people follow this logic it will lead some people to be mad.
Cryptocoins are equally useless in practice, but at least they try to serve a purpose. NFTs make no attempt to serve a purpose. It's truly bizarre.
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#97Buying it from such a Legend is what gives it value. It's like Cleese is personally making fun of the buyer! I'm pretty sure this will go down as the Pet Rocks of this era. But... I'm not entirely sure.
Having that it’s John Cleese this may truly become a very valuable NFT even if that wasn’t the intention. The only thing John can do to at this point is get this event as public as possible then denounce it as a big scam and refusing to cash in a very large bid. Alternatively he may actually help jumpstart the NFT
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#98I'd like to defend NFTs from a slightly different angle.
(Leaving aside the carbon emissions - let's assume everyone finally switches to Proof of Stake)
They are stupid. They are pointless. But then so is most of the art world - and going a step forward - so is much of what we value.
As several people have pointed out they are no less arbitrary than a limited edition print vs a commodity print. The value of fine wines escalates exponentially whilst the extra utility you get from any quality improvements trends towards nothing.
Much of what we value is pointless and bordering on delusional. But unless you're a wandering ascetic or superhumanly utilitarian in your consumption (hint - you're probably not even if you think you are) then the difference is one of degree rather than of category.
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#99Apparently there's Fuck You money, and then there's having "I buy NFTs" money. (But you have to say it in Forrest Gump's voice.)
I wonder if there are NFTs of fruit companies.
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#100I'd like to defend NFTs from a slightly different angle. (Leaving aside the carbon emissions - let's assume everyone finally switches to Proof of Stake) They are stupid. They are pointless. But then so is most of the art world - and going a step forward - so is much of what we value. As several people have pointed out they are no less arbitrary than a limited edition print vs a commodity print. The value of fine wine…
I've never really seen anyone heavily take issue with the concept of NFTs. Everybody's just taking issue with the PoW.