Earlier quoted context omitted.
I don't think the person spending $50k does it with his lifes saving. You don't buy a jpeg, you buy the unique item that John Cleese sold. Same for movie props. You can buy a nice lightsaber below $200. The ones that were used in the movies... a bit more.
> You don't buy a jpeg, you buy the unique item that John Cleese sold. A NFT is not an item. > Same for movie props. You can buy a nice lightsaber below $200. The ones that were used in the movies... a bit more. Those are things. There is no correlation. NFT is selling you a pointer. It's a hash that on one software platform says "that thing over there". When Bob buys a NFT, he isn't buying a lightsaber that he can d…
John Cleese Sells the Brooklyn Bridge as an NFT
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Re: John Cleese Sells the Brooklyn Bridge as an NFT
#402Earlier quoted context omitted.
> Maybe NFTs will not endure, which is a risk for anyone playing a pioneering role in a new genre. That is why the price was not $200 million or more. In any case, this is a world in which Marcel Duchamp’s urinal sculpture still is exhibited in major museums, regarded by many critics as a masterpiece of the 20th century, and it sold at auction for $1.6 million in 2002. Canvases painted a single color, and other forms…
People doubting that a thing is actually art at all seems to be a fairly consistent marker of something being good art. It's fresh, it's pushing boundaries, it's making people think and wonder, it's generating snark and discussion. If readymades are art, if a blank canvas is art, then art is just a scam! Not sure if it will stand the test of time though (I mean technically in terms of the artifacts persisting, and co…
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#403Earlier quoted context omitted.
Patronage is the worst counterpoint (if you meant it as one.) Buying an NFT from an artist you like is direct support.
"Patronage" is a word with a few different connotations. I meant it in the simplest way, which simply means "support".
Re: John Cleese Sells the Brooklyn Bridge as an NFT
#404Earlier quoted context omitted.
The fact that you have insisted (twice!) that the secp256k1 curve will be broken makes it impossible to take anything you have to say on this subject seriously.
Longbets 20 years $5000? I expect quantum to pick up major steam, especially if major state actors want to screw over the Bitcoin network.