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Charlie Bit My Finger video to be taken off YouTube after selling for £500k

bbc.com

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Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#11

Post by [deleted] »

dlevine wrote: post #6

This is potentially the beginning of a very interesting trend, and something I have spent some time thinking about. My sense is that owning an NFT should allow you to control access to that content (even if your choice is just to make it publicly accessible). NFT doesn't have an ACL layer built in, so this would need to be added (has anyone already done this?) One open question is whether it actually makes sense to h…

[deleted]

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#12

Post by jrochkind1 »

When someone bought this NFT (or in general), did someone sign a contract with you saying they transferred ownership in the intellectual property the NFT "represented"? (Ie, was at the other end of the URL, I guess?)

Cause the NFT itself means nothing to courts or laws, does it?

If someone owns the copyright in that video, they can send YouTube takedown notices. But what, if anything, makes NFT proof of ownership of copyright? How do you even know the person that sold it to you had the copyright to transfer, and did they transfer it?

One of the things that seems irraitional about this NFT market.

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#13

Post by recursive »

flowerlad wrote: post #2

NFTs may be a way for open source developers to make some money off of their work. Linus Torvalds could make a few hundred millions by selling an NFT for Linux, considering a JPG file sold for $69 million [1]. [1] https://www.nytimes.com/2021/03/11/arts/design/nft-auction-c...

What is an "NFT for linux"?

Maybe selling a banana taped to a wall could be a way for people to make money, considering one of those sold for ${OUTRAGE}.

Is Linus running out of money or something?

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#15

Post by BitwiseFool »

intricatedetail wrote: post #3

Is there any book about this phenomenon, that people spend fortune on memes?

Not that I know of directly, but there is a phenomenon where the ultra-rich "purchase" (but rarely take possession of) items in an exclusive catalog and the item's ownership/heritage is seen as a status symbol. The first thing that comes to mind is the Codex Leicester, which is now owned by Bill Gates and people were expecting him to rename it "Codex Gates" but he didn't. https://en.wikipedia.org/wiki/Codex_Leicester

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#17

Post by ALittleLight »

I would describe myself, usually, as not a jealous man. I don't recollect the last time I've felt jealousy. But, something about NFTs provokes anger within me. Maybe that anger is jealously.

It feels like NFTs are a mockery of the "market" for lack of a better word. When I think of what I would need to sell (items or time doing labor) to get these amounts and how incredibly useless NFTs actually are... It's frustrating.

I don't feel this way about inherited wealth, or people who got money through the lottery, or for being famous reality show people, but something about NFTs really rubs me the wrong way.

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