Earlier quoted context omitted.
The JPEG is incidental. What you own is the token. You don't need the legal system to enforce your ownership of it because it is essentially impossible for anyone else to assert ownership of it without your private keys. But whatever, think whatever you want. Just know that you're the guy in 1995 ranting about how this silly Internet fad is just something nerds waste time with.
Owning the token representing a claim on a JPEG is equivalent to owning the token representing a claim on moon land. In 1995 most of the uses of the internet were stupid. Eventually, they became useful. Hopefully the same happens with crypto
“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
161–170 of 184 posts
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#162Earlier quoted context omitted.
>Why would game/platform creators do a ton of work so they could make less money? I know, right? Or to look at another similar situation: why would Verizon, China Mobile, T-Mobile, and AT&T all make their voice/data networks interoperable? Obviously, they wouldn't chose to do that.
They do that because of regulation, not because they want to.
And the analogy is terrible because the whole purpose of telephones is interconnection; the value is in the size of the network. But from the consumer perspective, portability for music purchases or game assets is at best a secondary concern.
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#163Earlier quoted context omitted.
Nobody cares if you download their NFT, it is a joke on crypto twitter
The people getting angry if you tweet at them using their “special” NFT profile picture suggest otherwise.
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#164Earlier quoted context omitted.
Except the real value is in the painting. If it were destroyed, then the certificate would be worthless. If the certificate were destroyed, you could have experts inspect the painting to see how old it is and compare minor defects to those found in duplicates to show its authenticity. No one would want to buy the certificate from you but let you keep the painting in your vaults
> Except the real value is in the painting. If it were destroyed, then the certificate would be worthless. Not true. Banksy sold a painting for $1.4 million and it shredded itself right after the auction ended. Three years later the shredded remains (presumably with the certificate of authenticity) sold for $25.4 million[1]. So, no, the value is not in an intact painting. Forgers can artificially age paintings. It's…
The value of art is art. If we disagree then you are admitting that both the art world and crypto are heavily used for money laundering.
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#165Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#166Earlier quoted context omitted.
Any physical jurisdiction? Probably not. Digital “jurisdictions” like Twitter are starting to support displaying “verified” NFTs though: https://cointelegraph.com/news/bragging-rights-twitter-previ... The next step in the chain is OpenSea, which sounds like they will enforce real world copyrights: https://support.opensea.io/hc/en-us/articles/4404423595667-H... So basically Twitter is outsourcing copyright enforcement…
Copyright enforcers are centralized by nature though (if everyone can be one, then there is zero enforcement of copyright…) Blockchain only makes “sense” because it's hype. (And regarding Twitter, it's mostly because @Jack is a total crypto believer).
I think a blockchain can still be useful in federated systems.
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#167Earlier quoted context omitted.
Yes, and I have been using it since then, this is quite something else tho.
> this is quite something else In what way, specifically? From your original comment: "imagine something like steam profile avatars/pictures etc. tied to your identity that you can use on any page that implements it." That sounds 100% like Gravatar. We already have exactly that, without any of the problematic aspects of being tied to NFTs or blockchain.
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#168Isn’t the point of NFTs that it verifies ownership, not “you’re the only one that can access the content” (although there are indeed NFTs that can only allow the owner to decrypt the content)? It’s like video game cosmetics - many people can have the same skin, but people you want to impress or show off to can see that you own x, y, and z.
Yes, but NFT “owners” get real mad if you right click > Download Image the art they “own”.
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#169Earlier quoted context omitted.
> Except the real value is in the painting. If it were destroyed, then the certificate would be worthless. Not true. Banksy sold a painting for $1.4 million and it shredded itself right after the auction ended. Three years later the shredded remains (presumably with the certificate of authenticity) sold for $25.4 million[1]. So, no, the value is not in an intact painting. Forgers can artificially age paintings. It's…
Banksy is gimmicky. The value of art is art. If we disagree then you are admitting that both the art world and crypto are heavily used for money laundering.
Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs
#170NFTs are obviously a bit silly, BUT, it would be nice if things bought on platforms like Steam, Roblox, Amazon, iTunes etc. were transferable to other games/platforms. The platform providers would still need to agree that a specific blockchain / NFT is actually the source of truth, and so it's not really trustless. But the internet itself isn't perfectly decentralized either. I could see a future where developers cou…
Would that be nice? Sure. Are NFTs likely to do that? No. Why would game/platform creators do a ton of work so they could make less money? And even if they wanted to, which they won't, why would they bless some specific blockchain with that power? If that is at all viable, somebody like Steam or Amazon will want it to be their own digital assets registry that wins. For that, they don't need a blockchain, just a datab…
https://www.theverge.com/2021/10/15/22728425/valve-steam-blo...