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BBC cryptocurrency documentary pulled from air at last minute

theguardian.com

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Re: BBC cryptocurrency documentary pulled from air at last minute

#141

Post by captaincaveman »

knorker wrote: post #134
naasking wrote: post #101

Earlier quoted context omitted.

> Your not buying the rights, that's the most annoying thing about NFTs, that people don't get. You are buying the rights, but they're rights that exist in a pseudo-legal system that has no enforcement and isn't recognized by any existing legal authority. Some kind of enforcement could exist one day though. For instance, it's possible that your house in a "metaverse" might only display art for the NFTs that it verifi…

You are both right. Buying an NFT is buying the right to the NFT. It's not buying the right to the art. Even if NFTs were backed by law, so that if I use your private key to transfer the NFT to me you would be able to use the law to come after me for theft, what I stole from you wasn't the rights to the art. What the grandparent post was complaining about was that it's not even the rights to the art. If you buy the r…

How are you going to get a picture of the Mona Lisa? Take a photo? Your not allowed. The people who own the Mona Lisa, prevent people from taking photos of. They instead they take a photo of it themselves, which is a new creative work and has copyrights. Now they have controlled the market on photos of the Mona Lisa and you need to license photos of it from them.

That's what I heard once anyhow.

Re: BBC cryptocurrency documentary pulled from air at last minute

#142

Post by iso1210 »

avianlyric wrote: post #109
iso1210 wrote: post #87

Earlier quoted context omitted.

In 2010 the TV license was £198.79[0]. Today it's £159, that's a 20% cut, with no real change in output. Over the next 2 years it's coming down another 10% (or more) [1] [0] https://www.in2013dollars.com/uk/inflation/2010?amount=145.5... [1] https://www.gov.uk/government/news/tv-licence-fee-frozen-for...

Accounting for inflation the licence fee in 2010 was £270 in todays money. So in real terms the BBC has seen a cut of 42%, which is kind of insane.

No, in 2010 it was £145.50, which is just under £200 in today's money

However the number of subscribers has not remained static, also unreflected is the free subscription for over 75s which the government did fund but no longer go, nor the withdrawal of money from the government for things like World Service and Monitoring

Total license fee + grant funding in 2010 was £3.95b or £5.39b in today's money. It's down to about £3.9b today, so that's a realterms cut of 28%

Re: BBC cryptocurrency documentary pulled from air at last minute

#143

Post by ninkendo »

cuteboy19 wrote: post #24
luckyandroid wrote: post #11

Earlier quoted context omitted.

Every person I've spoken to who's told me they're interested in crypto literally only care about it to make money, and have no interest in learning how it works. They all treat every last crypto-based use as investment like stocks, and not as a normal economic choice (e.g. "I want $3000 worth of bitcoin to buy a car" is not something people are doing, instead it's all "I want $3000 worth of bitcoin because the intern…

This is largely because there is almost nothing you can do with crypto apart from speculate and gamble. The more I learn about stuff like defi the more I understand just how fractally useless crypto is.

You can use it to pay off the ransomware criminals who pwned your computer I guess...

Re: BBC cryptocurrency documentary pulled from air at last minute

#145

Post by captaincaveman »

conjectures wrote: post #89
captaincaveman wrote: post #27

Earlier quoted context omitted.

Your not buying the rights, that's the most annoying thing about NFTs, that people don't get.

Fairly clearly what you 'get' is dependent on the surrounding system. It's one for a legal-crypto startup but you can imagine selling some NFT being linked to a contract for transfer of copyright. Maybe nobody is doing this, idk, but they could. It's also irrelevant for some applications of NFTs, so it would be a design error to expect every NFT system to enforce copyright transfers.

I agree in principle I think you could (I'm not a lawyer). However, you run into the starting problem of needing a trusted authority to verify a rights holder is in fact the rights holder. Also if the right is exclusive, how is that managed, i.e. prevent them issuing the same rights to many people. All answers thus far seem to point back to a central authority, and then what's the point of it being on blockchain.

Re: BBC cryptocurrency documentary pulled from air at last minute

#146

Post by pjc50 »

globular-toast wrote: post #119
blfr wrote: post #28

Earlier quoted context omitted.

People question it all the time. And a house has obvious utility. It's also kind of a share in the city's future. It can be mispriced but it's not entirely based on hype.

I'm not talking about the houses, though. I'm talking about mortgages. Have you ever wondered why you can't just save up for a house and buy it with cash? Why do you need to first acquire this thing called a mortgage? What part is the bank actually playing in this transaction? You'll pay tax to them for 30 years but what exactly are you getting in return? These are the questions that need to be asked.

> Have you ever wondered why you can't just save up for a house and buy it with cash?

You can.

> What part is the bank actually playing in this transaction?

They're lending you the money.

I assume you have some different, less obvious answers to this? If you're against the lending of money for interest, how about a halal mortgage? https://www.qardus.com/news/halal-mortgages-everything-you-n...

Re: BBC cryptocurrency documentary pulled from air at last minute

#147

Post by captaincaveman »

naasking wrote: post #101
captaincaveman wrote: post #27

Earlier quoted context omitted.

Your not buying the rights, that's the most annoying thing about NFTs, that people don't get.

> Your not buying the rights, that's the most annoying thing about NFTs, that people don't get. You are buying the rights, but they're rights that exist in a pseudo-legal system that has no enforcement and isn't recognized by any existing legal authority. Some kind of enforcement could exist one day though. For instance, it's possible that your house in a "metaverse" might only display art for the NFTs that it verifi…

No, you are not granted copyrights on the image attached to the NFT in all cases I've looked at, spoken to the people behind them and they also agreed.

Doesn't mean this can't be done, but in each case I've looked at, granting of rights (and which specific rights do we even mean?) is not happening.

Further more there is no obligation for anyone to do anything with the image linked to the NFT your the holder of.

Re: BBC cryptocurrency documentary pulled from air at last minute

#148

Post by brazzy »

frockington1 wrote: post #98
dwater wrote: post #97

Earlier quoted context omitted.

Any evidence that this represents the common man freeing himself from the economic authorities and not just the privileged class using it for capital flight and tax evasion?

Any evidence this is the privileged class using it for capital flight and tax evasion and not the common man freeing himself from the economic authorities? In my opinion it doesn't matter. Good for all involved who are taking back control of their wealth

Putting your money into Bitcoin is the opposite of "taking back control".

Re: BBC cryptocurrency documentary pulled from air at last minute

#149

Post by captaincaveman »

captaincaveman wrote: post #141
knorker wrote: post #134

Earlier quoted context omitted.

You are both right. Buying an NFT is buying the right to the NFT. It's not buying the right to the art. Even if NFTs were backed by law, so that if I use your private key to transfer the NFT to me you would be able to use the law to come after me for theft, what I stole from you wasn't the rights to the art. What the grandparent post was complaining about was that it's not even the rights to the art. If you buy the r…

How are you going to get a picture of the Mona Lisa? Take a photo? Your not allowed. The people who own the Mona Lisa, prevent people from taking photos of. They instead they take a photo of it themselves, which is a new creative work and has copyrights. Now they have controlled the market on photos of the Mona Lisa and you need to license photos of it from them. That's what I heard once anyhow.

here you go https://en.wikipedia.org/wiki/Freedom_of_panorama

Re: BBC cryptocurrency documentary pulled from air at last minute

#150

Post by naasking »

captaincaveman wrote: post #147
naasking wrote: post #101

Earlier quoted context omitted.

> Your not buying the rights, that's the most annoying thing about NFTs, that people don't get. You are buying the rights, but they're rights that exist in a pseudo-legal system that has no enforcement and isn't recognized by any existing legal authority. Some kind of enforcement could exist one day though. For instance, it's possible that your house in a "metaverse" might only display art for the NFTs that it verifi…

No, you are not granted copyrights on the image attached to the NFT in all cases I've looked at, spoken to the people behind them and they also agreed. Doesn't mean this can't be done, but in each case I've looked at, granting of rights (and which specific rights do we even mean?) is not happening. Further more there is no obligation for anyone to do anything with the image linked to the NFT your the holder of.

Copyright is a right defined in existing legal systems. I said the NFT defines a new type of right in a new pseudo-legal system.
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