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is that because physical paints can't be immediately copied like a sequence of bits can?
No, or at least not entirely. Even if I was to (theoretically) copy the Mona Lisa so perfectly that no existing technology could tell the difference, the original would still be worth more than my copy.
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The loss of fidelity between the physical original and a $15 print is comparable to 10,000 generations of jpg decoding and re-encoding.
The original you see today isn’t the original that would have been seen immediately after it was painted. Mona Lisa is pretty crap anyway, if you ever find yourself in the Louvre, look at what’s hung on the opposite wall. Now that is an impressive painting.
Exactly proving my point.
A $15 print of the Mona Lisa makes it look good.
In truth, the painting is suffering from deterioration, the poplar panel is warped, the columns that used to frame her are missing, and restoration has obscured some details. A print doesn't convey the physicality of the cracked, rough surface of the paint, the sfumato technique, the almost total lack of visible brushstrokes, the gauzy veil, Mona Lisa's hair, the luminescence of her skin and the overall impression of glowing.
Whatever the actual quality and condition of the original, no reproduction will adequately represent it.
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Wait how do I do text over wifi?
I believe Google Voice can do text directly from the app, no cell service required (just an internet connection). And my phone service has been able to do LTE over WIFI for a number of years.
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That's more on simply poor cell service if anything at all though no? The tech even then seemingly worked for you then. Your anecdotal is comparable to saying students at a college not being able to add one another on Facebook in it's early days, because the campus Wi-Fi was on the fritz.
Except that… you don’t need to use Facebook to hypothetically buy food or goods or services… Facebook isn’t an appropriate analog to what BTC/crypto aims to be.
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No, or at least not entirely. Even if I was to (theoretically) copy the Mona Lisa so perfectly that no existing technology could tell the difference, the original would still be worth more than my copy.
but that's because it was created by a genius, not someone with Adobe Illustrator?
If the Mona Lisa's value was determined purely from physical traits my perfect copy would be worth exactly the same.
I dislike crypto, especially NFTs. But here's my best attempt at understanding. BAYC transfers ownership of IP for the ape you've bought. It's not just a picture of the ape on OpenSean; you can use it. There's something really fascinating about this. It's one character, but it's also broadly part of the larger ecosystem. We're so used to, say, Disney owning IP. But what if you could spend $300k and have a restaurant…
At least Mickey Mouse has some cultural significance. Does anyone give a shit about these ape cartoons beyond the fact they’re NFTs?
Mickey had been around since 1928. I don’t think we’ll care about BAYC, specifically, but I do think it’s premature to say no NFT-based project will ever have any significant cultural impact.
Almost every human on the planet knows who Mickey Mouse is, and one corporation benefits. Aren’t you at least curious about a world where ownership of cultural icons is shared?
(I love Disney and hate NFTs so this is a weird position for me to be in, for the record)
> Perhaps that was what Nguyen was thinking when he spent more than $330,000 on the various ape NFTs on display at his restaurant. Wow. I can't imagine what anyone is thinking when they pay that much to brag about some random blockchain that says they own an arbitrary URL that may or may not link to an image.
That actually doesn't apply to Bored Apes. With those NFTs you get copyright ownership of the image.
Who’da thunkit
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No, BAYC license terms say that whoever owns the NFT has the commercialization rights. Now, all you have to legally is prove that you own the NFT, because theft and computer hacking aren't a legally accepted way to transfer ownership.
so long as BAYC continue to honor that agreement . And as an owner of a second hand ape you have no legal recourse if they (or their successors, or their receivers during their bankruptcy) decide they no longer want to.
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I'll agree with anyone saying that this NFT craze is idiotic, and that most cryptocurrencies don't have any utility, but to say that crypto isn't fast, cheap or secure is like saying 90's internet couldn't have webpages with pictures because gopher couldn't have pictures. I send money to my sister from my algorand wallet to hers in one second (literally), any amount for something like $0.0001. I'm not well versed eno…
>Right now it's by far the best method to send money accross the globe. No it is not. In banking and in payments, security typically means that there are guarantees your money will not suddenly disappear or get stolen by hacks and fraud, which cryptocurrencies have zero guarantees against. In fact, it is extremely likely that at some point your money will disappear, because the value of these coins is extremely manip…
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I believe Google Voice can do text directly from the app, no cell service required (just an internet connection). And my phone service has been able to do LTE over WIFI for a number of years.
Ah my phone doesn't have apps, that makes sense though.