Earlier quoted context omitted.
Less of a scam than NFTs though
Yea, you actually get the card. Not a pointer to it
So you pay money for cardboard with ink on it, and it’s worth thousands? Sounds sus
The NFT market hasn’t crashed – it was never not crashed
21–30 of 31 posts
Re: The NFT market hasn’t crashed – it was never not crashed
#22Earlier quoted context omitted.
Yea, you actually get the card. Not a pointer to it
So you pay money for cardboard with ink on it, and it’s worth thousands? Sounds sus
No, but I'd be more amenable to the price for the verifiable cardboard than infinitely numbered unauthoritative pointers
Re: The NFT market hasn’t crashed – it was never not crashed
#23Re: The NFT market hasn’t crashed – it was never not crashed
#24Earlier quoted context omitted.
So you pay money for cardboard with ink on it, and it’s worth thousands? Sounds sus
No, but I'd be more amenable to the price for the verifiable cardboard than infinitely numbered unauthoritative pointers
You realize it’s not the pointer to a jpg that makes an NFT valuable, it’s the provability of the artist that published it?
Re: The NFT market hasn’t crashed – it was never not crashed
#25Re: The NFT market hasn’t crashed – it was never not crashed
#26Earlier quoted context omitted.
No, but I'd be more amenable to the price for the verifiable cardboard than infinitely numbered unauthoritative pointers
You realize it’s not the pointer to a jpg that makes an NFT valuable, it’s the provability of the artist that published it?
I recognize the distinction, but I don't believe it makes it particularly valuable.
The concepts are so abstract I have a hard time even discussing it. I'm not a collector or market person at all.
I'd be hard to convince buying anything of this sort of novelty. No judgement against those who do, I just grew up poor and protect my disposable income like a dragon.
The 'pointer' tells me the thing I reportedly own exists as a part of the chain, it doesn't certify any particular uniqueness or rarity, for example.
As long as it's affordable to mint, could I not could lob a personal attack and 'devalue' an NFT by cloning it? I suspect given the amount of speculation around these, it may even prove profitable for some time.
Re: The NFT market hasn’t crashed – it was never not crashed
#27Earlier quoted context omitted.
You realize it’s not the pointer to a jpg that makes an NFT valuable, it’s the provability of the artist that published it?
I recognize the distinction, but I don't believe it makes it particularly valuable. The concepts are so abstract I have a hard time even discussing it. I'm not a collector or market person at all. I'd be hard to convince buying anything of this sort of novelty. No judgement against those who do, I just grew up poor and protect my disposable income like a dragon. The 'pointer' tells me the thing I reportedly own exist…
Yes, you could go and mint NFTs claiming to be authentic.
The same way you can try selling fake Rolex’s or picasso’s.
Any serious buyer would attempt to vet the items provenance to make sure it’s authentic. You might be able to pull a quick one on some, but that’s not unique to crypto.
Re: The NFT market hasn’t crashed – it was never not crashed
#28Earlier quoted context omitted.
That's like calling an Andy Warhol a piece of paper with acrylic on it. Provenance is a thing.
And cryptographic proofs are not a form of provenance?
A physical object with provenance is of significantly more historical significance.
A minted basketball card is actually even more anti-fragile than crypto. The crypto network may flop and cease to exist or be relevant. A card is a true artifact of sports history.
Re: The NFT market hasn’t crashed – it was never not crashed
#29Earlier quoted context omitted.
And cryptographic proofs are not a form of provenance?
A physical object with provenance is of significantly more historical significance. A minted basketball card is actually even more anti-fragile than crypto. The crypto network may flop and cease to exist or be relevant. A card is a true artifact of sports history.
> is of significantly more historical significance
Hmm, maybe, or maybe a video representation of the moment, endorsed and co-branded by the league and the athletes, will come to be as valuable or more valuable than a physical photo print of that moment as represented by trading cards.
A trading card doesn’t survive a house fire or flood. How can a card be a true artifact of sports history when its also just a derivative product?
Re: The NFT market hasn’t crashed – it was never not crashed
#30NFTs were always a scam.
Quoted post unavailable.
You can't post like this here. Since you've been breaking the HN guidelines repeatedly in other places too,
I've banned the account.
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