Ownership of a digital item that can be reproduced isn't worth much. Do you think the person that pirates a digital album of music cares about owning the album when they have possession of the files?
Lmao you can't pirate a nft that's the entire point
That's not the point of nfts
The point of NFTs is proven transferable ownership of a digital item. So you own the first tweet Jack Dorsey made. Who the hell cares?
We’re moving to a more digital world. Many many years away, you may be able to transfer your consciousness to a computer. If that ever happens (and I think it is possible), that digital nft just became “real.”
It's the creation of artificial scarcity so mostly wealthy people can profit. There is a useful case for provable transferable digital ownership. Let's say I buy a copy of a game and I want to resell it... no scratch that companies won't let that happen. How about I own a digital movie and I don't want it anymore... never mind they won't go for that.
The person who can then sell it for tens of thousands will care
I really wish folks would quit taking these things up. To the average person they're either meaningless or a scam to take their money.
A scam when people are making thousands and millions?
People make bank of Primerica too. Still doesn't change the fact that to the average person it's some bullshyt.
Plenty of scams make money so this doesn't help your point.
I don't think I've ever seen Keanu laugh like that.
