If you're a capitalist, this is an amazing reason for valuing the blockchain. It looks just like a decentralized DRM mechanism.

I have a lot more reading to do, but that is what I understand from what I have read so far. Cryptokitties is blowing my mind.

> and enforce a completely artificial cost of production, to make non-scarce goods scarce?

Yes, that is the entire point of this blockchain stuff, isn't it? You get ownership of large natural numbers (coins) that would be trivial to copy otherwise.

Those are just some of the examples and yes it has quite a lot of value. Many things in the physical world is also built on these simple principles.

I wouldn't describe turning Infinity into One as having "quite a lot of value". I'd describe that as pointing a machine gun at value and spraying it with bullets.

You can describe it any way you want. It doesn't change the fact that "value" is not something which is easily defined which again the art scene is a good example but also stamps, coins, stickers, physical Pokemon cards and so on.

You don't build an economy on Pokemon cards!

You build an economy of all sorts of things including pokemon cards. The economy is already there. Not sure what you are trying to get at other than you don't believe in the blockchain which is fine, you don't have to.

Just don't claim that you are somehow making an arugment against it cause you aren't for reasons already outlined.

There is nothing new about the types of businesses which can be created on top of the blockchain other than that they can be digital. But as a value system they are as solid as physical items.

That's a downside of physical, not an advantage.

It's both an upside and a downside depending on perspective.

From a value perspective, it's an upside just ask the art-scene.

That's not an upside. That's a downside that got parlayed into an upside.

Again it depends on the perspective. To those who stand to benefit it's an upside. Just like those who benefit from stock or owning art which has increased in value.