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A comment on The Unreasonable Ecological Cost of CryptoArt. Parent comment

Re:The Unreasonable Ecological Cost of CryptoArt by adnzzzzZ on Friday March 12, 2021 @08:03AM (#26435380)
If there are artists making money that previously weren't then that proportion is irrelevant. It's a completely voluntary system, no one is forced to use it or care about it.
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Re:The Unreasonable Ecological Cost of CryptoArt by iamacyborg on Friday March 12, 2021 @08:46AM (#26435746)
Except for the many artists who are having their work stolen.
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Re:The Unreasonable Ecological Cost of CryptoArt by bsanr2 on Friday March 12, 2021 @12:40PM (#26438436)
Those are unauthorized. Too bad to the collectors who gave their money to scammers, but those NFTs are worthless the moment the artist declares them forgeries.
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Re:The Unreasonable Ecological Cost of CryptoArt by iamacyborg on Friday March 12, 2021 @01:08PM (#26438798)
Worthless according to who? It's not like the artist can take ownership of the NFT
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Re:The Unreasonable Ecological Cost of CryptoArt by bsanr2 on Sunday March 14, 2021 @05:12PM (#26459248)
The value of an NFT is in its provenance, just as with traditional works. If you forge a Mondrian, it won't be worth as much as an original Mondrian. It's even worse for NFTs since anyone can own the file data; the value of the NFT is almost purely its relationship to the artist.
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