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Re:Why would anyone spend millions on what's essentially a l... by approxim8ion on Wednesday March 17, 2021 @07:28AM (#26489542)
It's less about the thing than it is about being able to say they own said thing.
Re:Why would anyone spend millions on what's essentially a l... by JoeAltmaier on Wednesday March 17, 2021 @10:38AM (#26491854)
But do they? We can all have it. Its digital. Their access is identical to mine.

If you believe in this stuff as 'ownership', then I have a bridge in Brooklyn I can sell you. I can even register it on a blockchain!

Re:Why would anyone spend millions on what's essentially a l... by approxim8ion on Wednesday March 17, 2021 @01:34PM (#26494390)
Hilarious, but it's not about access though is it? I'm not saying they claim to own the artwork. They own the NFT, and ergo the bragging rights. I think of it as just another indulgence that is a conversation starter or whatever. It'll either go out of fashion or stay in. They're hardly the first useless commodities to suddenly be deemed valuable and they won't be the last.
Re:Why would anyone spend millions on what's essentially a l... by JoeAltmaier on Friday March 19, 2021 @10:06AM (#26513475)
I have a buddy that doesn't buy lottery tickets. I say "I like to fantasize about if I win." He responds, "I fantasize without buying the lottery ticket."

If I imagine I own the NFT, then I can have the bragging rights too. I just make it up. Which is pretty much the same thing.

Re:Why would anyone spend millions on what's essentially a l... by approxim8ion on Friday March 19, 2021 @11:47AM (#26514704)
I suppose you're right, but you'll look silly if someone decides to call your bluff and ask you to prove it right after the brag.
Re:Why would anyone spend millions on what's essentially a l... by JoeAltmaier on Friday March 19, 2021 @12:29PM (#26515300)
Then I'll register it on a backwater blockchain somewhere. Voila!