News for hackers. Stuff that matters.

A comment on John Cleese Sells the Brooklyn Bridge as an NFT. Parent comment

Re:John Cleese Sells the Brooklyn Bridge as an NFT by solveit on Sunday March 21, 2021 @09:56PM (#26536031)
Yes, but a baseball card is just a piece of paper with some ink on it. It's only trivially harder[1] to replicate than a pointer to a JPEG. We have already established that sentimental value + proof of provenance suffices to yield basically any market price. Take this concept to its logical conclusion, and you get NFTs.

[1] At the price levels we're discussing.

[ Parent | on HN ]
Re:John Cleese Sells the Brooklyn Bridge as an NFT by Igelau on Sunday March 21, 2021 @10:36PM (#26536269)
> We have already established that sentimental value + proof of provenance suffices to yield basically any market price.

Those are some of the means by which we arrive at price.

> Take this concept to its logical conclusion, and you get NFTs

Mistake this concept for an end by itself and you get NFT.

[ Parent | on HN ]