News for hackers. Stuff that matters.
Re:On the Impending Deletion of Charlie Bit My Finger by melomal on Thursday May 27, 2021 @10:07AM (#27303308)
NFTs remind me of 'buy a star' companies.

You apparently 'bought' a star but anyone can look at it, I imagine that multiple people own the same star and everyone is none the wiser.

I assume this is why NFTs work. Make someone pay for 'exclusivity' (real or not) and then just assume that most people won't look into the details, where the devil is.

Re:On the Impending Deletion of Charlie Bit My Finger by Buttons840 on Thursday May 27, 2021 @10:57AM (#27303907)
Indeed. All this talk of NFTs, but what blockchain are they on? Don't new blockchains pop up everyday? I mean, my own blockchain (a text file I only append to, but let's not get sidetracked on implementation details) says I own Charlie Bit My Finger. Now what?
Re:On the Impending Deletion of Charlie Bit My Finger by melomal on Thursday May 27, 2021 @11:04AM (#27303984)
> my own blockchain (a spreadsheet

Gave me a good chuckle

If you were to input some sort of contract terms into a cell, snapshot it, upload it to the cloud and only provide view access to the public, you would have a full fledged blockchain platform.

Can't use Google Sheets because that would centralize it, I imagine?

Re:On the Impending Deletion of Charlie Bit My Finger by asddubs on Thursday May 27, 2021 @11:07AM (#27304008)
i'll give you $300,000 in bitcoin if you put my name in that spreadsheet next to charlie bit my finger
Re:On the Impending Deletion of Charlie Bit My Finger by Traubenfuchs on Thursday May 27, 2021 @10:43AM (#27303728)
> NFTs remind me of 'buy a star' companies.

Amazing comparison! They are truly the same.

Re:On the Impending Deletion of Charlie Bit My Finger by TigeriusKirk on Thursday May 27, 2021 @10:20AM (#27303467)
What if the opportunity arose to purchase the Mona Lisa, but only with the unalterable condition that it remain in the Louvre forever.

Do you think it would sell for a high price?

Re:On the Impending Deletion of Charlie Bit My Finger by hervature on Thursday May 27, 2021 @10:44AM (#27303759)
I think this oversimplifies things. Would you “buy” the Mona Lisa from a random website with the condition that you have no rights to the property? I wouldn’t. If the Mona Lisa was put on sale by the Louvre with the aforementioned clause, I would be intrigued.
Re:On the Impending Deletion of Charlie Bit My Finger by beckingz on Thursday May 27, 2021 @10:22AM (#27303483)
Yes.

Sometimes the point is just ownership regardless of usage. Useful as a bragging point or money laundering opportunity.

Re:On the Impending Deletion of Charlie Bit My Finger by virtue3 on Thursday May 27, 2021 @10:42AM (#27303724)
If you got to put your name on the card at the museum I'm sure it would sell for something ridiculous.
Re:On the Impending Deletion of Charlie Bit My Finger by headmelted on Thursday May 27, 2021 @10:55AM (#27303883)
I mean, possibly, if you're the curator of the Louvre.

.. are you the curator of the Louvre?

I assume while we're on the topic that the guarantee has been written into a formal legal document, witnessed by a recognised party, that is enforceable in court, and which guarantees the terms in perpetuity?

Re:On the Impending Deletion of Charlie Bit My Finger by croon on Thursday May 27, 2021 @11:05AM (#27303994)
I can give my opinion/guess to your question, and I still have no idea how it relates to NFTs.
Re:On the Impending Deletion of Charlie Bit My Finger by floxy on Thursday May 27, 2021 @12:08PM (#27304683)
>You apparently 'bought' a star but anyone can look at it

Next iteration, selling magnitude 20 stars. Not just anyone can look at those.