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Re:On the Impending Deletion of Charlie Bit My Finger by LegitShady on Thursday May 27, 2021 @11:21AM (#27304179)
In other words, its a digital certificate of ownership/rights that has no enforcement mechanism and still requires a contract, a lawyer, a court, and a society that enforces rights laws to run.

NFTs are actually speculation scams being run on the uninformed using buzzwords like blockchain and crypto while themselves being worthless. A digital certificate of authenticity for an infinitely reproducible good which still requires major cost and legal intervention to enforce.

A highly corrupt speculation scam using buzzwords about blockchain.

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