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Re:Stonks Are What You Can Get Away With: NFTs and Financial... by sudosysgen on Sunday June 20, 2021 @06:21PM (#27574402)
In general for these goods the use value comes with the visual signaling. No one is going to check that the NFT is owned by you in public.

The other value comes with being able to enjoy the utility of the good without risking someone noticing you're wearing a counterfeit. Again, no one's going to check that you hold the NFT.

In that sense, it makes the counterfeit's value higher.

Re:Stonks Are What You Can Get Away With: NFTs and Financial... by ww520 on Sunday June 20, 2021 @07:06PM (#27574636)
The visual signaling isn't that because NFT is a new thing. Someone will come up with NFT based visual signaling pretty soon.