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A comment on NFT projects are just MLMs for tech elites. Parent comment

Re:NFT projects are just MLMs for tech elites by stickfigure on Thursday September 30, 2021 @11:30PM (#28714152)
You can hang a painting on your wall and flaunt it. Nobody looks at the bits on your hard disk.
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Re:NFT projects are just MLMs for tech elites by doublerebel on Thursday September 30, 2021 @11:33PM (#28714176)
Many NFTs either come with or are designed for a physical representation. 100s or 1000s are already installed and viewable IRL. Being an NFT does not preclude the art from being traditionally enjoyed.
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Re:NFT projects are just MLMs for tech elites by stickfigure on Thursday September 30, 2021 @11:45PM (#28714238)
Being an NFT does not preclude anyone else from hanging the exact same physical representation on their wall. Exclusivity matters if you want to impress your rich friends.
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Re:NFT projects are just MLMs for tech elites by doublerebel on Friday October 01, 2021 @12:01AM (#28714354)
That is a circular argument. That is the same argument as print vs original -- NFT owners are paying for the original to support the art regardless of how accurate a print may be.

It's much more impressive to those people to have paid to support the original rather than having a knockoff... This has been true as long as goods have been produced.

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Re:NFT projects are just MLMs for tech elites by eropple on Friday October 01, 2021 @12:57AM (#28714731)
> NFT owners are paying for the original to support the art

This is a funny way of saying "to enter a speculative market with foolish money."

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Re:NFT projects are just MLMs for tech elites by robjan on Friday October 01, 2021 @12:18AM (#28714482)
The physical representation of the "print" and "original" can be identical and indistinguishable in the case of an NFT
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