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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 paxys on Friday October 01, 2021 @12:22AM (#28714512)
If you buy a Babe Ruth baseball card you aren't buying the rights to Babe Ruth. It's the card itself which is valuable, as a product of the context it was issued in. I don't know why that part, as it translates to NFTs, is so difficult for people to understand.
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Re:NFT projects are just MLMs for tech elites by system2 on Friday October 01, 2021 @02:36AM (#28715348)
You have the right to copy of that Babe Ruth baseball card and place it on a t-shirt. If someone uses that exact card's image to do this, you can sue them for copyright infringement.

With NFT this cannot be done.

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Re:NFT projects are just MLMs for tech elites by paxys on Friday October 01, 2021 @03:25AM (#28715629)
The only thing copyrightable on that card is the photo, and you don't own the rights to it, the photographer/issuing company does.
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Re:NFT projects are just MLMs for tech elites by exporectomy on Friday October 01, 2021 @03:02AM (#28715506)
What? Surely not. Someone else still owns the copyright of baseball cards, don't they? Or are baseball cards special in that they come with a kind of copyright ownership when they're sold? I doubt that.
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Re:NFT projects are just MLMs for tech elites by darthvoldemort on Friday October 01, 2021 @01:17AM (#28714858)
Because I can look at the baseball card. I can display the card as well.

If you want to print out an NFT display that, go ahead but it's pretty meaningless.

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Re:NFT projects are just MLMs for tech elites by Tenoke on Friday October 01, 2021 @02:12AM (#28715214)
A Babe Ruth card is pretty meaningless, too. It's hardly great to look at but you can derive pleasure from knowing you own it for some reason.
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Re:NFT projects are just MLMs for tech elites by enneff on Friday October 01, 2021 @02:29AM (#28715294)
They’re valuable to collectors as there is a finite supply of them. There is literally an infinite supply of NFTs, and the works they are a pointer to can be cloned digitally. There is no comparison.
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Re:NFT projects are just MLMs for tech elites by Tenoke on Friday October 01, 2021 @02:32AM (#28715327)
There is a finite supply of a given NFT and infinite cards can be printed by someone else, you just only care for those minted by a particular authority in either case.
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Re:NFT projects are just MLMs for tech elites by exporectomy on Friday October 01, 2021 @03:06AM (#28715524)
You don't need to own the card to do that. Just google image search and look at your screen. If you like cardboard cards, print one on cardboard.
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