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A comment on Lets talk about how NFTs are a giant scam. Parent comment

Re:Lets talk about how NFTs are a giant scam by LurkingPenguin on Wednesday October 13, 2021 @07:54AM (#28851027)
> Yes the popular use case right now of expensive art and "selling a JPG" is rather silly...

There's nothing silly about "selling a JPG". Billions of dollars are spent annually on digital copies of photos. People pay for (high) resolution and rights.

Selling an NFT is usually "selling an NFT", not even "selling a JPG". Most of the time the NFT just points to a piece of digital media accessible to anyone, and it conveys no rights of ownership or use of that digital media.

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Re:Lets talk about how NFTs are a giant scam by meheleventyone on Wednesday October 13, 2021 @08:11AM (#28851148)
> Most of the time the NFT just points to a piece of digital media accessible to anyone, and it conveys no rights of ownership or use of that digital media.

Or very surprisingly any guarantee that the media pointed to is immutable or won't disappear.

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