News for hackers. Stuff that matters.
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by lottin on Saturday November 20, 2021 @06:20AM (#29287102)
Ownership implies some kind of exclusive rights. If everybody has the same rights over the content as the supposed owner, it means they're not the owner.
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by detaro on Saturday November 20, 2021 @06:22AM (#29287113)
But just because you have the ability to download something from the internet doesn't mean you have the same rights to it as someone who has given some kind of license to it (which is often attached to NFT sales).
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by lottin on Saturday November 20, 2021 @06:58AM (#29287320)
A license to download some content that is otherwise publicly accessible? At any rate, copyright licenses cannot be enforced with smart contracts, because smart contracts cannot stop members of the public from making unauthorised copies. Copyright licenses can only be enforced by entities that have coercive power over individuals, e.g. courts of justice, but then the whole NFT becomes redundant because owning the NFT doesn't do anything, because in order to enforce your license you would need to have the proper paperwork and file a suit against the offending party.
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by detaro on Saturday November 20, 2021 @07:02AM (#29287347)
There are more types of rights than "the right to download", I didn't say anything about that.

> At any rate, copyright licenses cannot be enforced with smart contracts

Wasn't claimed either. Why do people keep inventing claims to then criticize them? (I'm not even into NFTs, don't own any and don't plan to, but a lot of the reaction is just bizarre. No, they don't magically enforce copyright. No, they also aren't supposed to.)

Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by GDC7 on Saturday November 20, 2021 @06:45AM (#29287239)
And how is the licence enforced?

Is it recognized by the law? Can people sue those who fail to comply with it?

You can do all the circular reasoning you want but at the end of the day everything is backed by violence and coercitive power.

That's why nations have army/navy , to make other countries know that what they say carries weight because they can back it up with bullets and bombs, not just words.

Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by detaro on Saturday November 20, 2021 @07:07AM (#29287373)
... yes, licenses still rely on copyright law, well spotted. Is that supposed to be surprising or a novel insight?
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by GDC7 on Saturday November 20, 2021 @07:16AM (#29287431)
How can you enforce copyright law when I right click an NFT piece of art, then print it and hang it in my home?

You can't.

Besides, NFT enthusiasts have the illusion that the graphic art market is big. It's not.

Just think about how many people you know that have a painting in their home. And no, the IKEA type paintings do not count. I mean a genuine painting.

Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by detaro on Saturday November 20, 2021 @07:19AM (#29287449)
> How can you enforce copyright law when I right click an NFT piece of art, then print it and hang it in my home?

Yep, same as any other licensed thing. Because copyright law is still just copyright law. NFTs don't magically add universal enforcement, and aren't supposed to.

> NFT enthusiasts have the illusion that the graphic art market is big. It's not.

Yes, there is a lot of crazy hype and over-expectations around, and sadly getting most of the attention.

Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by JohnFen on Saturday November 20, 2021 @07:56AM (#29287675)
> How can you enforce copyright law when I right click an NFT piece of art, then print it and hang it in my home?

In the US, anyway, doing that would not be a copyright violation.