Re:Non-Fungible Olive Gardens
by mikeg8 on Tuesday December 21, 2021 @08:18PM
(#29644382)
Right click, save as = free.
A worthy replica Rolex that feels similar in quality to a real one will still cost hundreds, if not thousands, of dollars. The $20 dollar replicas feel noticeably cheaper and will not provide the same satisfaction.
If people feel like they can get more personal enjoyment from spending money on a digital asset that everyone else can enjoy for free, great. That's a signalling game. But I don't think its hard to understand why a lot of people are skeptical on the real utility behind NFTs in regards to art and creative works.
A worthy replica Rolex that feels similar in quality to a real one will still cost hundreds, if not thousands, of dollars. The $20 dollar replicas feel noticeably cheaper and will not provide the same satisfaction.
If people feel like they can get more personal enjoyment from spending money on a digital asset that everyone else can enjoy for free, great. That's a signalling game. But I don't think its hard to understand why a lot of people are skeptical on the real utility behind NFTs in regards to art and creative works.