Re:My First Impressions of Web3
by _heimdall on Sunday January 09, 2022 @10:40AM
(#29864153)
I don't even know if I like this idea, but it'd be a different ball game if NFTs held legal status. That goes pretty counter to many of the usual benefits claimed of crypto projects,but if an NFT was treated as legally binding ownership that could make them really useful
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Re:My First Impressions of Web3
by magicalhippo on Sunday January 09, 2022 @12:06PM
(#29865136)
Right but without any legal aspects, what use could they be?
Anything in them can be copied trivially, so on their own they are per definition not unique hence fairly worthless.
If they're only useful when two parties agree they are worth something during an exchange, how are they different from plain cryptocoins?
I mean this is a bit similar to the GPL, it would be useless if courts declared it can't be enforced.