Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism...
by bostonsre on Saturday February 12, 2022 @09:26AM
(#30313027)
I think a large majority of the population just think this stuff is silly and I highly doubt anyone would want to put legislation through to help these companies that arguably don't contribute much to society. I also don't think it would be popular to spend lots of tax dollars enforcing this stuff.
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism...
by verve_rat on Saturday February 12, 2022 @01:59PM
(#30315265)
If it wasn't clear, I am part of that population that thinks this is all very silly. The point of my rambling was to point out that the solution to NFT/blockchain problems boil down to contracts and lawyers and courts. Things that we already have and can use without NFT/blockchain bullshit.
We have courts and lawyers and contracts. We need to use those to make NFTs work, so why are NFTs valuable again?
So, we need a contract to link an NFT to a work. That contract should also spell out all the things the NFT holder can do (maybe the creator didn't want to, or isn't allowed to, sell all rights).
So contract the says who owns a work and what they can do with it, enforced by a legal framework and the courts. That us all you need to make NFTs make sense, I don't see what the problem is.
What's that? If you have the contract, why do you need an NFT? Well, what scrub would buy a paper contract with bitcoin? It's not even on a block chain!