Re:Web3 is centralized and inefficient
by blowski on Wednesday March 23, 2022 @02:08AM
(#30775493)
I too struggle with the concept. But I imagine the supporters of NFTs would say the value is in being the only person who can put that sign. It seems like an extremely bizarre form of conspicuous consumption, but there we go.
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>being the only person who can put that sign
And even that is not true. There is nothing preventing literally anyone from creating as many signs they want and point it to any house they want.
as the other poster there is no uniqueness , drm or any restrictions on copying in chain or outside of it.
There is only value because many people think there is value.
Most people are only paying some x for an NFT because they think it is possible to flip it at y >x.
Re:Web3 is centralized and inefficient
by felipellrocha on Wednesday March 23, 2022 @02:13AM
(#30775516)
> But I imagine the supporters of NFTs would say the value is in being the only person who can put that sign
If only that were true