Re:Shopify to lay off 10% of workers in broad shake-up
by no_wizard on Tuesday July 26, 2022 @12:41PM
(#32240621)
Art is something we can appreciate the beauty of and for that alone, we don't per se need originals.
Arguably, however, someone wanting to own the original painting by a well regarded artist (say a van Gogh) you're stepping into Veblen goods territory[0] as its a display of wealth, status and prestige. This is what NFTs are trying to achieve
I disagree. It is pretty possible now to create a replica of a painting that would be indistinguishable to the human eye from a distance of, say, 2 feet.
Yes, the object could still be distinguished by other means, but presumably the only reason we enjoy art like paintings is for their visual effect - there is literally no other reason to appreciate it.
So my point is that the scarcity for the reason we value it in the first place is actually not an inescapable fact for something like a painting.