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
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
[0]: https://en.wikipedia.org/wiki/Veblen_good