Pieter12
Allowing Ads
We're all going to hell.
No, no and yes. You do not own the rights, just the digital file. Usually an NFT originates as a digital image, so it is not necessarily a copy--but who can tell? Magnum seems to be selling some predigital photos as NFTs, so they're obviously scans. What you buy is a unique digital mark (not a watermark) embedded in the file that is registered to indicate it is yours, and there is only one such mark per image. Magnum can only sell it once as an NFT (you can resell it), but they own the rights and can also distribute it for free if they want.I don't get it, what do you get if you buy an NFT? A digital copy of the image? Rights to use the image? Is there only one NFT ever produced per image?
No, no and yes. You do not own the rights, just the digital file. Usually an NFT originates as a digital image, so it is not necessarily a copy--but who can tell? Magnum seems to be selling some predigital photos as NFTs, so they're obviously scans. What you buy is a unique digital mark (not a watermark) embedded in the file that is registered to indicate it is yours, and there is only one such mark per image. Magnum can only sell it once as an NFT (you can resell it), but they own the rights and can also distribute it for free if they want.
So you can brag to your friends that you have the NFT. Meanwhile, I can view a digital copy online for free. Sorry, I just don't see the value.
Like I said, we're all going to hell.
No, no and yes. You do not own the rights, just the digital file. Usually an NFT originates as a digital image, so it is not necessarily a copy--but who can tell? Magnum seems to be selling some predigital photos as NFTs, so they're obviously scans. What you buy is a unique digital mark (not a watermark) embedded in the file that is registered to indicate it is yours, and there is only one such mark per image. Magnum can only sell it once as an NFT (you can resell it), but they own the rights and can also distribute it for free if they want.
I'd rather buy a star.
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The star will last longer even though you are buying nothing when you buy a star.
But can you resell a star?
If a star, which cannot be sold or owned, is sold to someone, then there is no limit to the number of times it can be resold.
I'd rather buy a star.
Name a Star with a personalized Star Certificate as Gift
Name a visible star and receive a personalized certificate, star map, and app access. Trusted by 500,000+ customers since 2012—fast shipping and money-back guarantee.www.star-registration.com
The star will last longer even though you are buying nothing when you buy a star.
They'll last longer than an NFT.
But can you resell a star?
If a star, which cannot be sold or owned, is sold to someone, then there is no limit to the number of times it can be resold.
That actually makes more sense than an NFT.
Great summation. "No one ever lost money underestimating the intelligence of the average American." attributed to H L Mencken.
Great summation. "No one ever lost money underestimating the intelligence of the average American." attributed to H L Mencken.
Don't be such a chauvinist. There are stupid people all over the world. Unless that's part of "American Exceptionalism."
Like I said, we're all going to hell.
I can buy a drink or a snack or a few quarts of gasoline with that $5 bill (but not a roll of film!). And I can be fined more of those dollars if I violate copyright law. If I hack into and steal someone's NFT, there are no consequences I know of.If you have a $5 bill in your pocket, its value is also an abstraction.
And the law of copyright is a complete abstraction.
Value comes from consensus for much of what we value in everyday life.
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