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The image is not the NFT. How do people still not get it. You own the TOKEN not the image
Oh yeah? If you own the token, show it to me. Hold it up in your hands. Show it to me fungibly.
I mean, I own a snow shovel but I have no way to prove it because I'm not at home and I don't have a photo of it.
I'm not saying blockchain is amazing, and I don't even think we'll put it to any good use (I mean it's been years), but the concept of property can be nebulous.
I was just talking shit about NFTs since they are specifically non-fungible. I have a dim view of them, and have yet to see a use case that couldn't be done more elegantly through account ownership, like owning a game on Steam for example. I know proponents like to argue that they own their token, and I don't own my games, but I feel like enacting laws over software ownership can fix that, where NFTs are fundamentally valueless without a company providing value. Like the Nascar mobile game NFTs that became worthless once the game was canceled. I own the token for a virtual car, but it now does nothing and has no value. And I wouldn't mind that, except for the fact that the lock chain is inherently resource intensive, so we wasted a lot of electricity and clean water to prove someone has a now useless Dale Earnhardt.
NFTs are useful in cases far removed from owning a jpeg. Things like supply chain, where each item is tied to an NFT, akin to a tracking number. You now have an immutable history of when and where each item is along every step of the supply chain
Well, I don't think having something in your steam library counts as owning it either, needs to be totally DRM-free and available if you or Steam is offline.
Agreed on the account ownership though, just a straightforward system that NFTs overcomplicate.
Well then go home, get your camera and your token, and show it to us. We can wait.