Proving originality is about stopping theft of intellectual property for everyone who isn't a rich person trying to flex their clout. If the mechanism of proving originality doesn't actually stop theft, then it's a useless mechanism.
I must be missing the part where there's actually a demonstrated need for NFTs that wouldn't be covered under existing copyright law... Lol.
It is kinda relevant in a discussion where the entire point of NFTs seems to be a function of proving originality.I buy the environmental angle, and the "scumbags are going to try to exploit this" because they are. The problem seems to be more that people are stealing and minting the art as NFT's, which is a problem with the marketplaces, not the entire concept itself. This stuck out to me though -
Like, there are a LOT of really good replicas of all kinds of art, so this argument doesn't hold much water with me.
And again, I'm missing the part where this does anything new besides giving tech bros yet another instrument to speculate on.Again, this is brand new and there's a lot of shady and quite stupid shit going on (see: Dorsey's fuckin tweet being a NFT). NFT's for existing works will be extremely challenging right now, but it's the kind of thing where for - say comissions - the artist could turn the digital art into a NFT before it's put on the internet to begin with. Doing it retroactively is...kinda hard. And doing it to things like Dorsey's first tweet is hilariously awful and stupid and bruh.
Clearly it's not stopping art theft. Clearly it's not helping artists. It's certainly not helping the environment. So exactly what is NFT good for?
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