actually I think you understand it precisely • Aaron Parecki

37°F

Dylan Wilbanks, Human Grumpy Cat https://twitter.com/dylanw • Apr 28
I still don’t understand what exactly you’re buying with an NFT. You’re not buying the actual piece of art, you’re not even really buying anything that conveys ownership. So you’re buying a number to say you own the one number tied to the thing you don’t own?

actually I think you understand it precisely

Portland, Oregon • 63°F

Wed, Apr 28, 2021 12:15pm -07:00

2 replies
Have you written a response to this? Let me know the URL:
- Aaron Parecki twitter.com/aaronpk
  
  but all it proves is that you bought the certificate of authenticity
  
  Thu, Apr 29, 2021 12:05am +00:00 (via brid.gy)
- Torgie, +1💉, but still 6+ feet away twitter.com/torgie
  
  As I understand it, you're basically purchasing the "provenance" of the content. It's a direct, provable chain of ownership from the creator to the buyer. Once I wrapped my head around an NFT as a "certificate of authenticity" it made a little bit more sense? I think?
  
  Wed, Apr 28, 2021 11:56pm +00:00 (via brid.gy)

Posted in /replies using quill.p3k.io