Why do NFT bros even care that you download an NFT if the token is still theirs on the blockchain. Isn’t that the whole point of the NFT?
Bc they don’t actually understand what NFTs are. They actually just own some JSON that contains a key (owned by them) and a link to some server that hosts that image which presumably will always host that image.
One thing I don’t get: How were people convinced that an entry in a blockchain somehow results in ownership. People understand ownership and its limits: They lock their bikes when they leave them somewhere, because if there is no enforcement you can lose property. The NFT scammers never mentioned enforcement once, yet somehow you “owned” some ape picture. How did that happen?
Away with your nonsense. This special flavor of Kool-Aid taste good!
Note to self: Become a bridge trader.
Honestly they can keep their pictures. Almost all NFTs are ugly and not worth the space on my hdd.
Look, I right-clicked $1.2 million.
(Full disclosure, it took a little more than right-clicking to download that image. OpenSea apparently purposefully makes it hard to download images. Not terribly hard, though. Only took me a couple of minutes to figure out.)
Hmmm do I want to spend my life savings on a house, or “invest” in NFTs? Decisions, decisions…
In the NFT the blob at the end is changing color. Maybe that helps?
I just took a screenshot and cropped it! Second-easiest million dollars I’ve ever made and all the others have been just as fictional!
Nfts are not simply images on the blockchain. The technology is not a scam even if scammers use one aspect of it to sell pixels for ridiculous sums of money
But please, don’t let me stand in the way of a misinformed circlejerk
“I have a print of the Mona Lisa! That’s just like owning the original!”
“I own a reciept that says I own the original Mona Lisa but literally anyone else in the world can possess an exact, identical copy of the Mona Lisa for free. I’m an incredible investor!!”
“I own the Mona Lisa; it’s in a hermetically sealed safe, and I have the key. The value is that I own the original, given to me by the artist; the countless knock-offs have no impact on the fact that I own the original.”
I once read that some reproductions of some famois art pieces display better technical skill than the original artist. The paintings are objectively better. The original will still fetch more.
Explain the difference to me.
Digital files are infinitely replicable and are indistinguishable from each other, which is evident using md5 hashes and similar technologies. They are meant to be exactly replicated and easily distributed. It is one of the most important components of network computing and an underlying, required principle for every large website on the internet. The originating file has no more significance or importance than the copies that function identically in every way. We don’t put the first copy of Microsoft office in an museum because it would be fucking moronic. You copy it and then you have the original.
Your collection of NFT “originals” has no value. Get out before the market completely collapses. I guarantee your NFTs will be worthless in less than a decade. .
Except this “Mono Lisa” is a digital file, which has no distinction between the “Original” and “Copies”.
In most cases the NFT isn’t even a file. It’s a URL to a centralized server. If that server goes down you are now the proud owner of a broken URL