It’s almost as though having some sort of… central, trusted entity in which to embody transactional authority… makes the whole system work a lot better for the majority of participants.
Welcome to BoingBoing!
Regulations that privatize gains and distribute losses to the public. Maybe the crypto bros are realizing that the banks have it pretty good and they want some of that?
Which one, exactly? I see several.
(If you are referring to what just happened at Binance - they haven’t “resolved” anything. They patched things up. For the time being.)
That’s ten bucks too much.
Especially when you can get the .png for free, like… right there in the photo.
Nothing of value was lost.
Collectors want the idea of owning a “…preserved tiger shark submerged in formaldehyde in a glass-panel display case…” or whatnot, but once someone actually goes about reifying this idea in the real world, it’s a huge pain in the ass to maintain, transport from yacht to yacht, etc.
And they’re all employees. Maybe a few tech reporters.
my brain hurts
And only 32 (as I recall) payment transactions per day!!!
Can you live in the rights to exclusively own a picture of a house?
None of the Bored Apes actually owns a yacht.
I’ve got an NFT of a bridge in Brooklyn to sell these people.
