Seth Godin on the danger of NFTs

Bingo. Obsessive collectors more focused on what the ownership of an item says about them (most often “I’m rich!”) than they are on the item itself.

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I dunno. Maybe some of the fuckers should consider reading Walter Benjamin from around a century ago?

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Yeah, if any of them were actually in it to help artists, they could just, y’know, commission them. Paying people for services rendered is a solved problem!

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Written in disappearing ink. The moment that the blockchain ceases to be maintained (or is forked due to some massive problem requiring a mulligan), poof!

And it’s just a crypto certificate. It’s not necessarily authentic of anything except crypto, because no recognized third-party authority is signing that they have reviewed the claims contained and find them accurate, and it’s not tied to an actual physical object. A NFT of The Blue Boy could be traded all over the place without the actual owner’s knowledge or the painting budging in inch.

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Right? It ain’t rocket surgery!

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