NFTs

Out of context: Reply #29

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  • dkoblesky-3

    The key concept about NFTs is the idea of 'collecting'

    I do not understand it. I have never collected anything. I do not think I am better than collectors...I just never really understand it

    But there are a huge number of people in the world for who this is a nearly primal urge. People collect anything and everything, and get really into it. So there is value there, people are willing to part with money to get what they want.

    NFTs have unleashed the idea of collecting into the digital art world...and it appears to be a very powerful force.

    There are those that say 'you can just screenshot the art'...which is the same as saying to collectors...'you do not need to buy books....just go to the library.' It is not the same for collectors. They want to own something.

    • Yeah, but what they really own is an address in a blockchain to the artwork, not the artwork in anyway. It's false sense of ownership.grafician
    • And many of the new "owners" are just tech bros or geeks looking for peer acceptance of sorts?grafician
    • Also tell me you'd rather collect gifs instead of classic sports cars for the same money lolgrafician
    • not all collectors collect 'classic sports cars'dkoblesky
    • Your first point is moot if they are indeed collecting gifs, then it is irrelevant to them what the nature of a gif is.dopepope
    • your second point is moot because the same can be said of collectors in the 'real' world.dopepope
    • i think it works well...like bitcoin does. once you create a scene, enough ppl that see value in it, you get a market.uan
    • uan - that is true - a lot of what we think has value is actually an artificial creation...we just have all bought into itdkoblesky
    • You misunderstood: given the choice of having $500k would you collect gifs or cars.grafician
    • what a dumb question. there is no right answer for that.ESKEMA
    • How so? somebody just paid that kind of money for Nyan cat gif, can you justify that in any way?grafician
    • They did it because they can and wanted to.ESKEMA
    • you're asking what ppl should do, but we're arguing what ppl actually did.dopepope

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