My Penis is hungry Posted February 2, 2022 Report Share Posted February 2, 2022 Yep, describes Bitcoin perfectly. It's not a currency no matter how much the early people wanted it to be. USA, Oz, you have to pay tax on your earnings. Link to comment Share on other sites More sharing options...
Coss Posted February 2, 2022 Report Share Posted February 2, 2022 And now there's NFTs - non fungible tokens. When people such as the inestimable, awesome, "Ye" (Kanye West) "drop" a picture of a hand-written note - “Do not ask me to do a (expletive) NFT.” yo no that something is pointless. LINK Yes even though people have paid in the millions for NFTs, that's just FSA - "first sucker advantage". On this very page there is a pixel that is an NFT and only viewable by you. I will sell it to you for USD 250,000,000 For details on it's precise location, send money to my account. Clue: it's Hexadecimal colour is either #f0f1f5 or #ffffff Link to comment Share on other sites More sharing options...
Coss Posted February 2, 2022 Report Share Posted February 2, 2022 OH WAIT.... I've just invented an entity that is so rare, so individual, so inexhaustibly excellent and thanks to differences in spatial frequency perception, it will never lose value, ever. One is available. It is number three of a series of five, and all five must be present in the same room to be viewable. Send money etc.... Link to comment Share on other sites More sharing options...
khunsanuk Posted February 3, 2022 Report Share Posted February 3, 2022 Hi, Right, and anybody can actually copy an NFT as in most cases they are just a digital picture. But somehow you 'own' the 'original'. Sanuk! Link to comment Share on other sites More sharing options...
My Penis is hungry Posted February 3, 2022 Report Share Posted February 3, 2022 Sorry but I do get NFT In the arts similar "products" already exist and are in use. Not forgeries, but works of art that can easily be forged. Photographs can be copied reasonably easily, when I was very involved with a photographic gallery this was often a subject. Most of the artists hand printed, but some used lab photos. What made them unique was a simple issue number Video work, even online art is essentially a easily copied work of art, and a NFT NFT's are being seen within the art world as a legitimate viable solution and apparatus of art. So while many new things may seem stupid to old grumpy white men, they do have legitimate uses, The providence of artwork is a huge issue, so NFT is a great solution for some artworks Link to comment Share on other sites More sharing options...
Mekong Posted February 4, 2022 Report Share Posted February 4, 2022 Non-fungible tokens (NFTs) ‘Huge mess of theft and fraud:’ artists sound alarm as NFT crime proliferates The digital marketplace for NFTs grew to an estimated $22bn last year but companies face challenges monitoring stolen artArticle Link to comment Share on other sites More sharing options...
My Penis is hungry Posted February 5, 2022 Report Share Posted February 5, 2022 From the link In theory, blockchain technology was supposed to make it easier for digital artists to sell unique tokens of ownership, offering buyers a permanent record of ownership linked to the work. For some artists, the technology opened up a new way to earn money : Kenny Schachter, a New York-based video artist and art writer, embraced NFTs early and said he has made hundreds of thousands of dollars in the past year, after three decades working within an art world in which video art rarely sold. “We’re in an incredible mushrooming of opportunity for digital artists,” said Schachter. “It’s 1,000% better than a year ago, two years ago, when there was no marketplace for any of this art.” As usual you'd expect a news article to take the angle they did Farnkly though, and I do know, live with have best mates with many artists, they all seem to like the basic idea Like I mentioned, many genres are open to copying. What fails here is people not checking on if the real artist is the one selling the work. As with all counterfeits it's the first step in providence Link to comment Share on other sites More sharing options...
khunsanuk Posted February 5, 2022 Report Share Posted February 5, 2022 Hi, >As with all counterfeits it's the first step in providence In the case of digital art, does it really matter though if you have the original or a copy as they will be identical. Unless of course you bought it purely to speculate on its value. Sanuk! Link to comment Share on other sites More sharing options...
My Penis is hungry Posted February 7, 2022 Report Share Posted February 7, 2022 Yes it does matter, artist sells that as a object or limited edition, it's end "use" is for the buyer. I guess what the larger picture is, do the copies give money back to the artist? Only if authorized by the artist Thinking that way it's similar to software, you don't want copied made Link to comment Share on other sites More sharing options...
khunsanuk Posted February 7, 2022 Report Share Posted February 7, 2022 Hi, Obviously there is a difference for the artist, but I was talking about the buyer's perspective. Sanuk! Link to comment Share on other sites More sharing options...
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