A Major Announcement Tomorrow
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@Horace said in A Major Announcement Tomorrow:
As collector’s items they are not unreasonable investments.
As a memento of how unbelievably gullible and stupid people were during this period of history?
Why not just keep a picture of that bloke who won the women's swimming?
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No, a Van Gogh painting as vastly different than a print.
The NFT case is more like this: there are an unlimited number of Van Gogh prints, since anyone can create them en mass. But you have a piece of paper saying your print is special, even though your print is identical to everyone else’s in every conceivable way.
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@Horace said in A Major Announcement Tomorrow:
It's similar to the difference between an original Van Gogh and a print.
Well, kind of similar. Except one of the pictures is a poorly executed computer-generated picture of Donald Trump dressed as a superhero and grinning like the abject twat we all know him to be.
And one is a Van Gogh.
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Motivated people could create prints of extreme similarity to originals, such that vanishingly few people could tell the difference. There doesn't exist a market for such near identical mass productions, because the thing they will always lack is the true status of being the unique original. That uniqueness is what an NFT captures.
If Banksy did a piece of digital art and posted it anonymously on a popular websites through a hack of the website, an NFT for that art would be valuable, and not only to greater fools, and in the same way an original piece of art is valuable.
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Only one.
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@Axtremus said in A Major Announcement Tomorrow:
@Jolly said in A Major Announcement Tomorrow:
Only one.
Cool, congratulations on your new collection. Which one did you get? Would you consider posting a picture of it?
Here's mine:
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@George-K said in A Major Announcement Tomorrow:
It's unusual for a photo to feature three horse's asses so clearly