this post was submitted on 20 Aug 2023
14 points (93.8% liked)

Memes

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[–] [email protected] 2 points 1 year ago

Nice meme but pls

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

I also think IPFS (non filecoin version) could prove useful in the future as well.

[–] [email protected] 0 points 1 year ago (1 children)

What's IPFS in layman's terms? The Wikipedia is hard for me to follow lol

[–] [email protected] 0 points 1 year ago (1 children)

Don't forget about nfts there the future man they can't be replicated man where can you spend 100k and by the end of the week your investment is worh $3.50

[–] [email protected] 0 points 1 year ago (1 children)

NFTs weren't created to be the proof of ownership of digital art, they just happen to be associated with that because that's what the majority of them were created for.

The NFT isn't the art that can be copy-pasted to any computer, it's the proof of ownership. Criticizing them by saying "I can just download a copy of the picture!" is like saying copyrights are useless because you can use tools to rip movies from streaming services, sure you "own a copy", it doesn't make you a rightful owner of it from the perspective of the law.

[–] [email protected] 0 points 1 year ago (1 children)

But there worthless because digital art is intrinsically less valuable than real art

[–] [email protected] -1 points 1 year ago* (last edited 1 year ago)

The intrinsic value of any art is what someone is willing to pay for it.

For example the world’s most expensive NFT, The Merge by Pak, sold for $91.8 million. Its price was higher than the sale of Jeff Koon’s Rabbit, the most expensive artwork by a living artist at auction. It's all about personal tastes and how deep folks wanna dig in their pockets with this stuff.

[–] [email protected] -1 points 1 year ago

If Federation/Decentralization could be combined with decentralized crypto currency payments through something like Monero in a way that is not a scam, it would actually be great. We need some kind of monetization model for the Federated Web, and crypto currencies are actually great for that purpose but so far all implementations of this haven't really worked or were just a scam.

[–] [email protected] -1 points 1 year ago

give it some time and there will be crypto based instance. I think both technologies can coexist.