“The NFT of Dorian Gray”
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If you’re having trouble understanding NFTs just substitute the word “picture” wherever you see “NFT” and you’re 90% of the way there.
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“If you make a picture of a physical object, and the object then gets destroyed, that’s fine because you still have the picture.”
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“Pictures are redefining everything we understand about physical reality and the concept of ownership.”
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now substitute picture with "art" and the valuations make sense
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Yeah but I can’t smuggle NFTs across borders and dispose of them privately to evade taxes and capital contro—
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For me, it’s not really understanding what you’re buying, but why. Artists have worked for decades, creating beautiful photography, paintings, etc., and can’t command the prices some digital file is doing right now.
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Simple answer. Liquidity.
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If you’re having trouble understanding NFTs just substitute the word “money laundering scheme” wherever you see “NFT” and "successfully laundered $___" for "sold for $___" you’re 90% of the way there.
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Not everything is a picture
Play a NFT game!Thanks. Twitter will use this to make your timeline better. UndoUndo
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