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what gives it value is the signing by beeple, not the [flawed] pointer. Also there are several ways this can be improved over time, e.g. pointers to something like arweave.org less "ownership", more signed digital trading card
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I have read a bit about this but still can't wrap my head around why people are spending so much money on it. Other than the art trade = moneylaundering angle (which I could see), I haven't read anything that helps me understand the landscape that this system operates on.
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