Someone stole my NFTs today on @niftygateway and purchased $10K++ worth of today's drop without my knowledge. NFTs were then transferred to another account.I encourage EVERYONE to please check their accounts ASAP.Could use everyone's help here - please RT!Full 🧵👇🏽— Michael J. Miraflor (@michaelmiraflor) March 14, 2021
so it’s like a deed? Except not a real deed, a deed in one of those cartoons where somebody can crack your safe and steal the physical paper deed and suddenly they own your house
real deeds don’t work like that because that’s patently absurd
Oh I’m extremely well versed in blockchain tech and how horrible and dumb it is, I’m just dunking on the fragility of the system for anything outside of grey market goods and money laundering.
I wish I was enrolled in a High Level Art Program, because I just want to steamroll clowns who though an NFT Art Market made any sound sense.
I've got plenty to say about the Art Market as is. It's very needlessly exclusive, and it's only exclusive for the sake of demanding more money on works, which then demand more money but never on the merits of the work itself, but the market perpetuating speculative value and making a bubble. It sucks.
Imagine the Sistine chapel just disappears because someone forgot their password
lmao it doesn't even affect the actual art, it's basically a certificate saying you totally own it bro.
:agony-limitless:
so it’s like a deed? Except not a real deed, a deed in one of those cartoons where somebody can crack your safe and steal the physical paper deed and suddenly they own your house
real deeds don’t work like that because that’s patently absurd
It's as real as Bitcoin, because it's pretty much the same technology.
Edit: at best it's a dumb way to buy a license to use a copyrighted work.
Oh I’m extremely well versed in blockchain tech and how horrible and dumb it is, I’m just dunking on the fragility of the system for anything outside of grey market goods and money laundering.
I wish I was enrolled in a High Level Art Program, because I just want to steamroll clowns who though an NFT Art Market made any sound sense.
I've got plenty to say about the Art Market as is. It's very needlessly exclusive, and it's only exclusive for the sake of demanding more money on works, which then demand more money but never on the merits of the work itself, but the market perpetuating speculative value and making a bubble. It sucks.