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(The Verge)   Copyright law is really interesting, let me show you   (theverge.com) divider line
    More: Awkward, Copyright, Property, Public domain, Fair use, United States copyright law, NFT projects, copyright law, Creative Commons  
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1099 clicks; posted to Business » on 08 Jun 2022 at 5:50 PM (24 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



15 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-06-08 5:05:11 PM  
If code is law, countless NFTs are built on buggy code


wut?  I couldn't get that the first farking sentence.
 
2022-06-08 5:35:12 PM  
c.tenor.comView Full Size
 
2022-06-08 6:45:42 PM  
I own the NFT for that headline.  Pay Me
 
2022-06-08 7:07:19 PM  

Johnson: I own the NFT for that headline.  Pay Me


Sure, I'll give you 20 IntrepidCoins.
 
2022-06-08 7:39:45 PM  
That article can be boiled down to a simple statement: "Ownership of an NFT does not imply ownership of anything else, despite what cryptobros want to believe"
 
2022-06-08 7:49:24 PM  

trialpha: That article can be boiled down to a simple statement: "Ownership of an NFT does not imply ownership of anything else, despite what cryptobros want to believe"


Which is then the heart of the question about NFTs.  When you "purchase" and NFT, what in the fark did you buy?  All it seems you did is you gave someone money to put a pointer in a database that only says that some bits were transferred from wallet A to wallet B.
 
2022-06-08 7:53:46 PM  
Here's the complete list of how NFTs affect copyright:
 
2022-06-08 8:35:39 PM  
tldr;-  NFTs are bullsh*t.
 
2022-06-08 8:49:58 PM  

kidgenius: trialpha: That article can be boiled down to a simple statement: "Ownership of an NFT does not imply ownership of anything else, despite what cryptobros want to believe"

Which is then the heart of the question about NFTs.  When you "purchase" and NFT, what in the fark did you buy?  All it seems you did is you gave someone money to put a pointer in a database that only says that some bits were transferred from wallet A to wallet B.


You purchased the right to be the illustration of the entry in Wikipedia for the expression "a fool and his money are soon parted".

/ you will not be illustrating the money
 
2022-06-08 9:24:21 PM  

Johnson: I own the NFT for that headline.  Pay Me


It's a Non-FARKable Token.
 
2022-06-08 9:55:16 PM  
If NFT's really DID prohibit copying then I could potentially see how they might be used to make digital artwork truly unique, much like the real stuff. You might get prints of the Mona Lisa but there's only a single original hanging up in the Louvre and that's what makes it priceless. People put value on holding a real, original, unique artwork.

The issue with NFT's is that... they don't. You can just right-click and save and bam, you have a duplicate of that artwork. At that point it doesn't really matter if YOUR version has some little tidbit of embedded code saying that it's the original.
 
2022-06-08 10:01:15 PM  
NFTs Are Legally Problematic ft. Steve Mould & Coffeezilla
Youtube C6aeL83z_9Y
 
2022-06-08 10:29:35 PM  
Fark user imageView Full Size
 
2022-06-08 11:32:16 PM  

Intrepid00: Johnson: I own the NFT for that headline.  Pay Me

Sure, I'll give you 20 IntrepidCoins.


What's the rate of  IntrepidCoins to Stanley Nickels?
 
2022-06-08 11:49:36 PM  

urethra_franklin: Intrepid00: Johnson: I own the NFT for that headline.  Pay Me

Sure, I'll give you 20 IntrepidCoins.

What's the rate of  IntrepidCoins to Stanley Nickels?


It is pegged to smuckles
 
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