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I value this meme at eleventy billion and won't take a cent less (lemmy.world)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 36 points 9 months ago (1 children)

No they aren't NFTs are recipts. That is all they are. They can have a connection to images or physical goods but they only proove that you bought a recipt and not actual ownership.

[–] [email protected] -5 points 9 months ago (3 children)

so a deed to a house only proves that you bought a piece of paper, right?

[–] ImFresh3x 9 points 9 months ago* (last edited 9 months ago)

No a deed to a house has legal meaning. So it’s not at all like a deed to a house.

[–] [email protected] 7 points 9 months ago

Sort of except it means nothing. It's like having a deed with absolutely no legal weight.

If I buy a microwave and try and return it with only the receipt they won't give me a refund because I only bought the receipt. I could sell the receipt, sure it says you bought it but I am keeping the microwave.

[–] [email protected] 3 points 9 months ago

If the deed was scribbled with crayons by a hobo and the house would be imaginary. That would be comparable to NFTs.