This is fascinating[1].

Anyone who knows anything about copyright law laughs their arses off, of course (and here's a primer for anyone who needs it[2]).

But this *is* dangerous. A lot of people have no clue, copyright is byzantine in its complexity, and it just takes a few ill-informed judges to make this into a thing. And coinbros will push their bullshit, whether they know they're wrong or not.

[1] source: nitter.eu/SaeedDiCaprio/status
[2] NFTs and copyright: tecc.media/claim-nfts-make-it-

#NFT

But it's even more fascinating than that. As the anarchist adage goes: "property is theft". NFTs are perhaps a great exemplification of that.

Basically, for a particular kind of private property to exists, there must be a broad consensus that something *can* be "owned", there must be some kind of record of ownership", and there must be some enforcement of that "ownership".

NFTs pretend to provide a record of "ownership" for something that never really had one: digital art.

Now, #NFT bros are trying… 2/?

Show thread

…to create this broad consensus that on-line images can be "owned" in any real sense of the word. They seem to understand it not the way copyright understands it, but as a more "this specific copy of an image" kind of way. This doesn't make any sense, but who's to stop them?

Once they have that "broad consensus", they will try to find ways to enforce that "ownership".

History of private ownership of things, unfolding in front of our very eyes!

#NFT

3/?

Show thread

Important caveat: I am *not* saying this is all part of some master plan.

It's just a whole lot of people who don't understand technology, don't understand IP (imaginary property) law, but "invested their money" and feel this entitles them to things.

Like demanding random people don't right-click-save on on-line images. And soon, probably demanding the Internet Police to stop them right-clickers.

#NFT

4/?

Show thread

tl;dr #NFT bros are entitled pricks who demand that their misguided understanding of technology is shared by everyone, just because they put their money in this crap.

🤷‍♀️

Take-away: this is laughable, but also dangerous -- they must not be allowed to normalize shunning the "right clickers" or demanding NFTs are treated as "proof of ownership" or whatever.

#NFT

5/end

Show thread
Follow

@rysiek

The nft "owners" have purchased an aura of authenticity, ala Walter Benjamin, but they have no particular rights over the image itself.

This could be potentially damaging to artists who are under the impression that they have surrendered zero rights of any kind.

I hope that if a judge does end up ruling their judgement is that you can't buy and sell parcels of nothing, but I fear that there may be president in financial derivatives.

I don't know what those are and I don't want to know.

Its a sick joke that wealthy people have so much money they're sinking it in pretend assets while the world is literally starting to burn. NFT owners and coinbros against the wall first

Sign in to participate in the conversation
LGBT.io

We are a Mastodon instance for LGBT+ and allies!