Lots of people have tried explaining it to me, but I still don't understand how NFTs of physical things actually work

I can actually see a painting or read a book in daylight. How are you supposed to access digital information without electricity

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@cypnk this is basically how NFTs work

· · SubwayTooter · 3 · 10 · 14

image desc, part 1/2 

@uint8_t @cypnk
a tumblr post from jacopgalapagos that reads:
i dont know what an NFT is and im too afraid to ask

the response, from queersamus, reads:
imagine if you went up to the mona lisa and you were like "id like to own this and someone nearby went "give me 65 million dollars and i'll burn down an unspecified amount of the amazon rainforest in order to give you this receipt of purchase” so you paid them and they went "here's your receipt, thank you for your purchase” and went to an unmarked supply closet in the back of the museum and posted a handmade label inside it behind the brooms that said “mona lisa currently owned by jacobgalapagos” so if anyone wants to know who owns it they'd have to find this specific closet in this specific hallway and look behind the correct brooms.

image desc, part 2/2 

@uint8_t @cypnk
queersamus continues:
and you went “can i take the mona lisa home now?" and they went "oh god no are you stupid? you only bought the receipt that says you own it, you didn't actually buy the mona lisa itself, you can't take the real mona lisa you idiot. you CAN take this though.” and gave you the replica print in a cardboard tube that's sold in the gift shop. also the person selling you the receipt of purchase has at no point in time ever owned the mona lisa.

unfortunately, if this doesn't really make sense or seem like any logical person would be happy about this exchange, then you've understood it perfectly

@uint8_t @cypnk as much as I loathe NFTs, to be fair about it, in this scenario there's a good chance that at least Leonardo da Vinci gets his cut

@uint8_t @cypnk (this is the only thing notionally propping it up, the idea that an Artist! Can! Get! Rich!, because every starving artist is notionally a temporarily embarrassed successful artist)

OCR Output (chars: 1603) 

@varx
(Couldn't find a language with the name 'pls', falling back to eng.)

harblkun % sugaredrefrain Follow wee

IQ iacobgalapagos Follow

i dont know what an NFT is and im too afraid to ask

% queersamus Follow

imagine if you went up to the mona lisa and you were like "id like to
own this" and someone nearby went "give me 65 million dollars and
i'll burn down an unspecified amount of the amazon rainforest in
order to give you this receipt of purchase” so you paid them and they
went "here's your receipt, thank you for your purchase” and went to
an unmarked supply closet in the back of the museum and posted a
handmade label inside it behind the brooms that said "mona lisa
currently owned by jacobgalapagos' so if anyone wants to know who
owns it they'd have to find this specific closet in this specific hallway
and look behind the correct brooms. and you went "can i take the
mona lisa home now?" and they went "oh god no are you stupid? you
only bought the receipt that says you own it, you didn't actually buy
the mona lisa itself, you can't take the real mona lisa you idiot. you
CAN take this though.” and gave you the replica print in a cardboard
tube that's sold in the gift shop. also the person selling you the
receipt of purchase has at no point in time ever owned the mona lisa.

unfortunately, if this doesn't really make sense or seem like any
logical person would be happy about this exchange, then you've
understood it perfectly

Source: jacobgalapagos

#reblogs #signal boost #ah good
#a nice clean post with a good analogy #thanks much

12,823 notes PoOouawg?

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