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[return to "BBC cryptocurrency documentary pulled from air at last minute"]
1. WilTim+o2[view] [source] 2022-02-10 12:41:37
>>nemoni+(OP)
It's astonishing to me that people will just buy into any success story that involves crypto and NFTs. People don't question why poorly drawn pictures are being bought for thousands of dollars, don't question why there are hundreds of altcoins on the market and some "cryptocurrency experts" are supposedly "offering free tips" on investment. The whole space is rife with scams and embellishments and yet there are so many people just blindly buying into it, including the damn BBC!
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2. luckya+Y4[view] [source] 2022-02-10 13:00:07
>>WilTim+o2
Every person I've spoken to who's told me they're interested in crypto literally only care about it to make money, and have no interest in learning how it works. They all treat every last crypto-based use as investment like stocks, and not as a normal economic choice (e.g. "I want $3000 worth of bitcoin to buy a car" is not something people are doing, instead it's all "I want $3000 worth of bitcoin because the internet told me it'll be 3 million in a year").

NFTs also annoy me because it's literally the worst part of art industry - "buying" the "rights" to a piece of art so you can turn it for more cash later on, and not as an appreciation of the work. Bored Apes might be one of the few exceptions where people are doing it for "bragging rights", which is infinitely better because you're buying it to say you own it, much closer to normal art purchases.

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3. captai+l8[view] [source] 2022-02-10 13:24:02
>>luckya+Y4
Your not buying the rights, that's the most annoying thing about NFTs, that people don't get.
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4. nsomar+S9[view] [source] 2022-02-10 13:34:08
>>captai+l8
I looked this up the other day and I might be wrong but it seems like in most jurisdictions even if you buy a meatspace piece of art you do not own the actual copyright on the work.

While I’m not a fan of NFTs this does somewhat weaken the proposition that any “rights” cannot be sold with NFTs because IIRC this is the status quo in meatspace art purchases too.

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5. fnord1+Og[view] [source] 2022-02-10 14:07:59
>>nsomar+S9
There are no rights to Bored Ape works. They are algorithmically generated so they are public domain.
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6. abyrne+Ci[view] [source] 2022-02-10 14:17:27
>>fnord1+Og
I'm not sure it's true that something being algorithmically generated means it's public domain. Plenty of assets for things like video games are procedurally generated, but that doesn't mean they're public domain by default.
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7. fnord1+6z3[view] [source] 2022-02-11 08:40:52
>>abyrne+Ci
> Plenty of assets for things like video games are procedurally generated, but that doesn't mean they're public domain by default.

It does mean that.

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8. abyrne+gz5[view] [source] 2022-02-11 20:19:31
>>fnord1+6z3
Going by this definition of public domain, I don’t see how this could be the case:

> The public domain consists of all the creative work to which no exclusive intellectual property rights apply[0]

Think of it this way. Imagine I wrote some code, and when I ran it it generated a piece of art. Surely I would have IP rights over the artwork? Otherwise you could make the same argument about art made with a somehow automatic paintbrush I built.

I hope I’m not talking at cross-purposes here and using a completely different definition of “public domain” was was intended, apologies if this is the case.

[0] https://en.m.wikipedia.org/wiki/Public_domain

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