| 18 Nov 2022 |
 Mathijs | you could use it to represent any generic data | 23:12:37 |
 Sylvia | In reply to @mathijs:matrix.vgorcum.com
technically there's no requirement for it to point to a URL True it can be any small text string | 23:12:38 |
 enigma9o7 (Old) | But ever since digital downloads, hard to prove you own it, makes resale almost impossible. | 23:12:43 |
| Sylvia | Just limited file size, too small to store a picture or anything | 23:12:51 |
| enigma9o7 (Old) | can't just go down to the record store and sell some old CDs | 23:12:52 |
| Mathijs | In reply to @SylvieLorxu:matrix.org
Just limited file size, too small to store a picture or anything not really, actually, but storing large pictures in NFT's is just ridiculously expensive | 23:13:17 |
 srr24x7 | In reply to @enigma9o7:matrix.org
It sounds like it solves the problem of digital music. It sounds like it, in theory. The but whole thing is really flawed and not working. | 23:13:18 |
| enigma9o7 (Old) | Do any of the music markets use it? itunes or anything? | 23:13:27 |
| Mathijs | (expensive in energy, and storage space, that is) | 23:13:37 |
| srr24x7 | In reply to @enigma9o7:matrix.org
Do any of the music markets use it? itunes or anything? Not that I'm aware of. | 23:13:44 |
| srr24x7 | It really just turned into a gold mine for people making money. | 23:14:03 |
| enigma9o7 (Old) | I would like some money and/or gold. | 23:14:16 |
| srr24x7 | But what you can find is "marketplaces" where NFTs are sold. 🙃 | 23:14:34 |
| enigma9o7 (Old) | But I have no digital art to sell. | 23:14:36 |
| enigma9o7 (Old) | And if I made some, I dont think anyone would want to buy it. | 23:14:50 |
| srr24x7 | In reply to @enigma9o7:matrix.org
And if I made some, I dont think anyone would want to buy it. Oh you'd be surprised for what garbage people spend money. | 23:15:06 |
| enigma9o7 (Old) | Well that's true. | 23:15:17 |
| srr24x7 | It's really just artificial moon prices for garbage | 23:15:20 |
| enigma9o7 (Old) | Art is truly subjective. | 23:15:24 |
| enigma9o7 (Old) | That whole "my toddler could make that" | 23:15:34 |
| srr24x7 | Oh it's even worse than that. | 23:15:49 |
| srr24x7 | 😂 | 23:15:51 |
| Sylvia | NFTs aren't about art, they're just speculative investments. You buy it with the intent to sell it to the next sucker who you think will pay even more | 23:15:56 |
| srr24x7 | I didn't even follow the whole thing for the past year, wasn't there a lot talk about the NFT market collapsing about half a year ago? | 23:16:59 |
| srr24x7 | * I didn't even follow the whole thing for the past half year, wasn't there a lot talk about the NFT market collapsing about half a year ago? | 23:17:07 |
| enigma9o7 (Old) | Hmmm. I always go by, used stuff is worth half the original price, if in good condition. | 23:17:12 |
| Sylvia | Something like that yeah, luckily, finally | 23:17:13 |
| enigma9o7 (Old) | But digital art, they're hoping it goes up, like real art. | 23:17:19 |
| Sylvia | Maybe it can collapse properly before we reach 1.5 degrees global warming | 23:17:25 |
| enigma9o7 (Old) | I think we're already close, no? | 23:18:04 |
