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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)
submitted 2 years ago by [M, B] to c/technology@lemmy.world
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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

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[–] 7 points 2 years ago (2 children)

You bought it, it should be yours to do with in perpetuity as you please.

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  • [+] 1 point 2 years ago (1 child)
    [deleted]
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  • [–] 5 points 2 years ago (1 child)

    People can buy multiple copies if so they wish to. Most digital sellers are perfectly happy to charge you multiple times for things you technically already own. Artificial scarcity by way of limiting a digital good is unethical.

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  • [–] 0 points 2 years ago (1 child)

    You can't buy a book, print off a ton of copies, and then sell those copies. You can do whatever you want with your book, lend out, give it away, but you're not allowed to profit off it.

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  • [–] 2 points 2 years ago (1 child)

    Sure you are. You're allowed to sell it to a book store, and if it's somehow more valuable than what you paid when you bought it, you profit.

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