Quote:
Originally Posted by Jason14h
As opposed to physical Art which is mostly faked and validity is proved through providence?
Owning a virtual piece of art you can display and be the only true owner is more valuable then owning the physical art which could be fake.
Whether you like the art is a different question.
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It'll be a matter of time before the Russians will have blockchain process hacked or corrupted. Either that or the blockchaining will be overwhelming to complete any more transactions. Once that happens, all crypto-transactions will collapse. It's not like digital rights haven't been hacked or stolen before - all digital intangibles can be hacked and faked. At least even with a forged art like Mona Lisa on your wall, you can still admire the smile and the beauty that's in front of you without logging into a computer and searching through a bunch of files to get at it. And you wouldn't care if another person owned a copy of it since you know it's fake and it cost a fraction of the real thing.