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Benefit of the hindsight (sub.wetshaving.social)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 8 points 6 days ago (1 children)

If it’s on a blockchain, theoretically no one owns it

This is such a funny thing to say since NFTs were all about "owning" stuff on the blockchain.

[–] [email protected] 2 points 6 days ago* (last edited 6 days ago)

Indeed. The blockchain provides no media hosting, no enforcement, I guess. It can mark something as owned (and require their private key to decrypt or whatever), but ultimately that ownership is as beholden to reality (read: arbitrary purseholders) as any other system. It’s just a record.