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The History and Future of Digital Ownership (www.theverge.com)

submitted 11 months ago by [email protected] to c/[email protected]

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I'd like to get the community's feedback on this. I find it very disturbing that digital content purchased on a platform does not rightfully belong to the purchaser and that the content can be completely removed by the platform owners. Based on my understanding, when we purchase a show or movie or game digitally, what we're really doing is purchasing a "license" to access the media on the platform. This is different from owning a physical copy of the same media. Years before the move to digital media, we would buy DVDs and Blu-Rays the shows and movies we want to watch, and no one seemed to question the ownership of those physical media.

Why is it that digital media purchasing and ownership isn't the same as purchasing and owning the physical media? How did it become like this, and is there anything that can be done to convince these platforms that purchasing a digital copy of a media should be equivalent to purchasing a physical DVD or Blu-Ray disc?

P.S. I know there's pirating and all, but that's not the focus of my question.

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[–] [email protected] 4 points 11 months ago* (last edited 11 months ago)

you're still locked in because the licence provider has to recognise the NFT, the lock-in is with the licence provider. all the NFT is, is a ticket that says "I'm allowed".

it's the exact same thing but will added bullshit.

if you want a tradable token that doesn't require lock-in, that token has to have intrinsic value. Like with a physical disk with a movie on it. there is no lock-in to a vendor system, it's got everything it needs right there. it has intrinsic value.

NFT's are a bullshit ticket that says "please give me access, you pwomised", that you can sell if you want. but you could just do the same thing inside the vendors own system and it's all exactly the same because the vendor has to say yes/no in the end, as the nft has no value.