World Wide Web source code NFT sold at auction for $5.4m

[HEXUS]

Inventor Tim Berners-Lee and his wife will distribute the funds to charitable causes.

Read more.

[Output]

While I think the NFT fad is dumb, particularly as it doesn't actually give any ownership over anything in most cases (and is gone once the links die too), at least some charities will benefit from this.

[blokeinkent]

While I think the NFT fad is dumb, particularly as it doesn't actually give any ownership over anything in most cases (and is gone once the links die too), at least some charities will benefit from this.

I'm still trying to get my head around Fungible being an actual legitimate word let alone it being used in such a ridiculous term

[DanceswithUnix]

I'm still trying to get my head around Fungible being an actual legitimate word let alone it being used in such a ridiculous term

Fungible is a useful word in general. Sadly one I usually see in terms of poor management.

If I interview in a company and find they have fungible engineers, where people are assigned to work on the assumption that all engineers are the same and completely interchangeable, I don't take the job. Huge quality no-no.

[Output]

https://www.bbc.co.uk/news/technology-57680753

Apparently there was a bit of a mistake, as < and > were converted into their HTML entities for the video.

[blokeinkent]

https://www.bbc.co.uk/news/technology-57680753

Apparently there was a bit of a mistake, as < and > were converted into their HTML entities for the video.

I guess they thought it was still parserble. OK, ok, it's been a long day. I apologise

[EvilCycle]

NFT's will become more interesting if they ever get used to legitimise ownership of actual property such as homes, or even to authenticate luxury goods such as clothes and jewellery as to combat counterfeit copies.

[[GSV]Trig]

It doesnt stop copies though, its just an ownership thing right?

[Xlucine]

It doesnt stop copies though, its just an ownership thing right?

Yep, it's a bit of data on the computer that says "X owns this thing"

NFT's will become more interesting if they ever get used to legitimise ownership of actual property such as homes, or even to authenticate luxury goods such as clothes and jewellery as to combat counterfeit copies.

It could do that, but who's asking for decentralised title deeds? Rolex or whoever could just set up their own list of genuine watches, you don't need blockchain for this

[Output]

Yep, it's a bit of data on the computer that says "X owns this thing"

From what I understand, it's even less than that. In most cases it's more like "X owns this particular digital copy of this thing", thus making it all the more ridiculous as to why anyone would pay for something that doesn't give any real ownership.

[CAT-THE-FIFTH]

NFTs sound like a good way for money launderers to get rid of their funds!