Almost like a decentralised system with non fungible tokens for licences, that you could even trade between individuals without involvement of the rights owner
A black market would arise. Finished with your show? Get your money back. NFTs aren’t connected to identity like that.
They could never pull a stunt like what they’re doing now and make people rebuy things.
Advertising opportunity would essentially fall to zero. Ever notice how ads play before and after streaming services nowadays?
A subscription model wouldn’t work under this system. Subscriptions pull in a higher net than single selling products.
The current system would be overturned in its entirety by something like this, and that’s why the people making money and holding the rights aren’t going to let it happen.
Another is because for a decentralized ownership service to hold any ground it must be either backed by a (centralized) court of law or hold the full service you’re buying. Otherwise what’s stopping a hosting platform to remove the service you bought with your nft from their platform?
Not ONE government, but I’d accept something that lots of governments sign up to and share responsibility for. E.g. funding and making sure it is not giving any one country preferential treatment.
That’s the only good thing that came out of that nonsense. Rich people getting scammed. Just wished it wasn’t also your dear uncle Sam who now lost his life savings to a fucking nazi ape.
But also as ‘just’ a technology, it’s extremely inefficient, it is prone to fraud and unreliable at best. There is no use case beyond scamming really.
Maybe tell blockchain to stop hogging our electricity and water supply and I’ll look into how this completely unnecessary thing works. At this point I may as well watch an M night Shyamalan movie. Just as unnecessary and densely stupid.
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There needs to be a registry service that allows people to show they have a license for any digital media we purchase.
Sooooo… Ultraviolet?
Almost like a decentralised system with non fungible tokens for licences, that you could even trade between individuals without involvement of the rights owner
Given the number of crypto bros sobbing that someone right clicked their monkey, I don’t think the copyright holders are going to be down with that.
That’s not remotely close to how it would work lol. Those are just links to media, not licences
The reason that’s never going to happen is because it would be the cause of massive profit losses for digital companies.
Capitalism makes the rules.
Why would there be massive losses licencing media properly?
A black market would arise. Finished with your show? Get your money back. NFTs aren’t connected to identity like that.
They could never pull a stunt like what they’re doing now and make people rebuy things.
Advertising opportunity would essentially fall to zero. Ever notice how ads play before and after streaming services nowadays?
A subscription model wouldn’t work under this system. Subscriptions pull in a higher net than single selling products.
The current system would be overturned in its entirety by something like this, and that’s why the people making money and holding the rights aren’t going to let it happen.
Another is because for a decentralized ownership service to hold any ground it must be either backed by a (centralized) court of law or hold the full service you’re buying. Otherwise what’s stopping a hosting platform to remove the service you bought with your nft from their platform?
Indeed. Needs to be run by an independent non-profit organisation.
Like the government?
Not ONE government, but I’d accept something that lots of governments sign up to and share responsibility for. E.g. funding and making sure it is not giving any one country preferential treatment.
Sounds great. Maybe we could even scam the users for even more money.
Blockchain? Lmfao.
blockchain is great technology, even if people have used it to scam people with worthless nfts already…
That’s the only good thing that came out of that nonsense. Rich people getting scammed. Just wished it wasn’t also your dear uncle Sam who now lost his life savings to a fucking nazi ape.
But also as ‘just’ a technology, it’s extremely inefficient, it is prone to fraud and unreliable at best. There is no use case beyond scamming really.
tell me you have no idea how anything works without telling me you have no idea how anything works
Maybe tell blockchain to stop hogging our electricity and water supply and I’ll look into how this completely unnecessary thing works. At this point I may as well watch an M night Shyamalan movie. Just as unnecessary and densely stupid.
and the current banking system is environmentally friendly?
once again you know nothing and speak from ignorance
removed by mod
Funnily enough this is the only legitmate use for this technology, but will never happen because capitalists will never let it.