Xatolos@reddthat.com to Technology@lemmy.worldEnglish · 3 months ago“Should art be regulated by the SEC?” NFT artists file lawsuitarstechnica.comexternal-linkmessage-square15fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-link“Should art be regulated by the SEC?” NFT artists file lawsuitarstechnica.comXatolos@reddthat.com to Technology@lemmy.worldEnglish · 3 months agomessage-square15fedilink
minus-squareTheImpressiveX@lemmy.mllinkfedilinkEnglisharrow-up0·3 months agoI thought the whole point of crypto/blockchain technologies was to avoid government regulations?
minus-squarebatcheck@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoI believe NFTs are actually a good idea on paper for this use case. Our implementation of the idea is weird though. I don’t know why the SEC though. NFTs are not “money”. It’s a contract that shows ownership. It’s a legal issue in my opinion
I thought the whole point of crypto/blockchain technologies was to avoid government regulations?
I believe NFTs are actually a good idea on paper for this use case. Our implementation of the idea is weird though.
I don’t know why the SEC though. NFTs are not “money”. It’s a contract that shows ownership. It’s a legal issue in my opinion