instead of one-of-a-kind oil paintings they foist NTFs on us.
You had me up till this last bit. NFTs aren’t modern day oil paintings. They are the worst bits of the Beanie Baby fad. Which is to say, they are a marketing stunt by a trading desk at JP Morgan that found an opportunity to rebrand the Ethereum cryptocurrency as a collectible.
Whatever may be said of historical motivation for oil paintings, they offered some material benefit in an era prior to color photography. And they provided a certain kind of cultural touchstone of the era. Even if it’s for initially vain and stupid reasons, bourgeois proliferation of the arts has a lasting social benefit that socialists can capitalize on.
You had me up till this last bit. NFTs aren’t modern day oil paintings. They are the worst bits of the Beanie Baby fad. Which is to say, they are a marketing stunt by a trading desk at JP Morgan that found an opportunity to rebrand the Ethereum cryptocurrency as a collectible.
Whatever may be said of historical motivation for oil paintings, they offered some material benefit in an era prior to color photography. And they provided a certain kind of cultural touchstone of the era. Even if it’s for initially vain and stupid reasons, bourgeois proliferation of the arts has a lasting social benefit that socialists can capitalize on.
NFTs don’t have that.