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this post was submitted on 10 Nov 2023
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Shes right an nft is a hallway to the picture. You don't even own to picture
I thought NFTs is the title to the car. Just a title without any law backing it up.
No, because an NFT just tells you were the picture is on the block chain. In theory If you had access to the block chain and another picture you can just change the picture stored at that point
In theory if you had access to your bank's safe you could just take out money.
Well, you dont.
In the US money is insured. You will get your money back
The point was that if you had access to it, you could do some bad stuff but you wont ever have access to it.
You cant have access to the blockchain so you couldnt change anything. Saying "if i had access to the blockchain,..." is like saying "if I had access to your stuff, I could steal it". Yeah, thats right but that doesnt mean anything...