>So going by those figures, we had 20 years of limitless duplication and it utterly destroyed the revenue of the music industry. Exactly what they feared would happen if there was ever a digital writable medium to play music from.
right, but that's more of a economics issue (ie. how content creation would be funded) than GP's claim of
"people who are forced to reckon with the concept of infinite abundance lose their minds and bend their whole will toward reintroducing scarcity by any means possible.".
>NFTs are not DRM. They produce scarcity in a different way than DRM does.
the NFT equivalent in ye olden days would be signed records/cds/posters. they have similar characteristics to NFTs (scarcity, bragging rights, etc.), but people aren't "losing their minds" over them. I haven't heard owners of signed records making fun of napster/itunes users for "right-clicker mentality" or whatever.