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Comment by atoav | Hacker News Reader

Sure, but if the thing you are speculating with doesn't matter, why not just use something completely arbitrary instead?

For example here is an random UUID: 6f50fde3-a7f0-433b-a9b1-8ef6d665905b. How much money would you put on it?

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I've never seen that UUID before in my life, it must be priceless!

I've already right clicked your UUID: 6f50fde3-a7f0-433b-a9b1-8ef6d665905b

Without a blockchain to formally prove that you own it, can anybody even own anything at all?

The Blockchain only proves the first derivative of ownership. It can't prove the user owned the object before putting it on the Blockchain.

Yes, in the same ways society has done for thousands of years.

But it’s here on HN and now there’s a very clear and practical way for this user to prove he originated this UUID before anyone else who tries to claim it. What do we suppose that’s worth in dollars?

He probably right-clicked it from somewhere else.

It's "a great copy of Mona Lisa", instead of parent comment's real Mona Lisa. Sure they look the same, maybe exactly the same, maybe binary-level same, but that's not what really matters. What matters is the social contract, minting and/or owning the original. If a celebrity generates a random GUID and puts on blockchain as an NFT, I'm pretty much sure that it will sell. A random GUID is worthless. A random original of a GUID generated by, say Elon Musk, is.

The bits are colored all different!

Good point. He needs to own 44a81fec08e4290afb90b780e5d94e15980b08050a402374b3a7a6e59c83a736 (the SHA256) as well.

I hereby formally claim 6f50fde3-a7f0-433b-a9b1-8ef6d665905b.

This HN comment will probably last longer than a random blockchain.

I agree, @xdennis owns it. It doesn't matter what's written on the blockchain, it's the majority (50%+1) that decides who owns what.

Even with blockchain data can be trivially copied. Ownership of data is an illusion.

My post on HN proves that I own it, but I am willing to sell you a share.

That's not a particularly valuable number. How about 09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0?

Oh no! You scoundrel! The Industry is ruined because of likes of you!!

Looks rare

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