XatolostoTechnology@lemmy.worldEnglish·2 months ago“Should art be regulated by the SEC?” NFT artists file lawsuit(arstechnica.com)external-linkarrow-up1101arrow-down112message-square51fedilink
arrow-up189arrow-down1external-link“Should art be regulated by the SEC?” NFT artists file lawsuit(arstechnica.com)XatolostoTechnology@lemmy.worldEnglish·2 months agomessage-square51fedilink
minus-squaretechnocritEnglisharrow-up1arrow-down16·2 months agoedit-22 months agolinkfedilink it should just be regulated for what it is. Ok soooo how should metadata be “regulated”?
minus-squarerand_alpha19arrow-up13arrow-down1·2 months agolinkfedilinkAlright, reading is hard, but here we go. If: pieces of art metadata are being traded like securities Then: yes, the SEC should regulate their trade They should be regulated according to securities legislation. Wow! We did it! Does little baby get it now?
minus-squareTodd BonzalezEnglisharrow-up12arrow-down0·2 months agolinkfedilinkYou don’t regulate the metadata, you regulate its trade as a financial security. But you knew that, you’re just being obtuse.
Ok soooo how should metadata be “regulated”?
Alright, reading is hard, but here we go. If:
Then:
They should be regulated according to securities legislation. Wow! We did it! Does little baby get it now?
You don’t regulate the metadata, you regulate its trade as a financial security.
But you knew that, you’re just being obtuse.