Indeed. The blockchain provides no media hosting, no enforcement, I guess. It can mark something as owned (and require their private key to decrypt or whatever), but ultimately that ownership is as beholden to reality (read: arbitrary purseholders) as any other system. It’s just a record.
This is such a funny thing to say since NFTs were all about “owning” stuff on the blockchain.
Indeed. The blockchain provides no media hosting, no enforcement, I guess. It can mark something as owned (and require their private key to decrypt or whatever), but ultimately that ownership is as beholden to reality (read: arbitrary purseholders) as any other system. It’s just a record.