Just means when he sells it he will have quite a bit of capital loss to offset any gains he made.

Would have been better off donating to charity

Are NFT-haters upset that art is being sold at all? Or are they upset about the delivery system?

I don't have a problem with selling art. I don't have a problem with people using NFTs if it really makes sense for them.

I do have a problem with people claiming NFTs will solve this or that problem and without fail, every single time when you ask for details about how that is supposed to work and be better than established ways to solve the problem you get either more nebulous claims that don't mean anything or some variation of "I don't understand it, but it will somehow still work, just trust me bro".

They keep referring to Banksy as "he." We don't know if Banksy is male or female though, correct?

How Walmart Canada Uses Blockchain to Solve Supply-Chain Challenges

I literally emailed a bunch of people doing wildlife conservation and begged them "This is a bubble. Please sell cheesey lion photo NFTs for money. This won't last."

Yeeeah... No.

Great response. Blocked

Lmao "oh no"

What did I say that was nebulous?

As far as I know that's correct, nobody knows who Bansky actually is.

... Is what I was going to say.

What astoundingly serendipitous timing.

https://www.reuters.com/investigates/special-report/global-art-banksy/

TL:DR

First posted on the 13th, picked up by other media roughly 6 hours ago, Reuters released a special investigative report, and they believe Bansky is:

You did not say anything nebulous, someone else in this thread did. Sorry that got mixed up.

Also, looking at another one of your comments I guess I have to take back the part where I claimed "every single time, without fail" people would not deliver an actual explanation of their point.

It's always a catch 22 with crypto-skeptics, in my experience. I try to be vague enough so people simply understand the use cases and why there's excitement for the tech, but then if I get too technical it "gets nebulous" since there's lots of jargon. Very difficult to find the middle ground. In most cases, simply using the tech will clear up 99% of people's questions ... at least that's how I got into it as a former skeptic myself.

Small correction:

I'm going to go with 'Aha! I did an intentional misdirect!'

... yep. Mhm.

(cough)

derp

Genius! When they come back to complain about the craftsmanship or return them, the place will have never existed.

Checkmate, bourgeoise. XD

why would it be harder for scammers to make victims perform actions that give away an NFT than any other electronic good?

Well, because there's a very good chance the owner lost their 256-bit hash key somewhere in a move so, they still totally maybe own the thing. But definitely can't give it away to a scammer! /s lol

NFTs were a vehicle to launder gains from cryptocurrency.

dude probably took the loss as a write off and gained millions in clean liquid cash.

The article was fun to read, so I fully accept that explanation! ;P