Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Sorry if my reply implied that the blockchain is somehow comparable to DRM -- they are not.

I was merely talking about the effects of the blockchain. The outcome of using a blockchain is identical to the outcome of using DRM: they both can be used to engender the illusion of scarcity of something that is not naturally scarce.

Without (the illusion of) scarcity, the enforcement of property (or access) rights on the Internet would be impossible; blockchains and DRM enable their enforcement by maintaining records of "who has permission to what and for how long" which is why they are useful.



The illusion of scarcity isn't the point. The point is saving the unique history of an asset. Like leaving your footprint in the digital world like it was in the physical.

The art-scene is based on this principle.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: