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Comment by coffeecat

The value of a deed is that it's recognized by a legal system, which is backed by a police force, who you can call if some guy shows up claiming that your house actually belongs to him.

With an NFT, you don't get that. It's equivalent to your county clerk's deed registry, including the $100 filing fee, and excluding the legal machinery which gives the deed registry its value.

parent coffeecat 4 years ago

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