Xatolos@reddthat.com to Technology@lemmy.worldEnglish · 3 months ago“Should art be regulated by the SEC?” NFT artists file lawsuitarstechnica.comexternal-linkmessage-square50fedilinkarrow-up1101arrow-down112
arrow-up189arrow-down1external-link“Should art be regulated by the SEC?” NFT artists file lawsuitarstechnica.comXatolos@reddthat.com to Technology@lemmy.worldEnglish · 3 months agomessage-square50fedilink
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1arrow-down16·edit-23 months ago it should just be regulated for what it is. Ok soooo how should metadata be “regulated”?
minus-squareTodd Bonzalez@lemm.eelinkfedilinkEnglisharrow-up12·3 months agoYou don’t regulate the metadata, you regulate its trade as a financial security. But you knew that, you’re just being obtuse.
minus-squarerand_alpha19@moist.catsweat.comlinkfedilinkarrow-up13arrow-down1·3 months agoAlright, 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?
Ok soooo how should metadata be “regulated”?
You don’t regulate the metadata, you regulate its trade as a financial security.
But you knew that, you’re just being obtuse.
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?