Crypto-idealists: so you could have a concert ticket that couldn’t be resold for more than face value! Smart Contracts!

Me, an ancient: but can it be transferred for free? Because here’s my site where you pay me $300 and I transfer it to you for free. Or if it must always be resold for, say, $75–pay me $75 in smart contract and $225 in Visa that the smart contract never sees.

I’ve lived through DRM, kids. Humans will break your unbreakable thing 6 ways in a day.

@platypus Today's crypto-idealists should meet 1980s game publishers who thought a code wheel or a red decoder film would *totally* discourage unauthorized copying. 😛

@platypus Not to mention ticket "resales" are a huge business. Nothing worse than financial motivation for these parasites.

@craigmaloney Right? Like I don’t actually like resellers — they’re awful. But I have seen plenty of what humans do. And these fuckers are far more motivated and better funded for it than, say, I am up get DRM broken

@platypus There’s a fascinating line they’re walking here between “cripplingly aware of the sunk-cost fallacy” and “narcissistic assumption that I’ll be the smartest person in any scenario”. They know this is all dumb, but assuming EVERYONE ELSE will adhere to the rules that they themselves are eager to break is how we got here.

@platypus Video game item resellers we're don't this years ago. I pay via PayPal, then go into the game and trade an item of little value to a bot account, which offers me the item I paid cash for. No money changed hands in-game. It's all automated. sudden flashback to the first science fiction convention I went to. I got into a discussion with a guy who agreed with me that ebooks we're the future but he was certain it couldn't be done until software, languages, OS, and hardware all enforced software contacts to ensure people didn't "copy that floppy." And even then my brain was just going, "how about you make paying for stuff as easy as possible instead of burning all that effort on stuff that will get bypassed anyway?"

@platypus can't be resold? ok, buy this $600 pen, it comes with a free ticket to the concert!

@platypus Crypto only works, even in theory, in a close system. However nothing is ever a closed system.

@platypus Not to mention that, save for that silly reselling rule, all the same benefits can come from the host cryptographically signing each ticket after adding a nonce. I wouldn't be surprised if this isn't exactly how Apple Wallet & its Google equivalent worked!

A blockchain here is a lot of truly unnecessary complexity around the core security measure. But try telling that to a crypto-idealist! If only the actually comprehended how they work...

@platypus ( @Literally reposted ) Actually, the problem of selling limited number of items for a "fair" price is well-studied and has many interesting solutions. There's a whole branch of economics that deals with it and people are getting Nobel prizes for making advances in this field.
Smart contract is just a piece of code: if someone implements a good auction mechanism in a smart contract, then everyone can use it.

Meanwhile, "scalping could be stopped immediately, without price changes, if concert promoters or venues wanted to stop it: simply print names on tickets and check against photo ID at the door"

@platypus ah, so drm was the cause of nft and web3.

I'll wait until p2p caching becomes a thing to be an actual netizen and enter a metaverse-esque discussion room with my digital asset that's an actual integral on someone's learning path rather than a monke pic to protecc.

Thank you, veteran.

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