This is the Last Day to Watch the Classic YouTube Video "Charlie Bit my Finger".

[Mai72]

The video "Charlie Bit my Finger" will be taken off YouTube today and forever. It's going to be turned into a NFT.

These people must had made millions from this one little video.

NFT of soon-to-be-deleted 'Charlie bit my finger' YouTube video sells for over $760,000 | CNN

The memorable and meme-able YouTube video "Charlie bit my finger," one of the most viewed videos in the website's history, will be sold off as a non-fungible token, or NFT, on Sunday and then deleted from YouTube, according to a website set up by the Davies-Carr family.

www.cnn.com

 

[ultimatebob]

Doesn't removing the video from YouTube make the NFT less valuable? Nobody is going to remember this video ten years from now if they can't watch it.

I know, I know... I'm trying to apply "logic" to NFT's. I should know better.

 

[SKORPI0]

- May 22,2007 - 14 years ago. I wonder how the kids are.

Downloaded, 480p, 3.64mb mp4 file, 55 seconds.

Charlie Bit Me NFT

Charlie Bit Me NFT - Buy, Sell and Trade Limited Edition Goods by Charlie Bit Me

www.charliebitme.com

Auction about to end in 4 minutes - top bid is $350,999.

 

[SKORPI0]

 

[SKORPI0]

Crazy bidders its up to $610,999.
.................
$680,999.
.................
$760,999.

 

[Mai72]

Doesn't removing the video from YouTube make the NFT less valuable? Nobody is going to remember this video ten years from now if they can't watch it.

I know, I know... I'm trying to apply "logic" to NFT's. I should know better.

I'd think more valuable. If the video becomes scarce and is hard to find the value would go up. No?

I think it's silly anyway. How many times do youi really need to watch the video. It's not like it's going to change the way you think about life.

 

[Mai72]

Crazy bidders its up to $610,999.
.................
$680,999.
.................
$760,999.

That is crazy. But, it is a part of internet history I guess. Imagine being the owner of that video 50 years from now?

Or, imagine 300 years from now. When future people are looking at our way of life. "So, this is what was funny way back in 2006." ~2339 future Tim

 

[brianmanahan]

that's lame

but hey, if i could get a million bucks from a video of me as a kid, why not

bunch of people will save a copy of the video and reupload it to other sites anyway

 

[WelshBloke]

Doesn't removing the video from YouTube make the NFT less valuable? Nobody is going to remember this video ten years from now if they can't watch it.

I know, I know... I'm trying to apply "logic" to NFT's. I should know better.

Doesn't the NFT just contain a link to the video rather than the actual video?
It's just like a digital receipt rather than the actual thing you paid for.

 

[brianmanahan]

I know, I know... I'm trying to apply "logic" to NFT's. I should know better.

no no no, you don't understand, this is revolutionary!

 

[lxskllr]

I guess it's worth something. I'd have to read more on NFTs, and I don't quite understand the concept, but I guess you're basically transferring copyright. You could then reupload, and make some sweet youtube bux, but then you have to defend the copyright if people reupload. If I were running things though, copyright would be expired, and anybody else that had a copy would be free to use it as they wish...

 

[Mai72]

Don't you get a stamp of ownership? That is the difference I think.

 

[lxskllr]

Yea, whatever. That and $1 will get you a cup of coffee. I'm pretty sure it's all a bunch of made up nonsense to extract money from dumbasses. I might be wrong. I'll wait here patiently for someone to list all the amazing benefits of owning a nft that doesn't involve pseudofraud.

 

[quikah]

I guess it is just a copyright transfer, but I wonder if the legal paperwork is actually done? I kind of doubt it.

 

[Captante]

Yea, whatever. That and $1 will get you a cup of coffee. I'm pretty sure it's all a bunch of made up nonsense to extract money from dumbasses. I might be wrong. I'll wait here patiently for someone to list all the amazing benefits of owning a nft that doesn't involve pseudofraud.

Pseudo? I'm going with regular old boring fraud.

 

[lxskllr]

Well, the way I see it, is everybody knows what they're getting. You give me money, and I'll give you some data in a blockchain that says you own nothing. Not precisely fraud, but not an honest way of making money either.

 

[brianmanahan]

Well, the way I see it, is everybody knows what they're getting. You give me money, and I'll give you some data in a blockchain that says you own nothing. Not precisely fraud, but not an honest way of making money either.

it's probably someone gambling to see if they can resell it in the future, or a rich dude buying it for the lulz

i'd probably buy a 2000$ audio cable before i bought one of these NFTs though

 

[sdifox]

I don't think I have seen this before. Not time to start.

 

[SKORPI0]

$760,999 for a NFT, that people won't even hear/know about in a few years.

Here's what the winning bidder (3FMusic) gets the rights to do.

 

[SKORPI0]

View attachment 44786

 

[Artorias]

A fool and their money have parted ways.

 

[Spacehead]

I guess it's worth something. I'd have to read more on NFTs, and I don't quite understand the concept, but I guess you're basically transferring copyright. You could then reupload, and make some sweet youtube bux, but then you have to defend the copyright if people reupload. If I were running things though, copyright would be expired, and anybody else that had a copy would be free to use it as they wish...

Don't you get a stamp of ownership? That is the difference I think.

I'm still lost on the concept but...

...that certifies a digital asset to be unique and therefore not interchangeable.
NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.

NFTs of artworks are similar to autographed items.

https://en.wikipedia.org/wiki/NFT
that last part at least makes sense to me. "I own this particular piece."

Something i'm wondering is verifying original ownership to sell the NFT in the first place. Aren't there going to be arguments over who can rightfully sell off an NFT in some cases?