I do think there’s a difference between charging a price and creating artificial scarcity.

This isn’t to say that the entertainment industry hasn’t pulled some awful shenanigans. But they’re generally willing to sell to as many people as are willing to pay the price they set. For the most part they haven’t tried to place hard limits on how many total people are allowed to watch a movie and control it with some sort of limited edition resellable token. That was an innovation of the NFT folks.

> The […] tried to achieve artificial scarcity for profit. All scammers?

Yeah, I don’t really see a difference between scamming and certain types of rent seeking. So many things could fit in the blank there, not just the entertainment industry.

If:

  - you’re not creating value
  - you’re exploiting the value someone else has created
  - you’re engaging in anticompetitive, anticonsumer behavior
  - etc.

You’re rent seeking and the only reason we’re don’t use the word “scammer” is because the concentration of wealth of the western world is built on rent seeking behavior.

All the ones trying to do that, yes.

Yes. Far worse than crypto, because they manufacture scarcity of access to human culture.

What are you talking about - the entertainment industry is the most famous scam industry ever, giving the most famous artists just enough money to keep them dependent and pocketing 90% of it themselves.

I think it’s okay. Crypto devs can’t make a hard fork each time they want to revert something, and even if they do, people decide how much it’s worth to them (by staying on the old chain, like ETC in this case).

People’s opinion is the ultimate law. If you find a loophole in a contract that gives you everybody’s money, people will just take it back.

Cool. Do you still use computers, or?

Read the GP comment again. I don't know if Ethereum has, is or will ever get to whatever grandiose goal they have. But the one thing that I love has done is provide intelligent people with funds to research things like ZKSNARKs and similar cryptographic constructs.

It's like war: We don't like war, we don't like people being killed, but man, the amount of technology progress made during war is good.

So, even if you hate crypto; the fact that it is enabling research in cryptographic theory (even if for stupid goals) is good.