At least our fucking military still works... and we can pull off some good deep state shit.  Even if it is all compromised by whatever poison has taken over the American government.  I still have hope that there are some "good guys" left, and we stand a chance to see them make a move much more complicated and glorious than the sinking of an old cold war enemy's prize ship.  The restoration of honorable men into power and justice for those who have been carrying off one of the biggest deceptions in history.   Or maybe I have been fed too many Hollywood fantasies for my brain to still be able to process reality OK.  Or maybe there is no hope for the old US since it has been infected so badly and for so long becoming a source of much of the injustice rather than a light on a hill. Or maybe some of all those things are true.  Interesting times, for sure

No offense to any Russian WO members.  But one thing that has been on display for a couple months is what a broken disorganized trash heap the Russian military has become.  At this point it SEEMS that whomever is really pulling the threads behind the scenes could wipe them off the world power stage in a matter of months.  But, all at the same time they STILL sit on an operational (?) world ending arsenal of nuclear weapons just like the US.

OR?  Is this all some ridiculous psyop.  It's hard to say. The fact that one of Russia's only real gems of their military was just destroyed by... well by what?  I mean it's sort of beautiful.  But at the same time the Western media has been co-opted by... whom? And is examining it's own asshole while some of the most intense stuff in 60-70 years is going on in the world.

Musk has revealed himself to be a MASTER of the win/win game and revealed that he is aware of some of the puppet mastery going on behind the scenes like the Saudi control of the TikTok for adults (TWTR).  He is deeply flawed, but he is also ... deep.  His childish autistic persona hides well the fact that he actually has been shifting into a position of extreme power while most of the world throws him parties for a decade.  Richest man on Earth and all...  And he may even be one of the only rogue, non captured power players on the stage as evidenced by things like Bezos' own Washington Post publishing headlines of the dangers of billionaires trying to take over media outlets. Maximum Lol, that.

All this while WWIII chugs along at a brisk pace.  The world war that most of the world slept through. While they themselves were one of the most fertile battlefields as the power for the keys to the slave machinery are fought over by...  ... ...

Someone wake me up if we ever figure out who is winning.  Or whose side we should be on.

Yes, 'cause you really need to "mastermind" shooting two anti ship missiles at a ship that patrols the coast at 5 knots in a pattern that repeats like a tram.
The truth is that the russians really are that bad.

We may all die because of this, but it's interesting as hell to watch, isn't it?

Hi Ya,
Long time no see.

NFTs and a blockchain don't add anything useful or missing to any of those scenarios you mentioned, because the existing, legally-binding ownership laws, contract laws, deeds, etc. already cover it and cover it well. There are no deficiencies or gaps that an NFT would fill, and there are no inefficiencies in the process that an NFT would make better.

So again, the point of NFTs then? A solution looking for a problem that doesn't exist.

I think the point is that for now, these registers for property are simply databases or records, centralized and can mostly be accessed by anyone. Sometimes they are online, sometimes they are hardcopy (paper only) for some really old records that have not yet been computerized, and this can be seen in ancient records in some countries.

I know for example, my mother-in-laws birth certificate was not in their database, so she had to file for something called "late registration", and that's for something as recent as within the years 1940 to 1950. There are many cases like this that I have seen, even some as young or same age as me, because they are born in a different hospital or jurisdiction that did not have computers and everything was hand-written, and those original documents got lost, burned, damaged or whatever.

Eventually, they will be on some public or government website, and maybe from there they might transition to blockchains, and that's where these NFTs come in. How they are treated legally will take some time, just like how court cases involving evidence have evolved to allow DNA, and marks on bullets/casings for firearms related cases, and now they might even accept video or photos as evidence, provided they are proven not tampered or photoshopped or deep faked.

They took decades to digitize stuff, they will probably wait a few more years before anything happens.

Even if certain entities like govt offices start using an NFT/blockchain behind the scenes as a form of back office recordkeeping, who tf cares? What's the big deal? You'll still need to show ID, fill out digital paperwork or contracts, pay fees, have lawyers look it over, and endure waiting periods, all to get legal entitlement to the "thing". An NFT/blockchain won't change that process or make it easier/more efficient for the end user.

This whole idea of a future world where you'll buy a piece of real estate, a company, or get a divorce with a "single click of a mouse", get instant settlement and the NFT is all you will ever need, is a fantasy at best, and complete delusion at worst. The idea of a single global, centralized blockchain-driven NFT database for everything that is legally defensible is even more laughable.

Also, all the govt, corporate, legal, and other intermediaries that get fees to process all this stuff, have a vested interest in the status quo process. Because money. That will NEVER change, ever. If anything, it is likely to get worse. They will wring every dime they can out of the existing process, and even a new or modified process involving a blockchain.

Until they figure out that it can shave their margins too and enable them to make even more money....

https://hmlandregistry.blog.gov.uk/2019/05/24/could-blockchain-be-the-future-of-the-property-market/

(ps same goes for other player in the real estate industry, from developers to investors)


pps "To demonstrate the benefits of a fully distributed network, we worked with leading conveyancing firms Mishcon de Reya and MyHomeMove, payment intermediary Shieldpay, digital identity provider Yoti and HM Revenue & Customs to build an end-to-end proof of concept. We also created a simple mobile interface for the buyer and seller so they could complete their actions on their mobile phones, such as verifying their identity and signing their agreements. All we needed then was a real life property transaction to test the prototype"


ppps "The first digital transfer
On 6 March 2019 the sale of a recently refurbished, semi-detached house in Gillingham had completed. It had taken 22 weeks, much longer than the six weeks the buyer and seller had expected. In early April we sat down with all the parties involved to see how much time it would take to run the sale and purchase through our blockchain prototype.

We used a video chat to bring everyone together. The buyer, Peter, was at work in Medway and his conveyancer was in Manchester. The seller, Stefan, was in his partner’s home in Gravesend and his conveyancer was in central London. The Digital Street team were in Plymouth, with representatives from Yoti in London and Shieldpay calling in from Malaga, Spain. Once each action had completed (such as drafting the sales agreement) the application automatically informed the next party it was their turn to act. The demonstration of the technology ran through, end to end, in less than 10 minutes."

pppps Her Majesty's Land Registration here in the UK is where the buck stops, and from my understanding they are still actively working with companies to bring the whole process here "up to speed" in terms of cost and ease of use/accessibility , and I expect them to continue to do so..... will blockchains and NFTs have a role to play and gain traction going forward... perhaps , time will tell


ppppps - 10 minutes is better than 22 weeks, or 6 weeks.