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The Reality of Virtual Real Estate (w/ Jathan Sadowski)

GRIFTONOMICS

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Buying Virtual Real Estate - I Own This Inft.

Most vretl real estate is tied to an nft, which is meant to be the kind of analogous, like a deed of property ownership. But in reality, it's not governed by property law at all. It's governed by contract law, ie, terms of service agreements. And and so suddenly this idea of ownership really starts breaking down when agin we assume that i buy virtual real estate, i own this in f t.

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