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> The value of a deed is that it's recognized by a legal system

Sure, I’m not saying an NFT is substantively like a deed, I’m saying the link in an NFT serves a broadly similar purpose to the address in a deed.

An NFT is perhaps more akin to a certificate from one of those star name registry outfits that were popular for a while, but with less specificity as to what you supposedly bought with respect to thing it describes.



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