What it was years ago | What it is today:
- P2P Electronic Cash system | P2P JPEG ownership transfer service
That's the thing: there is no JPEG ownership, it's meaningless! It only "means" something on a made-up system, which only means something to the few people who are in on it. To the rest of the world, it doesn't mean anything. And on top of that, anyone can claim "ownership" of any image, with or without having the rights to do so. It's a scam.
If I'd tell you each of my satoshis is worth $1000, and if I'd create a wallet that actually shows that, and if I were to hype it enough, I could probably get some gullible victims into paying me that much. Just like the ICO scams did when Ethereum was facilitating all those scams. I really don't like the idea of Bitcoin faciliting this.
Dumb people don't have infinite money. A fool and his money are soon parted.
You are probably right, dumb people don't have infinite money but you completely ignore that there is an infinity of dumb people and they are constantly expanding like the universe does. So, technically we have an infinite money.
I was thinking of:
“Never underestimate the power of stupid people in large groups.”
― George Carlin