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Remember NFTs (lemmy.ml)
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[-] uienia@lemmy.world 2 points 1 week ago

It is also important to mention that you don't actually own any art with NFTs. You own a link pointing to the art, but the art itself is not owned by the owner of the NFT.

[-] Khanzarate@lemmy.world 2 points 1 week ago

I don't think that's actually all that important. It's fundamental to an understanding of NFTs, but not their role in any sort of money-laundering, since you can also just make NFTs using some AI-generated art or make 5000 NFT's from one low-effort art you do own.

All money laundering needs is the non-fungible part, which is easy to do, just stamp the corner with a limited-edition numbering mark and the 500 fungible digital tokens of a single art become 500 nonfungible tokens.

this post was submitted on 06 Mar 2026
1320 points (99.0% liked)

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