Smells of the same old snake oil pitch ala Milken in the 80's, leveraged CDO's in 06, etc. I saw no part of the pitch that said you get residuals as owner of your virtual clip when it's played, maybe I missed something, or that might be a different pitch.
There's is so much wrong with this and the guy who's gonna get hurt most is the little guy who can't afford to lose it. Like that idiot Mayor of Miami who wants to give all city employees the option to be paid in bitcoin. Soon the pension funds will be chasing returns in these poorly concocted schemes and when they don't perform as "promised" the little guy will be left holding the bag.
That being said, I hope this is wildly popular and everybody wants so badly to get in on owning a piece of digital microfiche securely tucked away in a block chain cloud that the market for a 51B Mantle craters (I need one for my PC).
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