u/Sure_Chance_2314

Betting on coordinates. Thoughts?

Found a site where you buy gps coordinates of real places in the US and they get anchored to bitcoin via OTS. coordinates are tradeable on a marketplace and pricing is dynamic so spots near famous locations go up as surrounding areas get claimed.

I don't know what to make of it honestly. On one hand it's kind of stupid. On the other hand it's the first time I've seen bitcoin used purely as an immutable record layer for something that has nothing to do with finance.

White House lawn is $500. SpaceX starbase went for $100.

Is this just a gimmick or is there actually something here?

found this and I'm tbh annoyed. It's just an NFT (or something). You own nothing. No legal basis whatsoever. They just slapped 'Bitcoin blockchain' on it to make it sound legit. thoughts?