Vitalik Buterin (@vitalik.eth): [Farcast] @icetoad.eth Yeah I agree ticketmaster and co should be disintermediated, ideally people would just sell tickets as NFTs onchain.
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[Farcast] @icetoad.eth Yeah I agree ticketmaster and co should be disintermediated, ideally people would just sell tickets as NFTs onchain. Though at the same time I don't think this will cause ticket prices to drop so much that they flip from "unacceptable" to "acceptable" to many people. So I think that we also need a culture that understands that it's okay for some high-demand fixed-size goods to be expensive in order to pay for making everything else affordable. eg. a world where we get rid of ticketmaster and all extra revenue goes to the artist (so prices don't go down) and in exchange music becomes public domain would be better than a world where we get rid of ticketmaster and prices go down (but getting a ticket is inevitably hard in other ways), and music stays under the copyright regime it has today. You want to focus on making the fixed-cost things freely accessible.