Benefit of the hindsight
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It's so funny looking back at it (though it was funny while it was happening too), these new-flavor cryptobros tried so hard to convince themselves that they were in the right, they made "cartoons," games, I think they even planned like an island resort or something around their monkey pictures.
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Well first of all, it allows travel between point A and point B, usually above the ground
And time travel! But you have to drive real slow for it to work
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The sad thing is the concept wasn’t.
Selling NFTs with no physical existence is what is pointlessly stupid.
Before they came along i considered the idea of a blockchain linked video camera where metadata of footage gets written into the chain to combat fake news and misinformation.
The goal would be to create a proof and record of original footage, to which media publishers and people who share can link towards to verify authenticity/author.
If the media later gets manipulated or reframed you would be able to verify this by comparing to the original record.
It was never a finished idea but when i first read nft i thought this is the right direction.
And then capitalism started selling apes and what the actual disgusting money possessed fuck was that.
I initially thought they were like numbered art prints, with a more robust way of guaranteeing authenticity.
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Is it over? I stopped watching.
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And time travel! But you have to drive real slow for it to work
Or you could travel at any speed.
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The certificate/signature part seems okay for verification.
It's the transferable virtual deeds being sold that are the scam. I could sell you a virtual deed to the Golden Gate Bridge right now, you could buy it but it doesn't really mean anything.
The virtual deeds would be great for game licences and trading second hand games online
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Is it over? I stopped watching.
Fifa is selling world cup nfts right now...
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Fifa is selling world cup nfts right now...
Fifa is pretty fucked up and behind the times. I am not surprised.
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I quite enjoyed supporting artists like Ame72 and Sabat by purchasing their digital artwork.
️I don't see how it's much different than Patreon. You pay creators that you enjoy, you get a digital collectable, and access to discord of you care about that sort of thing. NFTs allowed many people to do art full-time.
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The sad thing is the concept wasn’t.
Selling NFTs with no physical existence is what is pointlessly stupid.
Before they came along i considered the idea of a blockchain linked video camera where metadata of footage gets written into the chain to combat fake news and misinformation.
The goal would be to create a proof and record of original footage, to which media publishers and people who share can link towards to verify authenticity/author.
If the media later gets manipulated or reframed you would be able to verify this by comparing to the original record.
It was never a finished idea but when i first read nft i thought this is the right direction.
And then capitalism started selling apes and what the actual disgusting money possessed fuck was that.
Wouldn't a code signing be a simpler way to achieve that? The video camera can produce a hash code with each video and you can always run the same hash function against the video file to confirm that it wasn't tampered with.
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It's so funny looking back at it (though it was funny while it was happening too), these new-flavor cryptobros tried so hard to convince themselves that they were in the right, they made "cartoons," games, I think they even planned like an island resort or something around their monkey pictures.
The national news media got behind it big, which I really don't understand.
It never made any sense.
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The certificate/signature part seems okay for verification.
It's the transferable virtual deeds being sold that are the scam. I could sell you a virtual deed to the Golden Gate Bridge right now, you could buy it but it doesn't really mean anything.
I could sell you a virtual deed to the Golden Gate Bridge right now, you could buy it but it doesn't really mean anything.
Yeah, that's possibly the most famous scam in history (people selling deeds to the Brooklyn Bridge), enough to where "I've got a bridge to sell you" is a figure of speech for calling someone gullible or naive.
And then despite the world knowing about the Brooklyn Bridge scam, the cryptobros actually went and found a bunch of suckers to fall for the exact same scam, only with blockchains instead of notary seals.
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Wouldn't a code signing be a simpler way to achieve that? The video camera can produce a hash code with each video and you can always run the same hash function against the video file to confirm that it wasn't tampered with.
wrote on last edited by [email protected]I guess the problem NFTs try to solve is authority holding the initial verification tied to the video. If it’s on a blockchain, theoretically no one owns it and the date/metadata is etched in stone, whereas otherwise some entity has to publish the initial hash.
In other words, one can hash a video, yeah, but how do you know when that hashed video was taken? From where? There has to be some kind of hard-to-dispute initial record (and even then that only works in contexts where the videos earliest date is the proof, so to speak, like recording and event as it happens).
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When my these first arrived my brother was all about them. Dude was stoked and thought he was the next billionaire. I then asked him what's to stop someone from copying the image? He shrugged and idk man man but im going all in. It was on that day that I knew my brother was tarded
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The sad thing is the concept wasn’t.
Selling NFTs with no physical existence is what is pointlessly stupid.
Before they came along i considered the idea of a blockchain linked video camera where metadata of footage gets written into the chain to combat fake news and misinformation.
The goal would be to create a proof and record of original footage, to which media publishers and people who share can link towards to verify authenticity/author.
If the media later gets manipulated or reframed you would be able to verify this by comparing to the original record.
It was never a finished idea but when i first read nft i thought this is the right direction.
And then capitalism started selling apes and what the actual disgusting money possessed fuck was that.
Yes, people vehemently hate when you point this out because to the general public NFT = stupid overpriced digital art, and they don't care to be convinced otherwise. My personal conspiracy theory is that the two were purposefully conflated to keep the technology from ever being taken seriously.
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Pyramid schemes are still a thing too.
Amway and Herbalife should have been shut down decades ago. But the DeVos family made a lot of money on Amway.
The SEC should have intervened on crypto and NFTs, but again, it’s qui bono. Things that help rich people grift are always allowed.
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When my these first arrived my brother was all about them. Dude was stoked and thought he was the next billionaire. I then asked him what's to stop someone from copying the image? He shrugged and idk man man but im going all in. It was on that day that I knew my brother was tarded
My first wife was tarded. She's a pilot now.
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My first wife was tarded. She's a pilot now.
Yep! Don't worry, scrote. There are plenty of 'tards out there living really kick-ass lives!
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I could sell you a virtual deed to the Golden Gate Bridge right now, you could buy it but it doesn't really mean anything.
Yeah, that's possibly the most famous scam in history (people selling deeds to the Brooklyn Bridge), enough to where "I've got a bridge to sell you" is a figure of speech for calling someone gullible or naive.
And then despite the world knowing about the Brooklyn Bridge scam, the cryptobros actually went and found a bunch of suckers to fall for the exact same scam, only with blockchains instead of notary seals.
It's kind of like selling a website that redirects to Facebook, and thinking that therefore you own Facebook.
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Amway and Herbalife should have been shut down decades ago. But the DeVos family made a lot of money on Amway.
The SEC should have intervened on crypto and NFTs, but again, it’s qui bono. Things that help rich people grift are always allowed.
Had Hillary won they might have. Was never going to happen with Trump 1.
