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Fame Douglas posted:I've just created a hash of this post, bids start at $1000 I've just created a hash of this post, bids start at $950 Verification: E1B49A968ABE70654AB0D1E0279BB818D09C20B8DFCFA764A886C2DAA5E020BC
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Mar 10, 2021 03:23
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xtal posted:I own goatse. Not because of any NFT, it's my rear end I have just created a hash of this post, bids start at 9001 bitcorns send all bids to 1BitcoinEaterAddressDontSendf59kuE orange juche fucked around with this message at 03:31 on Mar 10, 2021 |
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Mar 10, 2021 03:27
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How long until someone invents a physical totally air gaped bitcoin that works by atomic decay or something?
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Mar 10, 2021 04:26
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That would be stupid, no one would use a currency that is harder to use that has zero merit over other currencies for privacy and whose value is 100% derived by a designed, artificial scarcity and said value is only expressed and understood in terms of real currencies.
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Mar 10, 2021 04:49
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Flannelette posted:How long until someone invents a physical totally air gaped bitcoin that works by atomic decay or something? They could just go full hog and have no way to verify it either in a connected or disconnected way. It also has no physical presence and disappears if you try to measure it's existence.
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Mar 10, 2021 05:24
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Fame Douglas posted:Is this where people realize that owning a token of something implies absolutely nothing about your legal ownership of the content itself? The same folks realize Tether has no law or duty to be traded for actual real dollars, maybe?
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Mar 10, 2021 05:31
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Quantum entangled coin
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Mar 10, 2021 06:05
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Flannelette posted:Quantum entangled coin Quantum Bitgroin
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Mar 10, 2021 06:24
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xtal posted:I own goatse. Not because of any NFT, it's my rear end you're no kirk
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Mar 10, 2021 06:33
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Paladinus posted:Despite its reputation, only the dumbest criminals use Bitcoin. Cash is better for crime. Nah, the dumbest criminals use bitcoin cash.
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Mar 10, 2021 06:43
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I have to say, NFTs sound like the stupidest grift ever. I can't believe anyone is falling for it. Incredible.
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Mar 10, 2021 07:27
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Waltzing Along posted:I have to say, NFTs sound like the stupidest grift ever. I can't believe anyone is falling for it. Incredible. Sneakers are the gateway drug to NFT.
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Mar 10, 2021 07:30
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Its Happening! posted:Sneakers are the gateway drug to NFT. A single pair of sneakers do not consume the annual power budget of several average european households to make.
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Mar 10, 2021 07:51
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Paladinus posted:It's okay, you can easily dispute someone tokenising your work Hmmm but how does that work, could it be that there is a central authority?
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Mar 10, 2021 14:23
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Super.Jesus posted:Hmmm but how does that work, could it be that there is a central authority? Nope, that button doesn't go anywhere
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Mar 10, 2021 14:52
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orange juche posted:A single pair of sneakers do not consume the annual power budget of several average european households to make. Joke's on you, I run an incredibly inefficient sneaker factory in Bucharest
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Mar 10, 2021 15:53
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https://twitter.com/gaymonsteraunt/status/1369504723280277505
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Mar 10, 2021 19:33
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I was thinking that tokenizing and profiting off of thousands of pictures of Mickey Mouse would probably lead to the entire Ethereum network being brought down
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Mar 10, 2021 20:30
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if you put ascii art of copyrighted pictures into the blockchain, can you get it taken down?
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Mar 10, 2021 20:33
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Nitrousoxide posted:if you put ascii art of copyrighted pictures into the blockchain, can you get it taken down? NARC! quick someone get him! anyway I'm sure they can just nerd harder to fix that. or just pirate loving everything.
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Mar 10, 2021 21:40
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Nitrousoxide posted:if you put ascii art of copyrighted pictures into the blockchain, can you get it taken down? There's CP on the blockchain and that hasn't brought it down. https://www.bbc.com/news/technology-47130268
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Mar 10, 2021 21:44
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Hillary 2020 posted:There's CP on the blockchain and that hasn't brought it down. https://www.bbc.com/news/technology-47130268 Yeah, but child porn being swapped for cybertokens is one thing and being able to pay someone who isn't Disney actual you-can-buy-merch-with-this dollars to own "their" picture of Mickey Mouse is another
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Mar 10, 2021 22:50
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When I hear "tokenomics" I can't do anything but think of a college freshmen comparing how efficiently different methods of smoking get you high.
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Mar 11, 2021 00:28
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Somfin posted:Yeah, but child porn being swapped for cybertokens is one thing and being able to pay someone who isn't Disney actual you-can-buy-merch-with-this dollars to own "their" picture of Mickey Mouse is another By being "in" the blockchain they mean its been written into chain itself using the comment feature and the ascii value of the image data. It's like a tattoo, you know, which any respectable currency would have.
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Mar 11, 2021 01:05
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Somfin posted:I was thinking that tokenizing and profiting off of thousands of pictures of Mickey Mouse would probably lead to the entire Ethereum network being brought down " sec approves of disney purchase of the rights to every cryptocoin ever"
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Mar 11, 2021 01:10
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wrote up the NFT grift maybe more next week
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Mar 11, 2021 02:22
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Hillary 2020 posted:There's CP on the blockchain and that hasn't brought it down. https://www.bbc.com/news/technology-47130268 ok but what if it was something powerful people cared about stopping
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Mar 11, 2021 05:39
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OMGVBFLOL posted:ok but what if it was something powerful people cared about stopping I'm not aware of any NFTs that make it easier for poor people to vote
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Mar 11, 2021 05:48
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OMGVBFLOL posted:ok but what if it was something powerful people cared about stopping Well in the example above if Disney found out people were making money trading NFTs of Disney properties without giving the mouse a cut then their lawyers would be incentivized to try to stop ETH. That would be interesting to watch from the sidelines. 
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Mar 11, 2021 06:25
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https://twitter.com/WSJ/status/1369471830466117634?s=20 Wall street types will be drooling like Pavlov's dogs
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Mar 11, 2021 06:59
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They're like pogs except you can't hit them with a slammer.
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Mar 11, 2021 08:03
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I've been curious if you could congest a crypto network by spamming trillions of minimum deposits to newly generated wallets and bloating the ledger. The answer is yes apparently. It's not effective with bitcoin because the transfer fees are like $20+. You'd bankrupt yourself before you did serious damage. It's happening to Nano right now though. Nano doesn't use transfer fees so they can be spammed endlessly. This is a $700 million+ market cap coin that's been crippled and some commenters estimate the cost of the current attack at only $10 a day. https://www.reddit.com/r/CryptoCurrency/comments/m2hmwj/nano_network_is_slowing_to_a_crawl_after_a/ In Ethereum news, in July they're implementing EIP-1559 which will reduce transfer fees and make mining far less profitable. Miners are pissed at losing the income and are retaliating by creating a mock hostage situation. They're pooling all their hashpower in one place to show that they could theoretically accomplish a 51% attack on Ethereum. https://twitter.com/Cointelegraph/status/1369865801386266626?s=20
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Mar 11, 2021 08:19
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Hillary 2020 posted:https://twitter.com/WSJ/status/1369471830466117634?s=20
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Mar 11, 2021 08:27
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Nessus posted:This confuses me. Does this nerd and/or his catte get a shaving of a penny whenever that Lebron highlight is played? no. he just owns trading cards.
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Mar 11, 2021 09:36
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Salt Fish posted:They're like pogs except you can't hit them with a slammer. NFTs are pretty pog
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Mar 11, 2021 09:39
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LordSaturn posted:no. he just owns trading cards. Can't someone else mint the same thing into another nft though
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Mar 11, 2021 10:07
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Somfin posted:Can't someone else mint the same thing into another nft though In most other cases, yeah, piracy is already happening. The original artists often never consented to have their worked tokenized at all. Simon Stålenhag's entire twitter feed today has been a sad example. https://twitter.com/simonstalenhag/status/1369661661146193925?s=20
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Mar 11, 2021 10:23
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Salt Fish posted:They're like pogs except you can't hit them with a slammer. They’re like pogs except when you use them you go to the slammer (for fraud, drugs, mail/wire fraud, and buying child pornography).
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Mar 11, 2021 10:57
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Simon Stålenhag's had his poo poo Stålen?
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Mar 11, 2021 11:09
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Jesus. The nerve of some people. https://twitter.com/tinymediaempire/status/1369777728472367108?s=20
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Mar 11, 2021 11:21
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