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ryde posted:But he has proof that he's the actual legitimate owner and those others are fakers! Worse, he just has proof he paid 225k for a digital token. There's nothing proving the person he bought it from actually created it, nor that token he bought is specifically the original file. I'm not even sure if the file content is stored on the chain so it may not even prove that the image is what he paid that money for. If it's just on the chain as a URL or something it could change to goatse at any time.
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Aug 3, 2021 08:37
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a hot gujju bhabhi posted:Worse, he just has proof he paid 225k for a digital token. There's nothing proving the person he bought it from actually created it, nor that token he bought is specifically the original file. I'm not even sure if the file content is stored on the chain so it may not even prove that the image is what he paid that money for. If it's just on the chain as a URL or something it could change to goatse at any time. You mean if I buy nfts I could Potentially own goatse too?! 
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Aug 3, 2021 08:59
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What the heck are punks in this context?
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Aug 3, 2021 08:59
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Collateral Damage posted:What the heck are punks in this context? like lovely NFT funkopops https://en.wikipedia.org/wiki/CryptoPunks You can see punks getting bought with this twitter https://twitter.com/cryptopunksbot
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Aug 3, 2021 09:03
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nfts are just a print shop certificate of owning a given url with no actual ownership and no actual certificate, they have nothing to do with anything beyond extracting money from morons much like buttcoin
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Aug 3, 2021 10:20
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Kill All Cops posted:like lovely NFT funkopops I can't believe the prices for these things. Like I have to read every line twice to comprehend what is getting bought for how much.
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Aug 3, 2021 10:22
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Zamujasa posted:nfts are just a print shop certificate of owning a given url with no actual ownership and no actual certificate, they have nothing to do with anything beyond extracting money from morons I think a lot are urls but I also believe that you could technically store any binary content in the chain so I think at least some of them might be spared from the URL GOES DOWN problem. This is just my assumption based on what I know as a computer toucher but I haven't looked into it so I'm probably wrong and it is stupider than I'm thinking.
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Aug 3, 2021 10:25
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you're right, they're actually just integers.quote:Yes! All NFTs have a uint256 variable called tokenId, so for any ERC-721 Contract, the pair contract address, uint256 tokenId must be globally unique. Said that a dApp can have a "converter" that uses the tokenId as input and outputs an image of something cool, like zombies, weapons, skills or amazing kitties! so yeah, just an id number. hope whatever resolves those to meaningful things is still up and working.
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Aug 3, 2021 10:44
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Alan Smithee posted:You mean if I buy nfts I could Potentially own goatse too?! you could pay kirk directly to film just about anything with his anus and spend less money than what would be the opening bid on a goatse nft hell he might do it for free
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Aug 3, 2021 12:07
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Kill All Cops posted:like lovely NFT funkopops
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Aug 3, 2021 12:27
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Durzel posted:Is brain damage an undisclosed symptom of COVID?
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Aug 3, 2021 12:36
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lol, I thought that at least those loving punks would be somehow stored on chain or at least be algorithmically generated with code that is on the eth chain but nah, every punk on the chain is just a single number, which yet again points to an external file which contains ALL the punks  by downloading this image you are doing piracy of several million dollars of "assets", enjoy!
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Aug 3, 2021 12:44
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I didn't know there was a lovely tier below "asset-flip quality" but wow, those are awful. They look like they were created by an eight year old in MSPaint for his comic book about cool awesome badasses.
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Aug 3, 2021 12:55
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early on in bitcoin people would post their deep thoughts on the bitcointalk forums, and a common one that came up was "hey what if we all agreed that bitcoins were worth $1 million each, then they would be and we would all be rich! can anyone think of a flaw in this plan?" weird how a lot of the poo poo that has happened since then is basically the same as that, just dressed up and disguised in different ways.
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Aug 3, 2021 13:03
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number go down
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Aug 3, 2021 13:09
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busalover posted:I can't believe the prices for these things. Like I have to read every line twice to comprehend what is getting bought for how much. Chances are 90% or more of these are punk creators manufacturing artificial demand to attract idiots with hype.
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Aug 3, 2021 13:54
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Wasn't there a story about someone selling pictures of quilts or something as NFTs, and once they were all sold replaced them with pictures of his rear end or something like that?
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Aug 3, 2021 14:27
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a hot gujju bhabhi posted:Worse, he just has proof he paid 225k for a digital token. There's nothing proving the person he bought it from actually created it, nor that token he bought is specifically the original file. I'm not even sure if the file content is stored on the chain so it may not even prove that the image is what he paid that money for. If it's just on the chain as a URL or something it could change to goatse at any time. What even is the "original file" in the context of digital art - buy the exact ram used while the creator was making the image while carefully maintaining the power the whole time? Even going to hard drive is a copy. I guess you could buy the hard drive and say it's the first permanent copy? Everything online is a copy of a copy of a copy, regardless of who you buy from.
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Aug 3, 2021 15:05
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drk posted:long article but full of gems like the above: https://www.theverge.com/22599932/bitcoin-raid-keene-new-hampshire-ian-freeman-libertarian-prosecution quote:Free Talk Live gave Freeman the power to draw together a community of crypto-minded libertarians in Keene, but it also amplified his ugliest mistakes. Most recently, it gave center stage to his still-active lawsuit against New Hampshire’s mask mandate. (“I was never really convinced that COVID was a particularly dangerous thing,” Freeman tells me when I ask about the case.) The show also gave an early home to the infamous “crying nazi” Christopher Cantwell, who appeared on Free Talk Live when he was still trying to brand himself as a libertarian anti-police activist. (“When he became a racist, I fired him from Free Talk Live,” Freeman says. “He just kept getting deeper into that world.”) Couldn't have happened to better people
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Aug 3, 2021 15:18
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quote:“They can’t control Bitcoin,” he tells me. “That’s why they hate it.”
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Aug 3, 2021 15:36
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You can make all sorts of arguments about Bitcoin being a tech demo or technological oddity because of its problems. But for NFTs one of the original pioneers clarified the part about resolving an URL or token on a host off of Ethereum was a hackathon shortcut and gave us the current thread title when he couldn't believe how many NFTs got purchased when it's just a big table of URLs or integer tokens you plug into a URL. https://www.theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488/ VorpalFish posted:What even is the "original file" in the context of digital art - buy the exact ram used while the creator was making the image while carefully maintaining the power the whole time? Even going to hard drive is a copy. I guess you could buy the hard drive and say it's the first permanent copy? There's ways to control the provenance of digital art though. Step 1 is definitely not putting them on a public website so NFTs are right out. Step 2 is using the wide and varied copyright protections available in the modern era because easily copied art isn't a new thing to computers. That cat debatably got out of the bag 500 years ago with the printing press. Novelists do just fine in a medium you can pirate for less than 1mb of space. I guess that means Kindle DRM is a more effective NFT at this point. There's problems with these processes. I don't think blockchain is going to fix them but if they want to try they can get their lazy asses off of Ethereum and figure out a blockchain that can effectively hold the art for a start.
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Aug 3, 2021 17:31
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If you want to put your digital file somewhere permanent with a unique identifier and some attached metadata that you're the author: https://www.doi.org/faq.html None of that poo poo needs a Merkle tree.
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Aug 3, 2021 18:18
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drk posted:long article but full of gems like the above: https://www.theverge.com/22599932/bitcoin-raid-keene-new-hampshire-ian-freeman-libertarian-prosecution 
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Aug 3, 2021 18:35
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drk posted:long article but full of gems like the above: https://www.theverge.com/22599932/bitcoin-raid-keene-new-hampshire-ian-freeman-libertarian-prosecution Not that I have that much sympathy for a buttcoiner, but why was it necessary to pull off a no-knock warrant? Did the FBI think he was going to flush his bits or something?
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Aug 3, 2021 19:17
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Hobologist posted:Not that I have that much sympathy for a buttcoiner, but why was it necessary to pull off a no-knock warrant? Did the FBI think he was going to flush his bits or something? While bitcoiners are totally the type to have thermite in their PCs or something, it's not like American cops need an excuse.
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Aug 3, 2021 19:19
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The entire seizure was militarized for no good reason, though if the radio show was full of "we'll fight the feds off!" bluster then that would be sufficient justification to say they were expecting possible violent resistance.
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Aug 3, 2021 19:23
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Actually, libertarian types are pretty much the only people that cops have actually gotten meaningful violent resistance from in living memory.
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Aug 3, 2021 19:33
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Using actually twice in a sentence is what's known as a double negative.
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Aug 3, 2021 19:38
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quote:a man born as Richard Paul, who had legally changed his name to Nobody 
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Aug 3, 2021 20:03
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Ghost Leviathan posted:While bitcoiners are totally the type to have thermite in their PCs or something, it's not like American cops need an excuse. buttcoiners cant even dry fruit right, you think they can make chemical reactions more complicated than vinegar & bakingsoda?
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Aug 3, 2021 20:14
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PhazonLink posted:buttcoiners cant even dry fruit right, you think they can make chemical reactions more complicated than vinegar & bakingsoda? The Anarchist Cookbook: thinning the herd since 1971!
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Aug 3, 2021 20:31
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Ghost Leviathan posted:Actually, libertarian types are pretty much the only people that cops have actually gotten meaningful violent resistance from in living memory. Yeah I find myself in the weird position of not being terribly concerned the warrant was served with a surplus of coercive force and armor because of the libertarian angle. Sovereign Citizen-types are maybe the only people who regularly kill cops and nobody else, so it’s not surprising that they potentially viewed this libertarian that way.
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Aug 3, 2021 21:42
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ground under the statist jackboot just for using sound money on a website! well, running a money transmission business - specifically, exchanging cryptocurrency for actual money - that wasn't "licensed" by the bureaucratic oppressors who hate freedom and something about opening bank accounts in the names of churches - "The Shire Free Church", "The Crypto Church of NH", "The Church of the Invisible Hand", "The Reformed Satanic Church" - and pretending that the money coming in was tax-deductible religious donations so the usual governmental overreach the same house was raided by the FBI in 2016 on an investigation into child pornography must be one of those coincidences one of the guys from Free Keene was libertarian turned neo-nazi Chris Cantwell. this bit in my 2019 Foreign Policy article on bitcoin nazis was about Cantwell: quote:One neo-Nazi podcaster found a credit card processor that was fine with the content of his show but said he was untouchable for another reason: He was considered a money laundering risk because he dealt in cryptocurrency. Cantwell got out of jail after the Unite The Right rally and bought up big into bitcoin! right at the December peak of the 2017 bubble. he lost so much money on bitcoin that he had to sell his guns to pay his lawyer. so, in conclusion, this raid makes me feel more statist than that sovcit courtroom taser video
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Aug 3, 2021 23:04
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ymgve posted:lol, I thought that at least those loving punks would be somehow stored on chain or at least be algorithmically generated with code that is on the eth chain This is a really trite observation by me but I initially thought this was magic eye goatse.
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Aug 4, 2021 00:46
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Hobologist posted:Not that I have that much sympathy for a buttcoiner, but why was it necessary to pull off a no-knock warrant? Did the FBI think he was going to flush his He is a coiner, you know.
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Aug 4, 2021 01:13
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New head of the SEC Gary Gensler posted:A typical trading platform has more than 50 tokens on it. In fact, many have well in excess of 100 tokens. While each token’s legal status depends on its own facts and circumstances, the probability is quite remote that, with 50 or 100 tokens, any given platform has zero securities That's about as clear as the head of a regulatory body can be about what they are up to, short of announcing or "leaking" an investigation. https://www.coindesk.com/sec-chair-gensler-agrees-with-predecessor-every-ico-is-a-security
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Aug 4, 2021 01:58
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buglord posted:This is a really trite observation by me but I initially thought this was magic eye goatse. you have a broken brain, but I can kinda see it now that you mention it
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Aug 4, 2021 02:11
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ymgve posted:you have a broken brain, but I can kinda see it now that you mention it Who needs “magic eye” illusions to see goatee? I see it always, just out of my peripheral vision. It’s imprinted on the inside of my eyelids, I see it every time I blink. Thankfully, of course… 
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Aug 4, 2021 02:19
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drk posted:That's about as clear as the head of a regulatory body can be about what they are up to, short of announcing or "leaking" an investigation.
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Aug 4, 2021 03:29
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I mean crypto has been ron paul its happening dot gif for years, but this time feels a little realer We havent even discussed Mr. $800k watch getting arrested, have we he's into ponies
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Aug 4, 2021 04:06
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