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Text messaging continues to be the best method of communication in the world, and no amount of VR poo poo will beat it
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Dec 9, 2021 22:33
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Doctor_Fruitbat posted:There's basically two faces to the metaverse. On the one hand you have corporate spaces like Horizons where the spiciest you can get is putting a dog emoji over your own head, and on the other you have VRChat and Neos where furries and anime girls do battle with bluetooth sex toys. This seems too oddly specific to not have actually been witnessed firsthand.
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Dec 9, 2021 22:35
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Doctor_Fruitbat posted:There's basically two faces to the metaverse. On the one hand you have corporate spaces like Horizons where the spiciest you can get is putting a dog emoji over your own head, and on the other you have VRChat and Neos where furries and anime girls do battle with bluetooth sex toys. "battle"
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Dec 9, 2021 22:35
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Zil posted:This seems too oddly specific to not have actually been witnessed firsthand. I mean just click a populated VR chat server
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Dec 9, 2021 22:36
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Bronze Fonz posted:It's literally Second Life and VRML somehow being the next big thing. If we're gonna make such things cyclical can we just go back to email being revolutionary so people abandon social media for it? Email cannot beat social media because people love the heady thrill of standing on a street corner and shouting their thoughts at passersby without being punched or arrested.
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Dec 9, 2021 22:37
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VR as a replacement for in-person meetings is going to run into some of the same problems that happen with videoconferencing but will bring a boatload of its own issues along for the ride, too. People often feel squicked out on camera, and won't behave the same as they would in person, particularly if they can see their own video. I doubt VR would ameliorate this much. VR avatars also can't convey nonverbal communication the way it happens face to face, and even videoconferencing is better for nonverbal communication than an avatar can be. And you can just look at how fads like 3D cinema have faded because asking people to wear a set of goggles or whatever is too high a bar, much less when those goggles can cause headaches and nausea. 3D TV had an even shorter shelf-life than in cinemas for the same reasons. Videogames are one area VR has a niche, but even that is tiny and seems like a novelty more than anything else, despite the relentless promotion and hype machinery applied to it. Of course cryptocultists would bandwagon it, though - it's stupid, unnecessary, and lighting money on fire, so it's right up their alley.
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Dec 9, 2021 22:50
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CaptainSarcastic posted:It's the second coming of VR hype, which I expect will be exactly as impactful as the first coming. Do you mean the fourth coming? Because I've seen major VR hype waves at least three times before.
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Dec 9, 2021 23:06
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https://twitter.com/MichaelEHayden/status/1469019752362389508
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Dec 9, 2021 23:55
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Hey at least it’s SOME sort of use
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Dec 10, 2021 00:25
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Everything that’s dumb and terrible leads to far right assholes somehow, no surprise crypto did too
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Dec 10, 2021 00:32
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Color me shocked that a group of deluded bad actors are attracted to a currency that promotes delusions and bad actors. Although it did provide this gem. quote:“I’ll hold it, I’ll stack it, I’ll keep it … I have a huge tolerance for unreality.” Nothing says "Savior of the White Race" like embracing dissociation as an investment strategy.
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Dec 10, 2021 00:34
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Gutcruncher posted:One of the best parts of Second Life was companies trying to host serious things being assaulted by flying penises, and I’m thrilled to see this happen again but in VR That was wonderful. I think you’d eat a perma if you tried that these days, though. “Forum-or-2021-forum-equivalent-space” invasions are verboten now.
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Dec 10, 2021 03:03
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Happy Landfill posted:https://twitter.com/CNBC/status/1469008170064486406?t=_SubpxioaKd-rIsFZXaTyg&s=19 https://twitter.com/mcclure111/status/1468696390020866051 https://twitter.com/Seglegs/status/1468698674951827462 Mii characters are the real cyberpunk metaverse. golden bubble fucked around with this message at 03:12 on Dec 10, 2021 |
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Dec 10, 2021 03:09
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Per a recommendation from one of the at least three cryptocurrency threads on this forum, I started reading Attack of the 50-Foot Blockchain. I don't think I fully realized how stupidly inefficient Bitcoin mining is: It is literally a lottery, only instead of giving money to someone, you spend energy and computational power just to have a chance of winning a prized bitcoin. So each participant is incentivized to increase their computational power to have a chance at getting a Bitcoin, and as the value of a Bitcoin goes up, more people are incentivized to mine it, and the amount of energy and materials wasted on raw entropy goes up. I've long known Bitcoin was stupid, but this: What a mind-bogglingly stupid system.
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Dec 10, 2021 03:31
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Xanderkish posted:I've long known Bitcoin was stupid, but this: What a mind-bogglingly stupid system. Wait until you learn more about the “Lightning Network,” which will fix all of Bitcoin’s minor technical problems. Why, you could even go so far as to consider them already solved because we’ve discussed this on the Wiki! Ninja Edit: Lightning Network is not in the book, if I remember correctly. It’s pretty easy to find on the internet, but it is aggressively stupid in a way that transcends English’s ability to describe. It’s my personal favorite stupid caught in my head thing to post about butts and butt-adjacents.
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Dec 10, 2021 03:44
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DerekSmartymans posted:Wait until you learn more about the “Lightning Network,” which will fix all of Bitcoin’s minor technical problems. Why, you could even go so far as to consider them already solved because we’ve discussed this on the Wiki! Oh I will be reading about this. Bitcoin is so fascinating to me. It reminds me of how I pored over books and movies on the 2008 crash. It has that same combination of get-rich-quick rubes, manipulative and self-deluded peddlers, overly-technical "novel" moneymaking schemes, and crowd psychology all coming into conflict with the basic laws of economics. I mean, my god, replace "Blockchain" with "Mezzanine Tranches", and it's all starting to sound really familiar.
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Dec 10, 2021 04:02
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I mean, my god, replace "Blockchain" with "The Zybourne Clock", and it's all starting to sound really familiar.
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Dec 10, 2021 04:09
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i tried out the sandbox and its a garbage minecraft clone and instead of cool user made stuff like in second life and vr chat there are just gaudy voxel NFTs everywhere that cost thousands of dollars to 'own'
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Dec 10, 2021 04:33
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Oh my god, I just got to the point where the book points out that Bitcoin transactions are capped at 7 transactions per second, making it utterly impossible to do at scale. It literally cannot function as a currency with wide adoption. Its only broadly feasible use is as a commodity. A commodity with no actual value outside of what investors imbue it with. Seems totally sustainable!
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Dec 10, 2021 04:33
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golden bubble posted:https://twitter.com/mcclure111/status/1468696390020866051 The Metaverse of Dorian Gray
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Dec 10, 2021 04:34
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Xanderkish posted:Oh my god, I just got to the point where the book points out that Bitcoin transactions are capped at 7 transactions per second, making it utterly impossible to do at scale. It literally cannot function as a currency with wide adoption. Its only broadly feasible use is as a commodity. A commodity with no actual value outside of what investors imbue it with. Yeah that’s where the Lightning Network comes in, it’s fine.
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Dec 10, 2021 04:43
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https://twitter.com/catgraffam/status/1469029312326250498
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Dec 10, 2021 05:22
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I read up on crypto back in the 2000s so get the technical side, I've been reading a lot more stuff recently and I can't figure out why anyone would even use Tether in the first place. You give them $1 and get a token back which you can buy Butts with. Why would anyone do this instead of buying Butts directly, which is on an entirely different system? Why would anyone hold a cash float entirely in scrip? I think I'm misunderstanding something because the only angle that makes sense to me is "Tether is nominally for money laundering/tax evasion but is actually a ponzi scheme that relies on most marks being launderers/evaders/true believers." What am I missing? - Bitfinex is an exchange that is run by the same guys as Tether. - Tether will buy or sell you a token for $1 USD, except you can buy Butts with USD directly, so who would ever go that route? - Buyers arriving with USD is very rare on Bitfinex, while conversely Bitfinex will issue buyers Tether tokens as needed as a market maker? or only allows people to exchange using Tether? or people buy Tether to evade taxes via holding anonymous offshore assets? this is the most confusing bit. - People buying and selling butts are therefore forced to deal in Tether since USD just isn't available? - Most people will not cash out Tether in USD but will instead buy more butts or alt-butts, so the instantaneous demand for USD is matched by the limited supply? - Tether claims that every token corresponds to $1 USD that they hold. - And the inflow of USD to Tether is miniscule (because again, who would ever want to do that?) compared to the outflow of Tether issued by Bitfinex for transactions? - So this Tether-USD backing claim is not even close to true, and Tether is more like 1% backed, and is trying to use the rest of the money to enrich themselves? - Tether is also buying/selling Butts as they go up to prop up the price/their reserves, except this is creating more demand for rare USD, prompting more Tether to be issued? - So Tether is more like Bitfinex issuing everyone "IOU $1 USD" with no USD behind it? - And people only will continue to avoid redeeming Tether as long as they perceive it's worthwhile to convert Tether back into Butts instead of USD? Or to avoid AML/tax tracking? With already a long current queue of people holding Tether awaiting an opportunity to exit to USD? - And Bitfinex/Tether is spending most of the USD they receive on paying out people that are getting out and buying Butts to control prices? - Meanwhile the USD redemption demands are also growing as Butts go up and more people join? - So this is just a Ponzi scheme, where redemption demands will eventually eclipse cash inflow and collapse. - With the new wrinkle that the scheme is large enough to control the market and extend the scheme's viable lifetime, but this reserve ability is steady eroding?
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Dec 10, 2021 05:44
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By "vast influx of wealth" they mean the nazi's own money fluxing out of their pockets right
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Dec 10, 2021 05:50
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Decoy Badger posted:What am I missing? That is what you are missing, Bitcoin has no actual currency value as far a not-scam exchange. I mean, sure, you can buy it on the private market for a mutually agreed upon value totally detached from anything regarding a rational value, I paid $75 for a 60 year old phone book, yes, really, old phone books are actually incredibly expensive because they were so disposable and there is an extremely limited market for very old phonebooks, but that doesn't mean the phone book is worth $75 to any other actual person on the open marketplace. Except Tether detaches that reality from the broader market, it doesn't matter who would buy it, this omnipotent buyer promises they will, regardless if they actually can, so you stop worrying if it is true or not to buyers. edit: Tether is the promise of a greater fool, if you believe them, there is a good chance that you are the greatest fool. Three Olives fucked around with this message at 06:02 on Dec 10, 2021 |
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Dec 10, 2021 05:59
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Tethers are just casino chips. Useful for gambling, useless outside of the casino. And like casino chips, there's no guarantee you can redeem them for real money again.
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Dec 10, 2021 06:16
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necrotic posted:Yeah that’s where the Lightning Network comes in, it’s fine. 
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Dec 10, 2021 06:48
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Dabir posted:Somehow I always had the impression that Second Life was VR. No idea why. linden made a VR sequel called Sansar and no one plays it, along with most of the other VRchat-likes that arent VRchat, of which there are at least dozens second life still regularly peaks at like 55k concurrent players which might be more than VRchat, I dont actually know Zamujasa posted:Tethers are just casino chips. Useful for gambling, useless outside of the casino. this isnt how tether describes tether and thats part of why they're in so much legal trouble
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Dec 10, 2021 07:00
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Decoy Badger posted:Tether stuff This is my limited understanding as an outsider, so take it as you will. Crypto gamblers like stable coins, as it can make moving from coin to coin a little more certain. With the high volatility and the wait times for some transactions to process, it can be better to go from coin A to a stable coin, then from the stable coin to coin B. Going straight from A to B can result in crazy problems, or the transaction not completing if the prices change wildly enough. Another thing I have heard from the crypto zealots at work is to covert your gamblings into stable coins when you are not going to be available or awake to watch the prices. I get the impression that having stop loss triggers don’t work all that great, so if you are worried about an overnight crash of your holdings, just temporarily move them to Tether. I have also read somewhere, maybe Divabot’s stuff, that Tether is widely used because it primarily lets exchanges get around the Know Your Customer laws. If the exchange doesn’t actually touch cash, they can try to pretend they are not doing any bank like stuff, and get to ignore all kinds of laws. But that may not be quite true, and there are hints out there that they may still have to follow those laws and will be subject to fines for disregarding them.
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Dec 10, 2021 07:52
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The main advantage of tether is that its like money, except I have it.
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Dec 10, 2021 07:56
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Orvin posted:But that may not be quite true, and there are hints out there that they may still have to follow those laws and will be subject to fines for disregarding them. They'll just stop existing as soon as someone notices them long enough to start the legal process, and 14 new exchanges will pop up in their place.
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Dec 10, 2021 08:05
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https://twitter.com/HelloCullen/status/1468985048032366594
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Dec 10, 2021 08:59
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Decoy Badger posted:I read up on crypto back in the 2000s so get the technical side, I've been reading a lot more stuff recently and I can't figure out why anyone would even use Tether in the first place. You give them $1 and get a token back which you can buy Butts with. Why would anyone do this instead of buying Butts directly, which is on an entirely different system? Why would anyone hold a cash float entirely in scrip? The most important thing you need to know about everything having to do with Bitcoins, is that if your response to any part of it is "it can't be that stupid, I must be misunderstanding something", it means that you understood it all perfectly.
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Dec 10, 2021 11:28
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right before i pass out on my bed i check bitcointicker.co and take a guess at whether bitcoin is above or below whatever the current, "it" number is. right now it's 50K... i guessed it would be above 50K, it was at 48.2K... that's it. that's my post. just wanted to point out my guess about whether or not bitcoin is up or down is about as well thought out as anyone else's opinions about whether bitcoin is rising or falling. will bitcoin rally in the morning to soar past 50K or will it crater down to 40K?... i'm going with above $50K due to... evergrande defaulting on more debt causing tether to print a couple billion USDT
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Dec 10, 2021 11:52
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Xanderkish posted:Oh my god, I just got to the point where the book points out that Bitcoin transactions are capped at 7 transactions per second, making it utterly impossible to do at scale. It literally cannot function as a currency with wide adoption. Its only broadly feasible use is as a commodity. A commodity with no actual value outside of what investors imbue it with. For that reason most people agree that it's supposed to be "digital gold", but as you say this is predicated on the belief that it is intrinsically valuable. The problem there is that gold has been used for decorative objects (i.e. treated as aesthetically beautiful/valuable in its own right) since ~4000 BC. Gold will therefore always be valuable, likely for as long as humans exist. The problem with Bitcoin is that, unlike gold, the value is predicated on the sustained belief in it, and - critically - this belief is a pretty recent phenomenon and is essentially self-sustaining. You can buy gold even if you don't think it's beautiful or believe it should be worth so much. Your belief or lack thereof in it doesn't invalidate millenia of historical and cultural acceptance of its intrinsic value. Bitcoin on the other hand relies upon you and everyone else continually accepting and reinforcing the belief that is has value. Furthermore, gold is gold. No one can introduce Gold 2.0 and try and supplant the value of gold, nor can they get anywhere in suggesting that "actually silver is better than gold". Altcoins exist for exactly that purpose, with new ones appearing all the time, all ultimately seeking to supplant Bitcoin at least in the psyche of ordinary Joes when they think of "cryptocurrency". It ought to speak volumes that whenever there is a crash in the price of Bitcoin that almost every altcoin price graph follows the same trend, even though they are all supposed to be uniquely better than eachother in some fashion, solving problems no one knew existed or actually feel in any meaningful sense. NFTs feel to me like crypto madness squared. I can't even begin to explain them in any meaningful way. As remarked earlier the English language feels oddly incapable of explaining what or why it is.
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Dec 10, 2021 13:25
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NFT = buying the receipt (oN tHe BLoCkChAiN) for the digital image that’s hosted on a third party server that you have no control over It’s that simple. It’s so much more stupid than anyone reasonable could imagine.
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Dec 10, 2021 13:42
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Durzel posted:NFTs feel to me like crypto madness squared. I can't even begin to explain them in any meaningful way. As remarked earlier the English language feels oddly incapable of explaining what or why it is. It’s tulip mania but with layers of complexity added to obfuscate that it’s tulip mania. Also I was learning how virus payloads for computers work and how programmers hide malicious code within strings of hex, then “confuse” antivirus software by having the computer make nonsensical calculations while changing the hex back into ascii format for compiling. The malicious code is then compiled and run 5 layers deep, and goddamn does that make a good allegory for how bitcoin and overall scamming works in 2021. Do the same poo poo grandpa did, just add layers on top to trick people.
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Dec 10, 2021 16:02
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tehinternet posted:NFT = buying the receipt (oN tHe BLoCkChAiN) for the digital image that’s hosted on a third party server that you have no control over I assume it's something along the lines of, "NFTs are linked to their creator, and we know that you are not the original artist." But if you have to check with some centralized organization like OpenSea to validate if the NFT is authentic not, it seems to defeat the purpose. Maybe I'm nitpicking and should focus on the more obvious flaws with NFTs, but I feel like even if you set those aside, the technology doesn't seem like it'd do a good job of tracking legitimate ownership.
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Dec 10, 2021 16:09
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Nope
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Dec 10, 2021 16:10
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funeral home DJ posted:It’s tulip mania but with layers of complexity added to obfuscate that it’s tulip mania. Same thing that was done in the lead-up to the 2008 crash. The entire system was filled with Mezzanine Tranches and Swaptions and Mortgage-backed securities and a whole slew of financial terminology that only someone deep in Wall Street jargon would know (and sometimes not even then). It created the illusion of security and just enough obfuscation that if someone wanted to believe what they were being sold, they could pretend they understood it. Ironically, many libertarians are the sorts who believed that Wall Street shouldn't have been bailed out, and left to fail on its own. Now that they're trading in something that's not directly tied to the rest of the economy, they may get their wish.
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Dec 10, 2021 16:11
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