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this is what happens when a generation of nerds fetishize the idea of games being more realistic=better without any meaningful examination of what that means some of them will unironically view scarcity, price gouging, and rent as potential gameplay mechanics "because it's so realistic!"
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Dec 19, 2021 16:31
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lol wired
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Dec 19, 2021 16:48
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gschmidl posted:So anyone can just dump anything in there without regulation or oversi... why am I even asking this it's a video game virtual world created by facebook. facebook are the ones making the rules and moderating the content. given their track record on that subject, lol
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Dec 19, 2021 16:53
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Chris Knight posted:lol wired i couldn't find that article on their website, but they do have a big puff piece on the 2 dudes who started cryptopunks (referred to as an "nft revolution") so clearly someone high up there bought in and needs number to go up
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Dec 19, 2021 17:11
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to be specific, facebook wants metaverse to be the video game virtual world to end all other video game virtual worlds. but it does not exist in any usable form, so thousands of companies are rushing to capitalize on the "metaverse" name while making their own clones of second life and vrchat facebook metaverse is less real than star citizen ymgve fucked around with this message at 17:31 on Dec 19, 2021 |
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Dec 19, 2021 17:18
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KnifeWrench posted:this is what happens when a generation of nerds fetishize the idea of games being more realistic=better without any meaningful examination of what that means many (all) of them are also libertarians who think this will be awesome (as long as they're the ones with the property)
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Dec 19, 2021 17:30
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this whole thing is incredible to watch and is utterly mind boggling. even as someone who follows crypto crap for laughs i would never have predicted "second life but with crypto except it doesn't exist" being the hype du jour
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Dec 19, 2021 17:35
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Chris Knight posted:lol wired But where are the fidget spinner lights that communicate new blockchain entries?
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Dec 19, 2021 17:48
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pointsofdata posted:https://twitter.com/El_Crypto_Chapo/status/1471941739594268676?t=fJ1AFZjaSwrN2yH8FRCwqw&s=19 didn't this happen in second life too, where if you made a cpu-intense animation everyone also on the server would start complaining about it until that german lady in china who owned everything came in and deleted it so they stopped lagging?
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Dec 19, 2021 18:04
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quote:Lot of $ on the line, this is needed tbh. oh, we accidentally created all the problems of real estate in our virtual world by monetizing it. whoever could have foreseen this would be so hard?
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Dec 19, 2021 18:12
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Ultimate Optimized Stablecoin Yield Portfolio 🔥 Simple, effective, low-risk, high-return (32%+)
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Dec 19, 2021 18:12
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ralph pls go
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Dec 19, 2021 18:13
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from the gray threadBrianRx posted:
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Dec 19, 2021 18:15
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oh so this time a 30 digit increase is fine 
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Dec 19, 2021 18:22
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njsykora posted:i couldn't find that article on their website, but they do have a big puff piece on the 2 dudes who started cryptopunks (referred to as an "nft revolution") so clearly someone high up there bought in and needs number to go up We All Need to Stop Only Seeing the Dark Side of Crypto In some parts of the developing world, cryptocurrency is changing lives for the better. BOAZ SOBRADO AT WIRED UK In 2021, Bitcoin went mainstream. Wall Street set its eyes on the world of crypto, with hotshot investors like hedge funder Paul Tudor Jones leading the pack; The Economist went from calling the cryptocurrency “useless” in 2018 to arguing that it belongs in most portfolios; tech CEOs Jack Dorsey and Elon Musk gamely crossed swords about Bitcoin’s merits at a conference run by an asset management firm. Popular opinion lags a bit: Many people still believe cryptocurrency is a giant, global get-rich-quick scheme. Others simply dismiss the entire thing as a speculation-driven fad in the best case, a criminal enterprise in the worst. But amid the noise, the enthusiasm, and the hype, we might be losing the most important story: the way cryptocurrency is changing lives in the developing world. Take for example, Cuba, a country where internet penetration went from less than 40 percent in 2015 to an estimated 70 to 80 percent today. Like most people, Cubans want to buy things and sell things online—but, unlike most people, they cannot buy anything online using a debit or credit card. Due to US sanctions, ordinary Cubans find themselves cut off from the global financial system: They cannot start a Spotify subscription, buy a domain name, or pay for a website-hosting service using a card. This means that if Cubans wish to partake in online commerce, particularly with another country, they have to use cryptocurrencies. And where there's a need, there's a way. Cubans have found solutions such as Bitrefill, a site that sells gift cards from Spotify and other companies for cryptocurrency. Data from Bitrefill for June 2021 shows that four times as many people buy Cuban digital products (such as Cubacel phone top-ups) using cryptocurrencies as buy similar US products, on a population-adjusted basis. Crypto has deeply penetrated the country to the extent that Cuba’s Communist Party, a conservative Marxist institution not known for its technological savviness, has instructed the Central Bank of Cuba to regulate the use of cryptocurrencies and to study how they can be used to help the government avoid US sanctions. Paradoxically, officials in the US State Department are rumored to be looking into how cryptocurrencies can be used to set up remittance networks that bypass the hefty taxes extracted by the Cuban government. While crypto adoption in Cuba has been a bottom-up phenomenon, in El Salvador Bitcoin has been proclaimed legal tender by the country’s controversial president, Nayib Bukele. President Bukele claims that the government-sponsored Bitcoin wallet already has more users than the entire Salvadoran banking system, potentially throwing a lifeline to thousands of unbanked individuals. These Bitcoin wallets operate partly on the Lightning network, a system that allows for cheaper and faster cryptocurrency transactions. You can now pay instantly with Bitcoin in every Salvadoran McDonald’s and Starbucks, which certainly sounds futuristic and exciting. Still, Bukele has been accused of performing a reckless maneuver to transform the country into a haven for Bitcoin-rich entrepreneurs or even outright criminals, and polls consistently show a majority of Salvadorans fretting about having their salaries paid in volatile bitcoins. Whether Bukele’s crypto gambit will go down in history as the masterstroke of a modernizer or the folly of an autocrat still remains to be seen. Further south in Venezuela, Bitcoin is slowly becoming an integral part of the economy. Due to currency controls, Venezuelan banks are not connected to the rest of the world, and therefore Bitcoin is used to move value in and out of the country using peer-to-peer markets where people can easily exchange Bitcoin for cash. The impact of these markets was demonstrated by a natural experiment in 2019 when, during a massive electricity outage in Venezuela, the Bitcoin-trading volumes across all of Latin America tumbled significantly. Today peer-to-peer crypto markets have been widely acknowledged as a key component of the Venezuelan foreign exchange market. But the real leader in Bitcoin trading is not Latin America, but Sub-Saharan Africa. UsefulTulips, a website that tracks peer-to-peer Bitcoin trading across the world, now reports that trading volumes in Sub-Saharan Africa are currently equal to those in North America and will soon exceed them. Observed volumes are on the order of $20 million a day, but the true figures are likely to be multiples higher. In countries such as Nigeria, the government has imposed strict capital controls, and moving value across borders can prove next to impossible. It is not surprising that people in Africa are increasingly using cryptocurrencies for international transactions. Perhaps one of the easiest metrics to follow with regards to this year’s explosion in crypto use is stablecoin issuance. Stablecoins are cryptocurrency-based digital dollars issued by companies with varying levels of regulatory oversight. At one end of the spectrum is PAXOS, which is regulated by the New York State Department of Financial Services. On the other end is Tether, an offshore issuer that recently agreed to pay $18.5 million to the New York Attorney General’s Office to settle a fraud investigation. Total stablecoin values have grown from $29 billion at the beginning of the year to over $125 billion today. The primary use case of stablecoins is to speculate on cryptocurrency, but early adopters also include individuals in the developing world who are using stablecoins on peer-to-peer crypto markets. Companies like Paxful and Bitrefill make it easy to spend stablecoins online. Crypto is seeping into people’s lives not only as a financial technology, but also in a cultural sense. A lot has been written about NFTs, virtual assets that have been promoted by artists and celebrities ranging from Snoop Dogg to Paris Hilton. A lesser known phenomenon is crypto gaming. Gamers spend a lot of hours online and are keen to truly own their in-game assets, be they Counter Strike skins, Warcraft gold, or Runescape hats. This is the promise of crypto games, which would transform virtual objects into unique cryptocurrency tokens for users to keep in their digital wallets and possibly trade or move to other platforms as their inviolable properties. Perhaps the best known crypto game is Axie Infinity, a Vietnamese play-to-earn game with 350,000 daily active users, where gamers can complete quests, breed imaginary critters, buy land, and engage in farming to participate in an in-game economy. Unlike most other video games, Axie Infinity’s in-game tokens can easily be exchanged for cash. In places like Venezuela and the Philippines, playing Axie Infinity has become the main source of income for many individuals. Part of the appeal of crypto, whether it be crypto games or decentralized finance, is that it is open to everyone who is technically savvy. Even 14-year-old residents of Cuba, South Sudan, Iran, or North Korea can participate. Popular perception in the developed world remains that crypto is at best the domain of meme-conversant Wolf of Wall Street-like figures and at worst of drug dealers. Regulators and policymakers seem to partially share that belief, as crackdowns and strict regulations are announced across the globe from China to Turkey to the US. And yet in the Global South more and more people are choosing to use a technology designed to help them keep their wealth safe from confiscation, tyranny, or arbitrary restrictions. Whatever you think of crypto, its role as a force for good in some parts of the world should not be ignored.
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Dec 19, 2021 19:11
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Desperately scraping the bottom of the barrel and that's all they can come up with. lol. Cryptocurrency isn't just for criminals! *instantly starts talking about evading capital controls*
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Dec 19, 2021 19:31
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your hodling it wrong
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Dec 19, 2021 19:38
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https://twitter.com/DoesItPlay1/status/1472517736722960388 the “everything’s a ponzi scheme” era is upon us
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Dec 19, 2021 19:54
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you say that bitcoin is bad? well in 5 years time bitcoin will have given el salvador a new president after the old idiot one gets strung up on a light post!
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Dec 19, 2021 20:06
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that's fair, maybe it's not all bad
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Dec 19, 2021 20:18
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Don't you understand how great it is that stablecoins decided to press the "create free counterfeit money" button up to 125 billion times? That number is going up, and that's always good!
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Dec 19, 2021 20:25
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gschmidl posted:I give up, whose is Metaverse? facebook announced a VR world called "Metaverse" and basically the instant the word passed Zuck's lips, the press went into an absolute frenzy about virtual worlds, calling them all metaverses and giving massive amounts of press to them, declaring that moving a character around in a 3D world with no game attached is the way of the future so now "metaverse" is the new hot tech press buzzword of 2022, and basically anyone who wants gigantic piles of investor money with no questions asked is scrambling to at least pretend they're going to churn out a low-effort Second Life clone
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Dec 19, 2021 20:50
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infernal machines posted:it's a video game virtual world created by facebook. facebook are the ones making the rules and moderating the content. given their track record on that subject, lol Main Paineframe posted:so now "metaverse" is the new hot tech press buzzword of 2022, and basically anyone who wants gigantic piles of investor money with no questions asked is scrambling to at least pretend they're going to churn out a low-effort Second Life clone Ok, so it is just everyone using the same word, that explains it. Thanks!
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Dec 19, 2021 21:01
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this is pretty cool. i guess we have a new word now https://www.cnbc.com/2021/12/18/web3-kickstarter-and-discord-face-backlash-over-moves-into-crypto.htmlquote:‘Web3’ sounds cool! built on same old internet you know and love, but decentralized!
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Dec 19, 2021 21:14
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(apple and amazon quickly and easily gain control over "Web3") poo poo! it happened AGAIN!
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Dec 19, 2021 21:15
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Gamefound, the alternative to Kickstarter for board game projects, has responded with essentially "thanks for driving everyone to us with your crypto poo poo, idiots".
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Dec 19, 2021 21:17
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a.p. dent posted:(apple and amazon quickly and easily gain control over "Web3") poo poo! it happened AGAIN! it's incredibly inefficient, because it's "decentralized", also, the only way to actually use it is to go through one of a handful of service providers. this is very different than web2 because it's unusably slow
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Dec 19, 2021 21:23
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i miss the old days of second life when brothels and casinos covered the "land", let's have a rerun
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Dec 19, 2021 21:24
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Gazpacho posted:i miss the old days of second life when brothels and casinos covered the "land", let's have a rerun the new second life is just fields and fields of ads as far as the eye can see  (a real screenshot from decentraland)
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Dec 19, 2021 21:36
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this is the future marketers want
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Dec 19, 2021 21:39
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its a start
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Dec 19, 2021 21:40
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infernal machines posted:metaverse is facebook's second life ripoff except NFT dorks were already saying "the metaverse" to refer to the concept of putting 3d models in videogames based on which nft you own i wonder if facebook will have a trademark suit against decentraland
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Dec 19, 2021 22:04
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I'd rather live the rest of my life in Roblox.
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Dec 19, 2021 22:06
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RPATDO_LAMD posted:except NFT dorks were already saying "the metaverse" to refer to the concept of putting 3d models in videogames based on which nft you own i love that metaverse has become a kleenex or xerox before it even exists
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Dec 19, 2021 22:13
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infernal machines posted:it's incredibly inefficient, because it's "decentralized"
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Dec 19, 2021 22:23
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Spatial posted:being able to compute 600,000 additions per second, and write 3000 bytes per second, for a mere 11.5 billion watts of electricity is not good enough? how dare you criticise the greatest technology in human history! dont worry, they're just 6 months away from fixing this and have been for the past 6 years
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Dec 19, 2021 22:42
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i’m reading about this kickstarter thing and the “carbon negative blockchain” https://medium.com/celoorg/a-carbon-negative-blockchain-its-here-and-it-s-celo-60228de36490 before i actually look into this, why is it bullshit
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Dec 19, 2021 23:15
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it's "carbon negative" by using exactly as much energy as every other blockchain, but they promise to plant some trees
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Dec 19, 2021 23:22
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they don't even promise to plant trees, they pay some one else to promise to plant trees
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Dec 19, 2021 23:28
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| # ? Jun 5, 2024 19:20 |
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a.p. dent posted:i’m reading about this kickstarter thing and the “carbon negative blockchain” https://medium.com/celoorg/a-carbon-negative-blockchain-its-here-and-it-s-celo-60228de36490 they're paying subsistence farmers in the third world to plant saplings instead of food crops and then they're minting carbon credit NFTs
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Dec 19, 2021 23:29
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