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NFTs have played a large part in that; when it was just numbers people could largely shrug it off as strange investment stuff, but now you have these skin-crawling weirdos shoving their ugly monkey jpegs in people's faces and giving them cult-like screeds about the future of the internet and how life-changing it is to own a lovely monkey jpeg, and people are cottoning on that these aren't sane people in full possession of their faculties. And that's on the back of the massive ongoing chip shortages, and while crypto isn't entirely to blame for that, of all the things that people should be allowed to waste limited resources on, planet-burning funny money is right at the bottom of most people's lists. Doctor_Fruitbat fucked around with this message at 11:45 on Jan 3, 2022 |
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Jan 3, 2022 11:27
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NFTs are utterly mind boggling to me Like, at least you can use crypto to buy drugs
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Jan 3, 2022 11:29
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I was very pleased that my mum emailed me to ask if she was missing something or were NFTs really as stupid as they sounded.
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Jan 3, 2022 11:31
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Crypto managed to transition from being a large bundle of regular scams backed by a drugs marketplace into being an even larger bunch of complicated market scams backed in a similar way to US subprime mortgages in 2008. Much like then, the idea that this is a stable and sustainable activity that could never go tits-up has brought in a class of respectable money-men who are right now convincing your CEO at a party that this is something they need to be looking into.
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Jan 3, 2022 11:33
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Barry Foster posted:NFTs are utterly mind boggling to me Imagine if instead of drugs you were a massive nerd with too much money and instead had figured out a way to buy social validation with other terrible rich nerds.
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Jan 3, 2022 11:35
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Oh I almost forgot, there's also the rampant art theft where they just steal artwork from anyone and everyone and sell it without a hint of shame in a mad attempt to profit on absolutely anything they can get their hands on, and upon being challenged on it their earnest response is that the artist should have done it first. So now anyone who creates art or follows artists is pretty much guaranteed to despise crypto with all their heart.
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Jan 3, 2022 11:40
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A bunch of horrible people who have wasted their money on something stupid all band together to convince each other they have made the right choice by forming a tight knit community of horrible people who have all made the same terrible decision, as whoever has taken their money gets rich for doing nothing Glad I haven't ever participated in anything like that
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Jan 3, 2022 11:49
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NFTs sound dumb but have you also considered that they look like poo poo?
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Jan 3, 2022 12:02
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keep punching joe posted:NFTs sound dumb but have you also considered that they look like poo poo? No they don't, the NFT exists on the blockchain, it's not the same as the horrible monkey picture. I mention this not to be pedantic (okay, maybe a little) but because I enjoy pointing out how incredibly dumb the whole thing is.
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Jan 3, 2022 12:05
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The blockchain also looks like poo poo.
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Jan 3, 2022 12:06
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keep punching joe posted:NFTs sound dumb but have you also considered that they look like poo poo? But nope, they're the product of culturally void techbros who want an instant return for no effort, so lovely procedurally generated cartoon monkey JPEGs it is!
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Jan 3, 2022 12:08
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Strom Cuzewon posted:No they don't, the NFT exists on the blockchain, it's not the same as the horrible monkey picture. I refuse to learn what a block chain is.
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Jan 3, 2022 12:10
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Barry Foster posted:NFTs are utterly mind boggling to me Imagine instead of using crypto to buy drugs you used crypto to sell drugs, and as a result you needed to wash your bitcoin/etherium before you cashed out. NFTs
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Jan 3, 2022 12:11
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keep punching joe posted:I refuse to learn what a block chain is. imagine four ledgers at the edge of a cliff
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Jan 3, 2022 12:11
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keep punching joe posted:I refuse to learn what a block chain is. It's a chain. Of blocks.
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Jan 3, 2022 12:11
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keep punching joe posted:I refuse to learn what a block chain is. It's just a transaction log, except instead of having like, a bank, which can be audited by the government if they start randomly taking money out of your account, holding the transaction log, you instead have millions of computers constantly doing maths to try and establish a consensus reality of the transaction log, and you have to keep adding computing power to this because the more transactions the amount of maths goes up exponentially (this is by design) and also if anyone got control of enough of the computers they could just make up whatever they wanted. this is Progress, and better than Banks and Statist Fiat Currency.
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Jan 3, 2022 12:13
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Bob page plugs himself into the big computer and now controls all the apes
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Jan 3, 2022 12:15
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keep punching joe posted:I refuse to learn what a block chain is. Basically the NFT is a post-it note with a URL to the horrible monkey picture. You own the post-it, not the picture, and pointing this out really pisses off the techbros. I'm actually not sure where the horrible monkey pictures are located, you'd hope somewhere secure.
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Jan 3, 2022 12:18
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Strom Cuzewon posted:Basically the NFT is a post-it note with a URL to the horrible monkey picture. You own the post-it, not the picture, and pointing this out really pisses off the techbros. On my PC after I save them. Not because I like them, just because of the principle of it.
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Jan 3, 2022 12:19
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OwlFancier posted:It's just a transaction log, except instead of having like, a bank, which can be audited by the government if they start randomly taking money out of your account, holding the transaction log, you.. My eyes have glazed over like a pair of Krispy Kreme doughnuts.
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Jan 3, 2022 12:19
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keep punching joe posted:My eyes have glazed over like a pair of Krispy Kreme doughnuts. Probably for the best really. You could use that brain space for literally anything else.
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Jan 3, 2022 12:20
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Did we mention the bit where you use as much electricity as entire countries? Bitcoin alone is 0.5% of all electricity usage in the world.
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Jan 3, 2022 12:22
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How much electricity do all the computer games take?
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Jan 3, 2022 12:28
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NotJustANumber99 posted:How much electricity do all the computer games take? Oh look, the Tesla defender has also decided to defend crypto with whataboutism. What a loving shock.
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Jan 3, 2022 12:38
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NotJustANumber99 posted:How much electricity do all the computer games take? The sum of the world's PC gaming is estimated to consume upwards of 75TWh annually. There's no global estimates available for other gaming platforms. Bitcoin consumes110TWh annually and Ethereum consumes about 75TWh also (but will soon migrate to PoS).
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Jan 3, 2022 12:44
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How much electricity do all the hospitals in the world use? Checkmate, crypto haters 
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Jan 3, 2022 12:45
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Azza Bamboo posted:The sum of the world's PC gaming is estimated to consume upwards of 75TWh annually. There's no global estimates available for other gaming platforms. Bitcoin consumes110TWh annually and Ethereum consumes about 75TWh also (but will soon migrate to PoS). my civ2 sessions prob contribute to that but i just really want to stick it to that shithead xerxes 
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Jan 3, 2022 12:47
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Depends if I leave my PS5 in rest mode or not
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Jan 3, 2022 12:48
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crispix posted:my civ2 sessions prob contribute to that but i just really want to stick it to that shithead xerxes You really need to migrate to Civ 5. I haven’t gotten into Civ 6.
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Jan 3, 2022 12:49
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https://twitter.com/DigiEconomist/s...ingawful.com%2F
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Jan 3, 2022 12:49
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NotJustANumber99 posted:How much electricity do all the computer games take? quote:So just how big is gaming’s environmental footprint? Globally, PC gamers use about 75 billion kilowatt hours of electricity a year, equivalent to the output of 25 electric power plants. (And that doesn’t include console games.) In the United States, games consumes $6 billion worth of electricity annually — more power than electric water heaters, cooking appliances, clothes dryers, dishwashers, or freezers. As the report concludes, “video gaming is among the very most intensive uses of electricity in homes.” And more power means more greenhouse gas emissions: American gamers emit about 12 million tons of carbon dioxide annually — the equivalent of about 2.3 million passenger cars. Games are rated for things like sex and violence, Mills points out, but games and gear are “silent on their carbon footprint.” So, firstly, anyone who mixes comparisons like this should be shot. I have no intuition for how many power plants there are worldwide or even per state. 25 certainly sounds like a lot but is it? The comparison doesn't impart any information. And "more power than electric water heaters, cooking appliances, clothes dryers, dishwashers, or freezers" technically is comparing it to those things individually, but by slamming them into a list it reads as if its more than them combined. What they mean is "your gaming rig isa sizable chunk of a households electricty bill", which isn't exactly noteworthy. 2.3 million cars also sounds like a lot, but there are 289 million cars in the USA. But if I state "American gamers emit as much carbon as 1% of our cars" it sounds trivial. Secondly, I loving hate when people mix SI units. billion kilowatt hours just jars my brain. Thirdly, I can only convert by counting 000s on my fingers. Kila-mega-giga-tera. So 75 TWh. Bitcoin is 110 TWh. Which makes me think that the "crypto is burning down the amazon" is a bit of an exaggeration, and I'm torn between intellectual honesty and dunking on techbros. Although this has kind of driven home to me how loving horrible combustion engines are, when such a massive chunk of home energy usage is equivalent to a few % of cars. Jesus. Can we just ban cars?
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Jan 3, 2022 12:50
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Azza Bamboo posted:(but will soon migrate to PoS). or not
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Jan 3, 2022 12:51
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If all the teslas in the world went on fire at once do u think that would be a net reducation in co2 emissions
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Jan 3, 2022 12:52
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Strom Cuzewon posted:So, firstly, anyone who mixes comparisons like this should be shot. I have no intuition for how many power plants there are worldwide or even per state. 25 certainly sounds like a lot but is it? The comparison doesn't impart any information. And "more power than electric water heaters, cooking appliances, clothes dryers, dishwashers, or freezers" technically is comparing it to those things individually, but by slamming them into a list it reads as if its more than them combined. What they mean is "your gaming rig isa sizable chunk of a households electricty bill", which isn't exactly noteworthy. If you ban videogames people will have to do other things, which definitely will not involve driving cars anywhere.
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Jan 3, 2022 12:53
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As much as gamers do not deserve rights or dignity, the energy used by a video game does at least contribute significantly to a person's happiness, especially compared with the joy-per-joule of using a farm of graphics cards to let a person own a string of numbers claimed by someone or other to be connected to a cartoon monkey
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Jan 3, 2022 12:56
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OwlFancier posted:If all the teslas in the world went on fire at once do u think that would be a net reducation in co2 emissions No, because their owners are all idiots who will instantly replace them with an even bigger waste of aluminium, lithium and unrecyclable plastic shipped all around the world to save pennies on tax and labour costs.
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Jan 3, 2022 13:02
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Ultimately the capacity for computational energy consumption is limited by the hardware available to the industry, and the application which runs the hardware continuously at near maximum output will always be a larger consumer of energy per hardware unit than an application that runs each unit for smaller sessions and at a variable percentage of the unit's power during a session. It means the sum of gaming being potentially as large or larger than bitcoin is inherently due to the sheer scale of the uptake on video gaming when compared with bitcoin. In other words, each KWh given to video gaming inherently benefits significantly more people than one used in bitcoin mining and transactions. E: (for actual numbers there's about 80 million unique Bitcoin wallets and 1.7 Billion PC gamers.) But that's not how it works anyway. The way it works is people trying to make money have found a way to con idiots and that may or may not involve vast energy consumption as a side effect. Just like Tesla, it's all about creating hype and selling an overpriced piece of poo poo to smoothbrains who'll get all hyped about "the future". Azza Bamboo fucked around with this message at 13:12 on Jan 3, 2022 |
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Jan 3, 2022 13:02
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https://twitter.com/JamieRussell_74/status/1477648811669561347
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Jan 3, 2022 13:07
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The Perfect Element posted:Conversation has moved on a bit, but does anyone have a good article which takes dissects crypto and explains why it's awful? I've hated it from the start, originally just cos it appealed to so many wankers, and later because I learnt about the environmental cost, but now I have a few mates who are into it, and other than 'but but but it's exploitative' I can't articulate why I find it so gross. I read this recently which covers most of it: https://www.amazon.co.uk/Attack-50-Foot-Blockchain-Contracts-ebook/dp/B073CPP581 It is slightly out of date, given it was written a few years ago, and the space moves pretty fast, but it pretty clearly lays out why pretty much all of it is a scam. edit: Darth Walrus posted:Read Attack of the Fifty Foot Blockchain, if you don't mind shelling out a little cash for an ebook. It's by a goon, and it's very good. beaten
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Jan 3, 2022 13:10
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I just want a new graphics card. I hate those cunts so much.
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