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PhazonLink posted:i dont understand, i thought the new dumbass was just minting album art or whatever related art, theyre also stealing and minting music? They're not minting anything. It's literally just procedurally generated pages based off some 3rd party music catalog service and you buy the "NFTs" with your credit card aka they don't even exist on a blockchain.
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Feb 2, 2022 04:50
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Barreft posted:Greed is great Log posted:It's better than bad, it's good!
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Feb 2, 2022 04:50
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You gotta squeeze the poo poo out of this stone before it's regulated. And lo and behold there's infinite dumbass stones to squeeze.
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Feb 2, 2022 04:54
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  I mean obviously its still a scam either way, but definitely they just steal your card details. The funniest part about crypto is that every crypto idea is better if you just remove the blockchain from it, including the scams.
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Feb 2, 2022 05:03
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If you steal a credit card and use it that's definitely illegal and you can be prosecuted. Stealing an NFT/Bitcoin is probably not illegal because they don't exist and are, actually, nothing.
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Feb 2, 2022 05:05
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jokes posted:If you steal a credit card and use it that's definitely illegal and you can be prosecuted. Stealing an NFT/Bitcoin is probably not illegal because they don't exist and are, actually, nothing. Thinking about all the times I've read about people calling the police after getting robbed/scammed out of video game items.
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Feb 2, 2022 05:07
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jokes posted:If you steal a credit card and use it that's definitely illegal and you can be prosecuted. Stealing an NFT/Bitcoin is probably not illegal because they don't exist and are, actually, nothing. Let them steal everything from these idiots, at this point I really don't care.
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Feb 2, 2022 05:08
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The scams make crypto look bad which is good. Because it is bad, because of the scams.
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Feb 2, 2022 05:19
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Salt Fish posted:
Is it even a scam? Looking at the site, they are just linking to the Spotify CDN for the image and they really aren't selling you anything? I'm not saying it isn't unethical as gently caress, but they are basically just selling data that was made public, I don't know what the crime is here besides the buyer being an idiot.
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Feb 2, 2022 05:21
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What is this insane bullshit by Fidelity 
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Feb 2, 2022 05:32
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Hello Sailor posted:You're honestly not sure about that? Pick the hellworld option: it uses all its info on you, all the time, and "forgets" you're not interested in alt-right gateway videos about once a week. Look, I'm sure they're tracking and storing everything they can, but there's definitely some difference in the way the search results are personalised, because I can see with my own eyes that the front page of youtube is full of nothing I've ever clicked on (Mr Beast, pop videos, random viral tiktoks) and searching for "NFT" in private and Non-private gives me different results . I'm using firefox with privacy badger, ublock origin and ghostery. So maybe that helps. DerekSmartymans posted:Absolutely, and I have done the same! I'm not even Catholic, and have a bit of trouble with the veneration of relics like that (imo seems awful close to worship of an idol, which I understand the apologetics surrounding them, but I'm much too Southern Protestant to fully believe!). I am still respectful, just as I was when my sister converted to Catholicism for her husband, and I wouldn't bring bacon into a temple or mosque. I have some thirty-ish year old pictures of theCin Kawasaki from 1989 and I didn't flay the heathens there, either (got super drunk with my Steel Penis cup, which was wild 'cause I was 14 and in public I don't see them as any different to crosses really, imbuing them with magical powers is a bit iffy though. It's more interesting that apart from the dried up corpses they're all fakes! Holy relics are like NFTs and churches are like the blockchain in that they are immutable...until there is a disagreement and a large segment decide to fork. Come to think of it, it all maps onto Christian religion quite well. Satoshi is Jesus bringing the word to the people. The early adopters are your St Peters and Pauls. Bitcoin is the Catholic Church, Bitcoin cash is the Cathars. Vitalik Buterin is Martin Luther and Ethereum is protestantism which of course lead to a great multiplication of shitcoins (no offence) Anglicans, Lutherans, Methodism, evangelicals etc. NFTs are prosperity gospel. Which I guess means Tether is the Beast.
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Feb 2, 2022 05:33
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). The souvenirs vendors were proto-NFT marketers, I guess, but they kept my phallic cup full all loving day and I would visit a penisnft event with an open bar these days!
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It's hard not to wonder if that Hitpiece thing isn't performance art or something along those lines. "Hit piece" seems like an awfully on-the-nose name. https://idioms.thefreedictionary.com/hit-piece https://www.oxfordlearnersdictionaries.com/us/definition/english/hit-piece It also looks like their website is barely functioning at this point, and popping up a lot of 504s.
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Feb 2, 2022 05:33
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orange sky posted:What is this insane bullshit by Fidelity Awful lot of minuses for fiat currency-- if it's so terrible maybe they should give me all their fiat currency
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Feb 2, 2022 05:37
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orange sky posted:What is this insane bullshit by Fidelity they should lose their license to do whatever. jesus gently caress. e: also according to wikipedia. "Computing: 2.2×10−78913 is approximately equal to the smallest positive non-zero value that can be represented by an octuple-precision IEEE floating-point value." sounds like butts can have way way more than 8 decimal places? PhazonLink fucked around with this message at 05:46 on Feb 2, 2022 |
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Feb 2, 2022 05:43
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Guys crypto is very scarce. Thats why you have to get in on the ground floor of “baby elon doge coin.” Or maybe you want to join in on the OG bitcoin and get rug pulled. “Who Are the Bitcoin Billionaires? If you include Satoshi Nakamoto, there are currently four addresses which hold enough Bitcoin for their owners to be considered Bitcoin billionaires. With more than 1,000,000 BTC, Nakamoto — who may be an individual or a group — owns more Bitcoin than any other entity. The four remaining billionaires are estimated to hold around 672,000 BTC altogether. Each individual address is comprised of more than 100,000 BTC and up to over 250,000 BTC. These addresses are mainly located at two crypto exchanges (Bitfinex and Binance), with the third and fourth at an unknown location.” Yes, it really is that stupid.
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Feb 2, 2022 05:44
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jokes posted:Awful lot of minuses for fiat currency-- if it's so terrible maybe they should give me all their fiat currency thats kind of the point, they DONT have any fiat currency. so the only things they can actually buy are bootleg russian drugs, fbi agents posing as professional assassins, and more bit coin
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Feb 2, 2022 05:46
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Salt Fish posted:
These dudes were posting photos of themselves at a basketball game tonight. Not the smartest idea to do whenever you’re likely to be in jail for fraud.
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Feb 2, 2022 06:00
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https://twitter.com/jasonschreier/status/1488642940608172040
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Feb 2, 2022 06:12
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PhazonLink posted:they should lose their license to do whatever. Bitcoin might be stupid, but even that is not stupid enough to use floating point values to do math operations on "currency".
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Feb 2, 2022 06:13
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Aramis posted:Bitcoin might be stupid, but even that is not stupid enough to use floating point values to do math operations on "currency". Yeah, all values in bitcoin are 64 bit integers, where the «satoshi» is the smallest value and 1 BTC = 100000000 satoshis Of course, there have been some exchanges that did use floats in their systems
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Feb 2, 2022 06:23
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It would seem Eddie Van Halen’s son got targeted by Hitpiece. He’s almost certainly got a lawyer on the case unlike many of the smaller artists who can’t afford them. https://twitter.com/wolfvanhalen/status/1488689112076804096?s=21
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Feb 2, 2022 07:02
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orange sky posted:What is this insane bullshit by Fidelity lol it doesnt actually explain what fungible means
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Feb 2, 2022 07:50
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orange sky posted:What is this insane bullshit by Fidelity ugh i hate wordle so much
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Feb 2, 2022 07:54
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so us dollar, very non-fungible..? make an NFT of the dollar?
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Feb 2, 2022 08:03
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Next time I'm asked to pony up change I'll casually remind the business owner that actually dollars aren't fungible
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Feb 2, 2022 08:05
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wait holy gently caress what are they even smoking
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Feb 2, 2022 08:07
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money has a terrible track record. We've only been using money since 700 bc in some way or another. That's way worse than bitcoin.
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Feb 2, 2022 08:11
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Darth TNT posted:money has a terrible track record. We've only been using money since 700 bc in some way or another. That's way worse than bitcoin. "I would like 1 big mac, here is a tiny little sliver of gold." Yes, very proven.
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Feb 2, 2022 08:34
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Doesn’t fungible mean “can be exchanged for stuff?” Surely that description applies to…..MONEY?
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Feb 2, 2022 08:43
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Gutcruncher posted:Doesn’t fungible mean “can be exchanged for stuff?” Surely that description applies to…..MONEY? Dont be ridiculous, you cant exchange US dollars for Canadian dollars it says so right there.
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Feb 2, 2022 08:49
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Gutcruncher posted:Doesn’t fungible mean “can be exchanged for stuff?” Surely that description applies to…..MONEY? Fungible means that they're goods that are mutually interchangeable with no material difference between them. "Non-fungible" basically means unique. Money is fungible because if I give you £10 and you give me £10 we're back where we started.
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Feb 2, 2022 09:01
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That is part of an entire report "Fidelity Digital Assets" did on Bitcoin, to experience it in full you can download it here: https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-first.pdf  I feel like they could have put this in another format, like a pyramid or something....
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Feb 2, 2022 09:06
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Does the serialization of bills give a type.of non-fungibility to cash? Like how you can track certain lots?
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Feb 2, 2022 09:06
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To an extent, yeah - cash isn't fully fungible, at the most extreme examples you've got the petty dipshits who pay parking fines entirely in pennies, which is clearly not the same as paying in notes or a cheque or whatever. But for the overwhelming majority of purposes money (especially electronic transfers) is fungible. The deposit of my wages into my bank account, the £20 I get out of a cash point and the £10 I get as change after buying something with that £20 are all "different" money but fungibility means I can treat it all as interchangeable.
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Feb 2, 2022 09:15
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I just thought up "21st Century Bitcoin Man". But before I could start writing lyrics I googled it up and a song by that name came out last year.
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Feb 2, 2022 09:20
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orange sky posted:That is part of an entire report "Fidelity Digital Assets" did on Bitcoin, to experience it in full you can download it here:  can't happen soon enough.
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Feb 2, 2022 09:26
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Illuminti posted:I've just had an amazing idea about Holy Relic NFTs. Combining the religious grift with the crypto scam. I'm going to be a billionaire. Destroy each 'relic' after you make an NFT of it. Win-win.
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Feb 2, 2022 10:19
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So by NFT standards bank notes are NFTs since they have unique serial numbers?
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Feb 2, 2022 10:23
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All my apes gone
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Feb 2, 2022 10:27
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Senor Tron posted:So by NFT standards bank notes are NFTs since they have unique serial numbers?
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Feb 2, 2022 12:16
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