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They don't have a way to do this or an explanation of how the block chain would be a better implementation than any other way, they're just asking questions. Nice, harmless questions, like "do you know a way to get a thousand dollars right now," and "what if you could be the one in charge?" Always the promise of a better tomorrow and the solution to your problems (or at least someone to blame them on), never a plan to build it that holds up to the slightest scrutiny. Getting you to dream your own dream means you have to kill that dream if you say no to the crypto. You don't even have to change anything to get there! But they do need that grand first.
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Jul 25, 2022 11:21
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just write your weirdo harry/dobby stuff don't bring finance into it
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Jul 25, 2022 11:28
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Deep Glove Bruno posted:just write your weirdo harry/dobby stuff don't bring finance into it If you own controlling shares in the book itself, you don't have to do the grunt work. You get to make the author write your ideas. Everyone knows Pride and Prejudice and Zombies, the literary world's most popular zombie mod. But how much better would it be if the original creator was involved? I think Jonathan Strange & Mr Norrell would be a whole lot more interesting if Orcs invaded, but Susanna Clarke refuses to do that.
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Jul 25, 2022 12:00
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Deep Glove Bruno posted:just write your weirdo harry/dobby stuff don't bring finance into it But how else will the rest of my fanfic subreddit know that I’m a big time money guy on the way to the moon?
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Jul 25, 2022 12:34
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It’s royalties and copyright. They’ve reinvented royalties and copyright, but with the blockchain. If you wanted to set up this bizarre form of ownership and rent seeking, you could do it with regular contracts. Again this is not a scenario where the blockchain is even needed.
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Jul 25, 2022 12:35
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Me, as I walk away from a presentation on how you too can make money by being an early adopter of a brand new urban fantasy detective series, if you just make all of your friends and family read it: "And when everything is a Ponzi scheme, nothing will be."
Blurry Gray Thing fucked around with this message at 13:23 on Jul 25, 2022 |
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Jul 25, 2022 12:39
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Why buy a book for $8 from Amazon if the floor price is $760? Stupid plebs. I'm going to be a billionaire investing in this Larry Potters book!
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Jul 25, 2022 13:00
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you can tell this was written by a coiner because they've clearly never read any sort of book themselves in their life
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Jul 25, 2022 13:07
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In this system are libraries the equivalent of right clicking an NFT?
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Jul 25, 2022 13:09
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Zathril posted:In this system are libraries Let me stop you right there
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Jul 25, 2022 13:36
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Imagine there no blockchain It's easy if you try I lost my life savings investing in Elon Lennon And now I want to die
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Jul 25, 2022 13:40
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Please don't sing that verse at my wedding.
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Jul 25, 2022 14:15
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Cantorsdust posted:It’s royalties and copyright. They’ve reinvented royalties and copyright, but with the blockchain. If you wanted to set up this bizarre form of ownership and rent seeking, you could do it with regular contracts. Again this is not a scenario where the blockchain is even needed. I'm gonna blow their mind by telling them how they can have part ownership in the Mickey Mouse IP.
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Jul 25, 2022 14:25
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Fight club, but you own part of it! ONE OF US ONE OF US ONE OF US Anyway, it's worthless now and all your book rugs got pulled too.
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Jul 25, 2022 14:39
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Agents are GO! posted:A lotta y'all coiners still don't get it, your mom can slurp the same ape multiple times, because she's insatiable. My kinda lady, anybody got his mom’s number?
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Jul 25, 2022 14:48
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Why is The Shaggs trading so high right now?
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Jul 25, 2022 14:48
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This is incredible. They're smashing two things together: turning authorship into a stock market(????????) and crypto technology and trying to argue that these two concepts are inseparable. Taking the crypto out of it just lays bare what an absurd idea it actually is. "Investing" in a book and having it pay out if it becomes a runaway hit. Nevermind the fact that barely a fraction of a percent of all books published makes anything at all, and smaller still become hits. God. These idiots have never been to a book fair and observed who really is buying the majority of books.
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Jul 25, 2022 15:52
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*at work, sees a new Microsoft feature, takes a look* What the gently caress is this ION bullshit: https://docs.microsoft.com/en-us/azure/active-directory/verifiable-credentials/decentralized-identifier-overview "Libraries include creating a new DID, generating keys and anchoring your DID on the Bitcoin blockchain." what the gently caress what in the actual gently caress, microsoft
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Jul 25, 2022 16:11
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Also 'Often referred to as “the web version 3.0” or “web3” (the internet being “web2”)' That article is written by the person its interviewing. Not a single dissenting voice (although it's so fricking long I gave up). Journalism this dead is embarrassing.
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Jul 25, 2022 16:13
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SettingSun posted:This is incredible. They're smashing two things together: turning authorship into a stock market(????????) and crypto technology and trying to argue that these two concepts are inseparable. Taking the crypto out of it just lays bare what an absurd idea it actually is. "Investing" in a book and having it pay out if it becomes a runaway hit. Nevermind the fact that barely a fraction of a percent of all books published makes anything at all, and smaller still become hits. God. These idiots have never been to a book fair and observed who really is buying the majority of books. "Suddenly a Trip to Barnes & Noble becomes an investment opportunity", loving LOL. Even if this goofy literary investment scheme somehow worked, in what universe would your research start by browsing a store whose business strategy depends on already selling mass popular books? The "investment" value is already priced-in, just look at the sticker on the back of the jacket. God, this is lazy.
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Jul 25, 2022 16:22
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Betjeman posted:Also 'Often referred to as “the web version 3.0” or “web3” (the internet being “web2”)' If one more crypto bro links an obviously biased blogpost-level "source" I'm probably going to have that aneurysm that I'm probably well overdue for by now.
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Jul 25, 2022 16:23
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tehinternet posted:*at work, sees a new Microsoft feature, takes a look* LOL, getting fired but you can't update the DID blockchain so you're still able to get into buildings forever.
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Jul 25, 2022 16:24
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Well folks, time to close the thread. There's not one, but thirty five very good web3 ideas here (copied for your reading pleasure from twitter)quote:
just kidding, these are all terrible
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Jul 25, 2022 16:27
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All of those are fascinatingly stupid, but that first one and how little this person understands the scale of logistics just baffles me. Bitcoin and crypto: It's all poo poo. All the way down.
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Jul 25, 2022 16:33
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divabot posted:you can tell this was written by a coiner because they've clearly never read any sort of book themselves in their life they might have
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Jul 25, 2022 16:35
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Shmtur posted:All of those are fascinatingly stupid, but that first one and how little this person understands the scale of logistics just baffles me. um, i think youll find that "decentralize" is a synonym for "improve"
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Jul 25, 2022 16:35
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I, too, want a miniature Amazon warehouse in my backyard. My own "Slice of Paradise" if you will.
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Jul 25, 2022 16:37
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The logic behind all of these is just literally "can you represent something as an object in a programming language? Okay then it's a token on a blockchain".
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Jul 25, 2022 16:38
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Cantorsdust posted:It’s royalties and copyright. They’ve reinvented royalties and copyright, but with the blockchain. If you wanted to set up this bizarre form of ownership and rent seeking, you could do it with regular contracts. Again this is not a scenario where the blockchain is even needed. well, in addition to reinventing royalties and copyright, but worse, they also reinvented "corporate stock", but worse. we know this because the goddamn opening paragraph literally says what if "buy stock", then describes the centuries-old concept of stocks, but on the blockchain for some reason
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Jul 25, 2022 16:39
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Noun = token Verb = start contract Okay I'm ready to analyze every business practice ever invented.
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Jul 25, 2022 16:41
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i really dont understand why even these crypto psychos want bitcoin to infest every single aspect of their lives
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Jul 25, 2022 16:42
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Zokari posted:i really dont understand why even these crypto psychos want bitcoin to infest every single aspect of their lives The more bitcoins there are, the more suckers buy in below me on the pyramid, the more money I personally stand to make
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Jul 25, 2022 16:43
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Put all my money on the stockchain, wiped out on block Tuesday.
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Jul 25, 2022 16:45
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because their real lives suck and they want this ONE WEIRD TRICK to make it better. also some of them are stupid and/or have gambling addictions.
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Jul 25, 2022 16:47
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"Users earn $TOKEN for [whatever]." And yet they never answer (or rather, never questioned on) why they could not just be paid in dollars.
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Jul 25, 2022 16:54
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Salt Fish posted:The logic behind all of these is just literally "can you represent something as an object in a programming language? Okay then it's a token on a blockchain". It's the gamification of every single tangible object or intangible concept. Bitcoin panders to idiots.
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Jul 25, 2022 16:55
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SettingSun posted:"Users earn $TOKEN for [whatever]." And yet they never answer (or rather, never questioned on) why they could not just be paid in dollars. If the inventor had a bunch of dollars it would use them.
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Jul 25, 2022 16:56
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drk posted:Well folks, time to close the thread. There's not one, but thirty five very good web3 ideas here (copied for your reading pleasure from twitter) The incredible stupidity of #1 aside, like a solid 60% of those are just "what if customer rewards/referral bonuses, but ON THE BLOCKCHAIN????"
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Jul 25, 2022 16:57
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what if buy 10 sandwiches get 1 free, but on the blockchain
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Jul 25, 2022 16:58
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SettingSun posted:This is incredible. They're smashing two things together: turning authorship into a stock market(????????) and crypto technology and trying to argue that these two concepts are inseparable. Taking the crypto out of it just lays bare what an absurd idea it actually is. "Investing" in a book and having it pay out if it becomes a runaway hit. Nevermind the fact that barely a fraction of a percent of all books published makes anything at all, and smaller still become hits. God. These idiots have never been to a book fair and observed who really is buying the majority of books. yeah, putting "blockchain" on this is just layering a shiny form of stupid on top of a more complex form of stupid, to distract from how stupid the whole question is. setting aside the social problems with encouraging this insane cargo-cultish mapping of market economics onto the creative act of writing, the technical problem with turning books from unknown authors into securities is in identifying which one might be a good investment, not in creating a legal vehicle for investment. Intellectual property rights for brand-new creative works from unknown authors are purely speculative investments. The reason people don't securitize these things is because history shows that a marketplace for such things would be indistinguishable from gambling and rife with scams, and there's a bunch of securities laws in place to discourage it for that reason. Now, if you've already got some form of IP that has established popularity and a track-record of being monetized, feel free to shove that in a corporation and put those securities up for sale, you don't need any "blockchain" poo poo. If you would like to invest in something that lets you take a cut of the revenues generated by Mickey Mouse, Luke Skywalker, and Captain America, shares of DIS are available for purchase with the help of a variety of brokerage services. Zokari posted:i really dont understand why even these crypto psychos want bitcoin to infest every single aspect of their lives
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Jul 25, 2022 17:00
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