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About literally everyone into NFTs turned out to have extremely poor understanding of... the whole concept of ownership, along with pretty much everything else involved.
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# ? Nov 24, 2022 17:08 |
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# ? May 29, 2024 19:19 |
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Haha yes, the copyright stuff they made incredibly complicated was one of the most hosed up things. The concept was a bit like: "you have copyright"....so long as you hold the NFT. Which causes a bunch of issues because copyright isn't meant to work that way. Such as how Seth Rogan tried to make a TV show off an NFT that he later lost and had to recover, because without it...his entire TV show would have been blatant copyright infringement. As a proposition instead (or to make things dumber), they come up with the idea of "NFT's that can't be transferred from the wallet they're in". Which means a: you can't transfer it without transferring the entire wallet (and the password to said wallet can never be changed, so that's great for security ) and b: there's a lot of lingering questions in a scenario like that of who truly owns or controls what. If my password was abc123456 and I had a wallet somewhere, do I own it? Do you own it? Do we all own it? These are insanely stupid questions that nobody should ever have to even ponder, and yet here we are. Bitcoin: adding idiocy to things that don't need more.
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# ? Nov 24, 2022 18:44 |
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notwithoutmyanus posted:Haha yes, the copyright stuff they made incredibly complicated was one of the most hosed up things. The concept was a bit like: "you have copyright"....so long as you hold the NFT. Which causes a bunch of issues because copyright isn't meant to work that way. Such as how Seth Rogan tried to make a TV show off an NFT that he later lost and had to recover, because without it...his entire TV show would have been blatant copyright infringement. to be honest he was most likely high
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# ? Nov 24, 2022 18:47 |
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I think it was one of the other seths
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# ? Nov 24, 2022 18:48 |
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the green one?
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# ? Nov 24, 2022 18:48 |
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that was Seth Green. extremely big difference between the two
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# ? Nov 24, 2022 18:49 |
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Yeah green was the nft one.
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# ? Nov 24, 2022 18:49 |
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joe rogan like weed not sure of if he likes crypto
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# ? Nov 24, 2022 18:51 |
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Seth Rogan also likes weed. He has a weed store iirc
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# ? Nov 24, 2022 18:52 |
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seth rogan, the horrible offspring of seth green and joe rogan
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# ? Nov 24, 2022 19:19 |
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Remember, he still is working on a NTF show, trailer here: https://www.youtube.com/watch?v=kHHT5iUeV8g RELEASE THE CRINGE SETH
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# ? Nov 24, 2022 19:46 |
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Chromatics posted:that was Seth Green. extremely big difference between the two 50kg give or take
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# ? Nov 24, 2022 20:11 |
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Boxturret posted:seth rogan, the horrible offspring of seth green and joe rogan Disturbing stuff
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# ? Nov 24, 2022 20:31 |
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happyhippy posted:Remember, he still is working on a NTF show, trailer here: I would watch that show
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# ? Nov 24, 2022 20:32 |
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how many of the NFTs in that show have rug pulled or crashed to zero since that clip was released
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# ? Nov 24, 2022 20:50 |
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As I recall, the way things shook out for the ugly monkey show is that him being hacked and having his ape stolen didn't really impact anything and he could have proceeded. But doing so would have required admitting that the whole "code is law" thing is bullshit, so in order to maintain the facade, he had to pay the ransom. As for the "soulbound wallet" thing, an important thing to remember about the "once it's in your wallet, it can't be removed" thing is that there is no way to decline having things put in your wallet. So if someone sends something that is, shall we say, rather upsetting and illegal to it? Well, sucks to be you, I guess.
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# ? Nov 24, 2022 20:51 |
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Yes, under relevant NY state law Seth Green never lost legal ownership of the NFT (to the extent anyone "owns" anything on the blockchain) because title was acquired fraudulently, and there's no "holder in due course" safe harbor for receiving stolen property. He could have litigated it and won handily, but the entire point of the NFT show is that this is a ReVolUtIoNaRY new form of property and breaking kayfabe would have utterly sunk the project. ...not that it's going anywhere anyway with the way NFTs have basically imploded, but still!
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# ? Nov 24, 2022 20:59 |
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happyhippy posted:Remember, he still is working on a NTF show, trailer here: thats just greg the bunny but worse
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# ? Nov 24, 2022 21:35 |
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Chromatics posted:that was Seth Green. extremely big difference between the two They're all so stupid I get them mixed up when not paying attention. Boxturret posted:seth rogan, the horrible offspring of seth green and joe rogan That's Musk.
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# ? Nov 24, 2022 22:48 |
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Just so everyone understands, Bitcoin isn't "financial software", it's a scam perpetuated by people high on their own farts. I mean, seriously, just look at it. The stupidity is both rank and obvious, and at this point the misc is speeding up and there aren't many chairs left. The only winning position with crypto is to stay the gently caress away from it. (USER WAS PUT ON PROBATION FOR THIS POST) (USER WAS PERMABANNED FOR THIS POST) Somebody fucked around with this message at 03:41 on Nov 25, 2022 |
# ? Nov 25, 2022 01:23 |
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BitcoinIsSovereign posted:Just so everyone understands, Bitcoin isn't "financial software", it's capital-M Money. Those who fail to comprehend this fundamental truth are technological dunces who will inevitably end up among the biggest losers in this digital gold rush by showing up late to the game, despite being given every advantage as terminally online forums posters. comprehend this: shut up bitch
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# ? Nov 25, 2022 01:26 |
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BitcoinIsSovereign posted:Just so everyone understands, Bitcoin isn't "financial software", it's capital-M Money. Those who fail to comprehend this fundamental truth are technological dunces who will inevitably end up among the biggest losers in this digital gold rush by showing up late to the game, despite being given every advantage as terminally online forums posters. It is not, nor has it ever been money. all crypto currency will always be nothing but magical thinking.
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# ? Nov 25, 2022 01:30 |
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BitcoinIsSovereign posted:Just so everyone understands, Bitcoin isn't "financial software", it's capital-M Money. Those who fail to comprehend this fundamental truth are technological dunces who will inevitably end up among the biggest losers in this digital gold rush by showing up late to the game, despite being given every advantage as terminally online forums posters. Tell me, did you purchase your account with Bitcoin or Fiat?
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# ? Nov 25, 2022 01:30 |
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Just a heads up, in keeping with tradition I'm going to edit that post once I have it 100% established it's Seraph.
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# ? Nov 25, 2022 01:34 |
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Im a stupid freak for a lot of things but i thank my stars bitcoin is not one of them.
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# ? Nov 25, 2022 01:35 |
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You'd think that "this unbacked security that has lost three quarters of its value of the last year and is still going down and no merchant actually takes" would be enough to get people off that particular train, but I guess I am not a galaxy-brained money genius.
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# ? Nov 25, 2022 01:45 |
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BitcoinIsSovereign posted:Just so everyone understands, Bitcoin isn't "financial software", it's capital-M Money. Those who fail to comprehend this fundamental truth are technological dunces who will inevitably end up among the biggest losers in this digital gold rush by showing up late to the game, despite being given every advantage as terminally online forums posters. The pattern has repeated itself more times than you can fathom. Digital currencies rise, evolve, advance. And at the apex of their glory, they are rugpulled.
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# ? Nov 25, 2022 01:46 |
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Bitcoin is Capital M-Money No it can't function as a currency, why do you ask?
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# ? Nov 25, 2022 01:47 |
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Any day now!
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# ? Nov 25, 2022 02:23 |
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Capital P-p-p-PowerBook!
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# ? Nov 25, 2022 03:08 |
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Macy's had an NFT ad thing during the parade leading me to believe I can own a digital balloon and gave airtime to a clip of the Macy's parade in the metaverse with as many as 12 polygons per float. Macy's is a very well to do company that is not having trouble finding a niche in the 21st century retail market so I don't know how it couldn't go to the moon now.
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# ? Nov 25, 2022 03:21 |
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My Beanie Babies will be worth a fortune, just you wait!
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# ? Nov 25, 2022 05:36 |
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Lol, they manged to make another comedy without any jokes. It feels like everyone involved knew how terrible it was and were just half rear end'ing it.
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# ? Nov 25, 2022 05:49 |
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syntaxfunction posted:My Beanie Babies will be worth a fortune, just you wait! I just sold one for $11,000 the other day! only have 2 more of my super rare valuable ones in stock! Set to sell them this very afternoon, but do you know what, cos I like you all I can even give you a discount $10,995, but need to decide in the next 1hr!!! also what's a beanie baby again? ah don't worry I'll just google it.
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# ? Nov 25, 2022 05:52 |
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happyhippy posted:Remember, he still is working on a NTF show, trailer here:
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# ? Nov 25, 2022 05:57 |
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davecrazy posted:So Aparently GameStop opened some Wallet website to store crypto and NFTs and the super stonk morons think this is the 2nd coming and prelude to the moon event.
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# ? Nov 25, 2022 06:39 |
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Binance seems to be in trouble too.. maybe. But LOL if you give them money https://twitter.com/Bitfinexed/status/1595696710717739010 https://www.coindesk.com/business/2022/11/24/binance-targets-1b-recovery-fund-for-distressed-crypto-assets-bloomberg/ quote:Binance is targeting $1 billion or more for a previously announced recovery fund to buy distressed crypto assets, CEO Changpeng "CZ" Zhao said in an interview with Bloomberg Television on Thursday. Amazon is going to do a FTX Miniseries https://www.theverge.com/2022/11/23/23475998/amazon-ftx-show-sam-bankman-fried quote:Anthony and Joe Russo’s AGBO production company is attached to produce the show, and the brothers are reportedly considering coming on to direct multiple episodes. Variety reports that Amazon has tapped Invasion co-creator Dave Weil to executive produce the currently unnamed eight episode miniseries that details how Bankman-Fried co-founded FTX, and went on to lead the company to a liquidity crisis that ultimately resulted in his being ousted.
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# ? Nov 25, 2022 08:05 |
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wait so both binance and ftx need exactly one billion dollars? odd coincidence
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# ? Nov 25, 2022 08:18 |
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Isn't binance way bigger than ftx? Be a big deal if they go down
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# ? Nov 25, 2022 08:50 |
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# ? May 29, 2024 19:19 |
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EoinCannon posted:Isn't binance way bigger than ftx? only thing bigger i can think of would be tether breaking
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# ? Nov 25, 2022 08:53 |