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VitalSigns posted:They really want to live in a cyberpunk dystopia where everything is an asset owned by some corporation and someone pops up to charge you a nickel every time you take a breath. I think, very charitably, that the idea works the other way around. Imagine a city where a bunch of people have opted-in to donate a certain amount of money for the sake of planting trees. By planting a tree with this, you get to provide the service people want, trees getting planted, in exchange for a cut of the donated money. All this without needing any managing organization (appart from themselves of course, which immediately defeats the stated benefit). Where this becomes even further stupid is that I can't imagine a way to prevent people from setting up tree-less beacons to collect money without having to do any of the work. Well, it's also stupid because it assumes that this would be more efficient than a simple non-profit that collects donation and plants trees.
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# ? Sep 7, 2023 15:40 |
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# ? May 29, 2024 16:33 |
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OneEightHundred posted:The idea of a digital collectible isn't really any worse than any other kind of collectible, but like most things, it would be flat-out 100% improved by not being on a blockchain. Physical collectibles, even ones designed to be so at birth, are limited by the physical world. Nobody is going to fire up the Beanie Baby factory again. But digital collectible scarcity is entirely contrived. The only reason you can't have infinite WoW mounts is because Blizzard says so. The only type of digital collectible that makes sense is something like a collection of obscure video game roms, which can be satisfying to own, but still infinitely reproducible and freely shared.
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# ? Sep 7, 2023 15:41 |
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ponzicar posted:Physical collectibles, even ones designed to be so at birth, are limited by the physical world. Nobody is going to fire up the Beanie Baby factory again. But digital collectible scarcity is entirely contrived. The only reason you can't have infinite WoW mounts is because Blizzard says so. The only type of digital collectible that makes sense is something like a collection of obscure video game roms, which can be satisfying to own, but still infinitely reproducible and freely shared.
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# ? Sep 7, 2023 16:02 |
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Aramis posted:I think, very charitably, that the idea works the other way around. Reminds me vaugely of that libertarian paradise story where the guy wakes up in the morning and decides which sewer system to hook up to and poo poo like that.
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# ? Sep 7, 2023 16:29 |
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I think it was a bit before nfts but there was also a period where bitcoiners were getting excited about owning a colour, and then any time someone posted an image using that colour you got some money. Madness.
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# ? Sep 7, 2023 16:37 |
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Boxturret posted:I think it was a bit before nfts but there was also a period where bitcoiners were getting excited about owning a colour, and then any time someone posted an image using that colour you got some money. Madness. Yeah, VitalSigns wasn't wrong with "cyberpunk dystopia where everything is an asset owned by some corporation", it's just that some of the crypto folks envision themselves as the corporation.
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# ? Sep 7, 2023 17:03 |
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OneEightHundred posted:French-suited playing cards I have never heard this term before and now I want some of the other suited decks, especially Spanish Aramis posted:
As a member of my city's tree board this is basically what we do. We lost a lot of mature trees due to storms and the extreme heat this year so we're doing another tree seedling giveaway this fall to help people replace them. We're buying 1000 native trees from a local nursery with donated money from local businesses.
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# ? Sep 7, 2023 17:13 |
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vortmax posted:I have never heard this term before and now I want some of the other suited decks, especially Spanish My father had a deck for playing Skat that looks like it followed the French suits but used the German face card names
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# ? Sep 7, 2023 17:30 |
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Boxturret posted:I think it was a bit before nfts but there was also a period where bitcoiners were getting excited about owning a colour, and then any time someone posted an image using that colour you got some money. Madness. There are already a bunch of corporations that "own" various colors in the context of their industry. https://www.businessinsider.com/colors-that-are-trademarked-2012-9?op=1
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# ? Sep 7, 2023 17:46 |
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NFTers fundamentally don’t understand that ownership goes only as far as their capability to enforce it.
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# ? Sep 7, 2023 17:54 |
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It probably would have used smart contracts, then you just need every website on the internet to join up on this system where Jim from Bitcoin gets .00001 cents for every pixel of #bd174d in every image on the internet.
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# ? Sep 7, 2023 17:58 |
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The idea was that other NFT collections (e.g. rugfools) would opt-in to this in exchange for legitimacy and exposure. They thought they could reach a point where any color-centric NFT collection that doesn't participate in this would be considered "less valuable" than one that does. 1) FOMO-traumatized people would buy colors, partly because they would be fooled by the misleading marketing that implied a much larger scope. 2) These same people would then be incentivized to create opted-in color-centric NFT collections in order to increase the value of their color investment. 3) The more NFT collections do this, the more legitimate the whole scheme becomes 4) Virtuous cycle! Still absolutely loving stupid, but not quite as delusional as monetizing every picture on the internet. Aramis fucked around with this message at 18:12 on Sep 7, 2023 |
# ? Sep 7, 2023 18:07 |
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Neito posted:Reminds me vaugely of that libertarian paradise story where the guy wakes up in the morning and decides which sewer system to hook up to and poo poo like that. Not sure if it's this one, but this is a classic: https://www.newyorker.com/humor/daily-shouts/l-p-d-libertarian-police-department
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# ? Sep 7, 2023 18:15 |
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Sophy Wackles posted:There are already a bunch of corporations that "own" various colors in the context of their industry. What if vantablack, but you're not a chemist? Or in fact have no real marketable skills besides trawling through color spaces looking for neat colors. Now we're talking crypto.
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# ? Sep 7, 2023 18:24 |
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Bright Bart posted:What are the most ridiculous use cases for a coin? I think I've seen 'You can use XXX to speed up transfers of XXX, and also pay for for admission into a pool where you could win more XXX. These not only give XXX functionality other coins lack but "eats" the coin so you don't have to worry about endless inflation.'. women's health issues on the bockchain. the Dobbs leak, and then the actual deathblow had a bunch of stupid bros krammer into the issue and being smug. in fact really any real world issue. a bunch of stupid bros WILL krammer in and shout "buttcoin" like its a magic spell that makes badthing better. the Afghanistan withdraw, the texas freeze, wildfires.
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# ? Sep 7, 2023 18:27 |
Permanent immutable records of a health care decision a bunch of freaks want to ban? Great!!
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# ? Sep 7, 2023 18:34 |
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PhazonLink posted:women's health issues on the bockchain. the Dobbs leak, and then the actual deathblow had a bunch of stupid bros krammer into the issue and being smug. I could just see how lovely that could go:. "This months menstrual cycle nft hasn't been uploaded, you have 2 days to comply before we arrest you". People: do you even understand biological functions? It'll be the orb except women will be putting it in their vaginas.
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# ? Sep 7, 2023 18:52 |
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notwithoutmyanus posted:I could just see how lovely that could go:. "This months menstrual cycle nft hasn't been uploaded, you have 2 days to comply before we arrest you". lol you don't insert the orb, the orb absorbs you
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# ? Sep 7, 2023 18:58 |
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PhazonLink posted:a bunch of stupid bros WILL krammer in and shout "buttcoin" like its a magic spell that makes badthing better. the Afghanistan withdraw, the texas freeze, wildfires. I recall a proposed use case for blockchain to keep constant track of the temperature of some good or product that is spoiled if it ever reaches above some threshold temperature, which was countered by realizing that they already have the ability to keep track of this with a temperature-sensitive sticker that costs pennies.
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# ? Sep 7, 2023 19:00 |
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not to slightly derail into Musk. Muskrats would also say dumb poo poo like "lol musk should fly a rocket into the hurricane to stop it or dsetroy it." a child playing Pretend with anime or game moves/attacks is always cringe but kinda cute. a grown man thinking another man, a lumpy white 50 yearold south african Apartheid guy is a real life ironman rick is super cringe. also the fact that their mentality is in the form of two pop culture things is sad. yeah dude, youre a cultured renaissance Man
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# ? Sep 7, 2023 19:08 |
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Has anyone ever found a non-scam use for blockchain?
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# ? Sep 7, 2023 20:09 |
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Sophy Wackles posted:Has anyone ever found a non-scam use for blockchain? Of course, it's an extremely useful and promising technology, actually. The thing about any product, service, or person using or promoting a blockchain solution is that you don't have to do any work to verify the legitimacy of the product/service/person. As soon as they mention blockchain, you immediately know the whole thing is bullshit.
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# ? Sep 7, 2023 20:14 |
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notwithoutmyanus posted:It'll be the orb except women will be putting it in their vaginas. please, it’s called The Probe, and it's inserted into… another.. orifice. original idea do not steal.
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# ? Sep 7, 2023 20:20 |
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Sophy Wackles posted:Has anyone ever found a non-scam use for blockchain? Several otherwise failing power plants are now running at full capacity, and several novel uses for old tires have been devised, all thanks to blockchain!
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# ? Sep 7, 2023 20:34 |
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Sophy Wackles posted:Has anyone ever found a non-scam use for blockchain? Money laundering, just as long as you don't mind the money being either forever traceable to the illegal source or tainted by a tumbler. Works great for North Korea!
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# ? Sep 7, 2023 20:34 |
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Sophy Wackles posted:Has anyone ever found a non-scam use for blockchain?
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# ? Sep 7, 2023 20:45 |
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OneEightHundred posted:"Regulatory arbitrage" which mostly means "money laundering" but also means "making it difficult to legally define who is doing the crimes." bitcoin fixes this by making it so that everyone is doing crimes!
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# ? Sep 7, 2023 20:46 |
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Plan R posted:I don't know what this means but it seemed relevant -- I would suggest no longer trusting your instincts.
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# ? Sep 7, 2023 20:48 |
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Sophy Wackles posted:Has anyone ever found a non-scam use for blockchain? Some of the folks in my old research group were briefly trying to use it for some sort of proof of custodianship logs, and a few other things. I think we'll probably see some extremely boring uses for it crop up in the next 20 years.
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# ? Sep 7, 2023 21:25 |
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I was very bullish on it weaseling it's way into enterprise business to business not least of all because every cloud provider hit the point they were begging everyone "hey check out our Blockchain support." But that specific window basically closed when AI hit the news cycle. Especially considering you can just "turn on" a cloud service AI and get it to chatbot with a C suite rube but just "turning on" Blockchain in the cloud gets you a ledger that is actively hostile to most ways of doing business.
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# ? Sep 7, 2023 21:31 |
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cruft posted:Some of the folks in my old research group were briefly trying to use it for some sort of proof of custodianship logs, and a few other things. Can't all the clunkiness of "the blockchain" just be replaced by a spreadsheet shared on a torrent client in this regard?
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# ? Sep 7, 2023 21:31 |
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Dude already filled his kid's head with all sorts of nonsense about home ownership and paying for a vacation from savings. Tricking his kid into flushing his own money down the toilet to drive the point home feels pointlessly cruel.
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# ? Sep 7, 2023 21:54 |
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PurpleXVI posted:Can't all the clunkiness of "the blockchain" just be replaced by a spreadsheet shared on a torrent client in this regard? A Blockchain should not be peer to peer. The different entities engaged should feel free to integrate and host their own servers but that is purely out of a validation and replication need i.e. the easiest way to tell the ledger is fine is to run all the logic on the ledger and then keep the ledger if it's good like you're the server. A spreadsheet has no logic controlling who can interact with it when. A custodianship Blockchain could for example require info A and counter signatures 1&2 at step 1, require info A,B,C and counter signatures 2&3 at step 2, then require only info C and counter signatures 3&4 at step 3. If entity 4 has no need to know info A and B in earlier steps it can be encrypted while still allowing entity 4 to know the chain of transfer. You know what else does this? Any privilege based enterprise ledger. You know what stands up naturally without a gaggle of cryptography experts designing special key authority schemas? Any privilege based enterprise ledger. You know what requires barely breathing computer janitors to maintain instead of cryptography experts? Any privilege based enterprise ledger. There is some theoretical value in setting up a common ground ledger between absolutely oil-and-water competition hating entities. But the complex nature means you can still have bad actors working to get a one up over someone versus just petitioning ANSI for standard communication formats that don't involve cryptography brain meats melting out of your ears.
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# ? Sep 7, 2023 22:14 |
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I just don't understand when a decentralized ledger would ever be needed at all. Even if entities don't trust each other on ledger entries, there are things like audits, government regulation, etc. Or a trusted third party can host and manage the ledger.
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# ? Sep 7, 2023 22:31 |
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Sophy Wackles posted:I just don't understand when a decentralized ledger would ever be needed at all. Even if entities don't trust each other on ledger entries, there are things like audits, government regulation, etc. Or a trusted third party can host and manage the ledger. The problem with government regulation is that then someone might make you pay taxes. And yes, all crypto/blockchain solutions praise decentralization and then reinvent centralization badly anyway, so you do in fact end up with a "trusted" third party hosting things in most cases.
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# ? Sep 7, 2023 22:33 |
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Sophy Wackles posted:I just don't understand when a decentralized ledger would ever be needed at all. Even if entities don't trust each other on ledger entries, there are things like audits, government regulation, etc. Or a trusted third party can host and manage the ledger. The International Atomic Energy Agency, for instance, has no higher authority to appeal to. So member countries could, in theory, benefit from some of "nobody can agree on a central authority but we all want to assure certain things" technology. Whether blockchain is actually going to be the best solution remains to be seen. It's far from clear that it will. As you say, the current scheme of "everybody audits everybody" may ultimately prove to be a superior solution.
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# ? Sep 7, 2023 22:39 |
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cruft posted:Some of the folks in my old research group were briefly trying to use it for some sort of proof of custodianship logs, and a few other things. The problem is that blockchains never fix the hard part. They provide an immutable ledger, yes, and you can show it hasn't been tampered with. But they can never prove that the data entered into the ledger was valid to begin with. So every "trustless" blockchain project has to have some trusted entities to enter the data into the ledger and guess what, that's always where the fraud happens. Have you ever heard of a bank heist where they hack into the mainframe and move the money over to their account? No of course not. They work the entry points, that's how you fraudulently steal money.
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# ? Sep 7, 2023 22:44 |
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If bitcoin was bad, then that would mean that this massive tire burning plant I built is also bad, and that can't possibly be true.
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# ? Sep 7, 2023 22:45 |
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HappyHippo posted:The problem is that blockchains never fix the hard part. They provide an immutable ledger, yes, and you can show it hasn't been tampered with. But they can never prove that the data entered into the ledger was valid to begin with. So every "trustless" blockchain project has to have some trusted entities to enter the data into the ledger and guess what, that's always where the fraud happens. Someone didn't watch a little documentary called "Office Space".
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# ? Sep 7, 2023 22:52 |
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# ? May 29, 2024 16:33 |
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Sophy Wackles posted:I just don't understand when a decentralized ledger would ever be needed at all. Even if entities don't trust each other on ledger entries, there are things like audits, government regulation, etc. Or a trusted third party can host and manage the ledger. Imagine a parallel universe where concepts like "government" and "age of consent laws" were never invented and you'll understand The real answer is that blockchain wasn't designed to fulfill literally any use case other than digital currency, and the failed push to invent other uses only happened after it became obvious that bitcoin fundamentally does not work as a currency.
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# ? Sep 7, 2023 22:54 |