The most obvious stupid scam ever conceived and they actually managed to hook a bunch of actual corporations
Square Enix, Nickelodeon, Coke, KFC, and more fell for this shit while regular people were laughing about how obvious a con it was.
Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.
embarassingly naive. The only thing Blockchain technology is good at is fleecing people who still havn’t realized its a failed technology with no future beyond money laundering and scamming rubes
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20 quid on yes
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This is the most unbelievable thing I’ve heard in a while
They also drastically multiply the amount of wasted electricity and dump a lot more carbon. It’s a solution trying to make its own problem to solve that also burns the planet that much faster.
EDIT: NFTs are typically minted with Ethereum, which spends a lot of electricity already. If you want to dream up a magical version of a rent-seeking token that doesn’t do that, that’s cute, but it’s not what’s happening with rich techbros trying to get people to buy ledger spaces that are associated with ugly cartoons.
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There’s a difference between using electricity and using more electricity, especially a lot more.
EDIT: NFTs are typically minted with Ethereum, which spends a lot of electricity already. If you want to dream up a magical version of a rent-seeking token that doesn’t do that, that’s cute, but it’s not what’s happening with rich techbros trying to get people to buy ledger spaces that are associated with ugly cartoons.
I get that you want to pull a “how do you do, fellow leftists” and peddle internet funny money and/or rent-seeking magic ledger spaces here. It’s not cool. Stop it.
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nft aren’t actually pictures, they are a hyperlink to a picture that can be changed or removed at any time with no recourse
They are ledger spaces on a database that are often but not necessarily associated with pictures.
https://www.youtube.com/watch?v=XwMjPWOailQ
You’re a fucking clown, and the circus isn’t selling enough tickets for you to stay in town. Leave.
i’m stealing that line
that’s fucking beautifull
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You’re now playing the “NEW EXCITING GRIFT IS INEVITABLE YOU CAN’T STOP IT” card. Clowns like you were peddling real estate in Zucc’s Metaverse™® the same way.
At least start juggling or ride a unicycle while you’re here, clown.
https://www.wired.com/story/nfts-hot-effect-earth-climate/
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I linked that article as an example of the waste emitted from related processes.
I’m certain you’re being a bad faith peddler at this point, because again you’re sidestepping the energy costs of your magical world saving ledger position sales tokens.
For people watching this comment chain, this is a decent starter summary of the grift that the above grifter is trying to peddle here:
https://www.youtube.com/watch?v=XwMjPWOailQ
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The grift is okay because there are magical theoretical grifts that totally bypass those problems, pinkie promise, just around the corner as they always are.
My point is you’re a clown and peddling your rent-seeking bullshit here is disgusting.
Actually block chain powers the world’s best version control system used by millions of people, it was really revolutionary
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