Grauken
Gourd vibes only
- Joined
- Mar 22, 2013
- Messages
- 12,802
I need someone to explain succinctly what's NFT, I may have missed this meme
it's the latest method cryptobros use to convert their cryptomoney into real money by scamming idiots
I need someone to explain succinctly what's NFT, I may have missed this meme
imagine you have a marriage license, but you are a cuckoldI need someone to explain succinctly what's NFT, I may have missed this meme
imagine you have a marriage license, but you are a cuckoldI need someone to explain succinctly what's NFT, I may have missed this meme
that is an NFT
Why do crypto-morons all act like they belong to a cult?
Because they constantly need new members who are dumb enough to believe that their bytes stored on the blockchain have any value. The moment everyone tries to cash out at the same time the whole system will crash and burn so they need to keep the scam running.
Get a load of this absolute goof. Sure you can opt out, then you'll be in the same pickle as that ancient grandmother that can't pay her own bills because she's not hooked up to the internet. This is what you sad losers don't understand, you will either accept the new deal or you'll go back to sending messages by smoke signals. The terms are that you either go along and accept NFTs or get kicked out of modern civilization and are sent back to the stone age. Have fun banging rocks together to start up your heating system while I enjoy the climate controlled environment of a private interstellar spaceship fueled by fusion reactors.What you describe, is not something any of us will participate in. It is too far, and the line you want to cross is sanity.
They can make this push. I will not participate in that economy, and since I'm increasingly not participating in the "real" economy anyways, this is just a further push in the direction I'm already inclined to.
Go ahead punk. I'll mint it as an NFT and make a tidy profit off of it.Can we get some sort of cryptobro tag for Drop Bear?
Where are you going to get that EMP from huh? HUH? You'll be sitting on your stockpile of canned tuna while I press a button between mouthfuls of McFilet Mignon in space to launch Tesla patented kinetic spears down onto your exact location based on the geodata delivered by Alphabet.One EMP and you will polish my shoes with your nose begging me for some of my canned food.If you think that's real money you have in your human leather wallet that you can use however you want in the slums then you'll be surprised when I pay off Monsanto with my dogecoin gains to retire their copyrighted cereal grain that happens to be your favorite and replace it with the droppings of GMO rats. Then I'll bribe your water ration officer to exclude you from the state mandated weekly pint while I toast with Elon on Mars.I wish you luck with your imaginary quintillions, I prefer real money
You are right. What you miss is that digital right management is a mess and it's always tied to particular systems and services. NFTs or something like it could form the basis of a more widely accepted and more universal system for digital right management. A standardized way of digital goods ownership.Digital ownership already exists. It's called copyright law and contract law.
Damn straight. Gamers thought that DLC would never take off and look at where we are. If gamers are against something you know it's the ticket to becoming filthy rich and a winning bet.Crypto ppl love it, and crypto companies are pouring billions into it. Gamers generally hate it and complain about it.
I've seen this fight before. Won't be a surprise to see who wins this one, for better or worse.
It's like gamer girl pee because it's going to be worth a fortune despite protests that it shouldn't be.It's like gamer girl pee, but 250% more disgusting.I need someone to explain succinctly what's NFT, I may have missed this meme
You are right. What you miss is that digital right management is a mess and it's always tied to particular systems and services. NFTs or something like it could form the basis of a more widely accepted and more universal system for digital right management. A standardized way of digital goods ownership.
No.You mean like the courts of the land and international treaties?
Oh yeah! The crypto king is back, time to verbally slap some snot nosed brats.
Get a load of this absolute goof. Sure you can opt out, then you'll be in the same pickle as that ancient grandmother that can't pay her own bills because she's not hooked up to the internet. This is what you sad losers don't understand, you will either accept the new deal or you'll go back to sending messages by smoke signals. The terms are that you either go along and accept NFTs or get kicked out of modern civilization and are sent back to the stone age. Have fun banging rocks together to start up your heating system while I enjoy the climate controlled environment of a private interstellar spaceship fueled by fusion reactors.What you describe, is not something any of us will participate in. It is too far, and the line you want to cross is sanity.
They can make this push. I will not participate in that economy, and since I'm increasingly not participating in the "real" economy anyways, this is just a further push in the direction I'm already inclined to.
Go ahead punk. I'll mint it as an NFT and make a tidy profit off of it.Can we get some sort of cryptobro tag for Drop Bear?
Where are you going to get that EMP from huh? HUH? You'll be sitting on your stockpile of canned tuna while I press a button between mouthfuls of McFilet Mignon in space to launch Tesla patented kinetic spears down onto your exact location based on the geodata delivered by Alphabet.One EMP and you will polish my shoes with your nose begging me for some of my canned food.If you think that's real money you have in your human leather wallet that you can use however you want in the slums then you'll be surprised when I pay off Monsanto with my dogecoin gains to retire their copyrighted cereal grain that happens to be your favorite and replace it with the droppings of GMO rats. Then I'll bribe your water ration officer to exclude you from the state mandated weekly pint while I toast with Elon on Mars.I wish you luck with your imaginary quintillions, I prefer real money
You are right. What you miss is that digital right management is a mess and it's always tied to particular systems and services. NFTs or something like it could form the basis of a more widely accepted and more universal system for digital right management. A standardized way of digital goods ownership.Digital ownership already exists. It's called copyright law and contract law.
Crypto ppl love it, and crypto companies are pouring billions into it. Gamers generally hate it and complain about it.
I've seen this fight before. Won't be a surprise to see who wins this one, for better or worse.
tbh I don't know what's a NFT. Also i still haven't understood what blockchains do.
No.You mean like the courts of the land and international treaties?
Remember back when Trump gave out free money to everyone? The American federal reserve used that as an excuse to start doing investing of their own and quickly aligned themselves with Blackrock. America is now a command economy in practice and if Larry Fink says the word then NFTs will hit it so big you wouldn't believe. That's a dream scenario, it would be enough if a large enough business consortium started using NFTs. For now seeing many of the big video game corporations starting to make noises about using NFTs is enough to lend it legitimacy and what the big boys say will happen will happen. Microsoft has already made people fully accept video game subscriptions being a thing despite protests from backwards cave dwellers.The Invisible Hand of the Free Market, then?No.You mean like the courts of the land and international treaties?
You only think it is from nothing since you don't understand how economics works. If you were in possession of a lot of wool during a wool shortage in some ancient village you would find that it suddenly had risen in value. This is not from nothing but the wool has also not changed, it's still the same thing. The virtual economy is already based on artificial scarcity. You could copy digital media with almost zero cost, the only cost lies in production. To justify production costs virtual scarcity is introduced and video games for example cost more than physical items. In the short term future this will become even more pronounced. NFTs lets you possess unique digital goods and this would both introduce value in the digital items customers buy, since they can transfer that property, but also make things like piracy practically impossible in the future.It looks like standard finance to me, i.e. creating profit from nothing.
You mean like serial numbers? How can a glorified receipt make piracy practically impossible?NFTs lets you possess unique digital goods and this would both introduce value in the digital items customers buy, since they can transfer that property, but also make things like piracy practically impossible in the future.
The use cases will vary. NFTs make a secondary market for virtual items possible. Let's talk software, always-online and service dependent software is already mostly the case but will be even more the standard in the future. You pay for a subscription and are allowed to use their service, that Adobe does this, Microsoft does this with games now, it goes on. In these cases NFTs don't make sense since you don't actually own anything. But if a developer gives you NFTs for playing their games, such as in-game items or art or anything, this allows for a secondary market not necessarily tied to the game or service itself. Think Steam trading cards or something, except the marketplace is universal and not attached to any one corporation or their service.You mean like serial numbers? How can a glorified receipt make piracy practically impossible?NFTs lets you possess unique digital goods and this would both introduce value in the digital items customers buy, since they can transfer that property, but also make things like piracy practically impossible in the future.
I would like to hear those several reasons.Piracy will become impossible because of several reasons
Come on, even you have to admit that, on their own, these are just meaningless empty words. How will NFTs contribute to create this "closed connected ecosystem" and how will this "closed connected ecosystem" defeat piracy?it will be closed ecosystems, it will all be connected
We already have ways to ensure digital ownership. With piracy, the problem is not ensuring digital ownership, but preventing software from being accessed and cracked, and I don't see NFTs doing anything about that anytime soon. The only way I can see piracy getting defeated is by abandoning the traditional way of buying and consuming video games in favor of cloud gaming.NFTs will ensure unique digital ownership.