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Nfts are not simply images on the blockchain. The technology is not a scam even if scammers use one aspect of it to sell pixels for ridiculous sums of money
But please, don’t let me stand in the way of a misinformed circlejerk
Look, I right-clicked $1.2 million.
(Full disclosure, it took a little more than right-clicking to download that image. OpenSea apparently purposefully makes it hard to download images. Not terribly hard, though. Only took me a couple of minutes to figure out.)
Hmmm do I want to spend my life savings on a house, or “invest” in NFTs? Decisions, decisions…
In the NFT the blob at the end is changing color. Maybe that helps?
Where’s the difference?
Spent too long trying to figure out where the monkey icon was… Before realizing that the dumb squiggly was the nft
Category Art
No, lol
Windows + Shift + Son Windows,Cmd + Shift + 5macOS (it might be option instead of shift actually).For me it’s
win+shift+son windows, not ctrl. At least if you’re taking about being able to select part of your screen to screenshot, without having to crop after the fact.Also
alt+printscreento screenshot just the selected window.Thanks, fixed!
I just took a screenshot and cropped it! Second-easiest million dollars I’ve ever made and all the others have been just as fictional!
I usedto think Gary V was a pretty smart dude, back when I used to watch him during his early wine library tv days, I bought into his hustle mentality and up to some point he was the catalyst to push myself to become a professional and study a career. After years of watching his videos and seeing him grow in his advertising company he started pushing sneaker buy and resale (basically scalping) and buying and selling Pokémon cards and was confused but figured “to each their own I guess”, shortly after he started pushing crypto and then NFTs and at that point I lost all respect for this dude because he’s either an idiot and has been lucky all this time, or he’s fucking scamming his followers in some sort of pump and dump scheme and stopped following him everywhere.
Quoting a podcast: “So you’re saying I own this jpeg but anyone else can still download it and do anything they want with it? Bruh, NFTs are just jpeg NTR”
NTR? No Touching, Ronnie? Normally Trained Raccoon? Nerdy Technology Revealed?
God, and to imagine that people were serious about that shit. I mean, the people not using it for money laundering and scams
They think the value would go up. Why? Who would want to buy it from them?
Whatever people generally accept as a tradeable asset can be used as a currency. Be it a painting, a very old coin or a banana taped to a wall. Currency doesn’t have to be directly useful, it just needs to be unique and give some kind of confidence in value. Paper bills are well established with high confidence in their value, even though they are really just pieces of cotten paper with a specific print. However, NFTs are linked to crappy artwork which seems to generally lower the general confidence in sustained value.
The general idea of NFTs is fine, but the execution is a shitshow of dimensions beyond my belief.
The general idea of NFTs is completely stupid IMO.
If you don’t know anything about NFTs, they sound really stupid.
If you know a lot about NFTs, they sound really stupid.
It depends on what you’re using them for. If it’s just a URL to an image, meh. But some real assets can be hard to track without a lot of institutional infrastructure. NFTs are a possible alternative to the expensive, hard to grow financial institutions that underpin a formal economy.
Take ownership of a house. When I was buying recently, there was a myriad of companies involved in the sale, including insurance companies in case there was a lingering claim to the property. In a country where possession of any given piece of land has very poor records, transferring ownership is that much harder. But what if instead they built their system around creating NFT corresponding to a an actual specification for the land?
Care to elaborate? I can see that the result of extremely pricey meme drawings is completely stupid. But the general idea of linking property to a non-centralized system which anyone could verify against, but basically no one could cheat, sounds like a decent concept to me.
I can just see Oprah going, “and now you own it! And now you own it! And now you own it!”
Honestly they can keep their pictures. Almost all NFTs are ugly and not worth the space on my hdd.
“I have a print of the Mona Lisa! That’s just like owning the original!”
Except this “Mono Lisa” is a digital file, which has no distinction between the “Original” and “Copies”.
In most cases the NFT isn’t even a file. It’s a URL to a centralized server. If that server goes down you are now the proud owner of a broken URL
“I own a reciept that says I own the original Mona Lisa but literally anyone else in the world can possess an exact, identical copy of the Mona Lisa for free. I’m an incredible investor!!”
You don’t even own an NFT. Even if I bought a print of the Mona Lisa, I at least have a physical, tangible thing in my hand. It might be worth fractions of a cent but at least it’s more real than an NFT you might have spent actual dollars on.
If I had an exact replica of every brush stroke of the mona lisa, it would be just like owning the original.
I wouldn’t because it would not have been painted by Da Vinci
2021 uuhg that year hasn’t been current in ages!
Nfts are not simply images on the blockchain. The technology is not a scam even if scammers use one aspect of it to sell pixels for ridiculous sums of money
But please, don’t let me stand in the way of a misinformed circlejerk
