Current Events > a tweet has sold for 2.5 million

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AceMos
03/15/21 12:25:45 PM
#1:


https://www.cnbc.com/2021/03/09/jack-dorseys-first-tweet-on-track-to-sell-for-2point5-million-and-hell-donate-the-money.html

this is what capitalism has become even the most wild of parodies could not have predicted this

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VipaGTS
03/15/21 12:29:28 PM
#2:


how do you sell a tweet? how do you own a tweet?

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lww99
03/15/21 12:30:08 PM
#3:


Can you edit years old tweets? Could make for some interesting marketing, I guess

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Flockaveli
03/15/21 12:30:46 PM
#4:


VipaGTS posted...
how do you sell a tweet? how do you own a tweet?
Blockchain

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AceMos
03/15/21 3:09:04 PM
#5:


vump

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SquirtleSkwad
03/15/21 3:10:05 PM
#6:


This FTS bullshit is ridiculous and only being used by the biggest sellouts.

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"If you cannot explain it simply, you do not understand it well enough."-Albert Einstein
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Tyranthraxus
03/15/21 3:10:21 PM
#7:


VipaGTS posted...
how do you sell a tweet? how do you own a tweet?

More accurately a digital certificate roughly equivalent to a car title saying own this tweet has been sold for 2.5 million.

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https://imgur.com/dQgC4kv
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Eyeratosthenes
03/15/21 3:10:33 PM
#8:


This feels dystopian but I actually don't know anything about it

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DeadBankerDream
03/15/21 3:12:32 PM
#9:


Imagine buying a Donald Trump tweet 6 months ago.
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Jagr_68
03/15/21 3:15:44 PM
#10:


Tyranthraxus posted...
More accurately a digital certificate roughly equivalent to a car title saying own this tweet has been sold for 2.5 million.

Except that it literally can't be sold for more than its worth since it's a digital asset, meaning another fucking jackass of the century would have to buy it from the first fucking jackass who bought it.

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Blue_Target
03/15/21 3:17:08 PM
#11:


This is probably no different than a clothing line paying Kim Kardashian to make an Instagram post wearing their products

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Tyranthraxus
03/15/21 3:17:46 PM
#12:


Jagr_68 posted...
Except that it literally can't be sold for more than its worth since it's a digital asset, meaning another fucking jackass of the century would have to buy it from the first fucking jackass who bought it.

I mean it's worth whatever someone is willing to pay for it. A better question would be like.... Can it be insured? What happens if twitter is hacked and that tweet gets deleted and can't be recovered? Is it taxable as an asset worth $2.5 million?

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It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
https://imgur.com/dQgC4kv
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AceMos
03/15/21 3:18:31 PM
#13:


Blue_Target posted...
This is probably no different than a clothing line paying Kim Kardashian to make an Instagram post wearing their products
oh its verry different

the tweet was mde years ago and is being sold now

and the person who bought it does not even really own it

the twitter handle owner could just up and delete the tweet and nit would be legal


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YellowSUV
03/15/21 3:19:47 PM
#14:


I have more respect for simps who buy bathwater than people who buy NFTs.

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Blue_Target
03/15/21 6:03:16 PM
#15:


AceMos posted...
oh its verry different

the tweet was mde years ago and is being sold now

and the person who bought it does not even really own it

the twitter handle owner could just up and delete the tweet and nit would be legal
My bad. I thought his account has yet to make their first tweet.

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#16
Post #16 was unavailable or deleted.
MedeaLysistrata
03/15/21 6:05:32 PM
#17:


tfw i have 4 NFTs

edit: yes i know they won't be worth that much ever

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DeadBankerDream
03/15/21 6:05:42 PM
#18:


ProfessorKukui posted...
Selling this post. Starting at .5
Bid will end tomorrow at 3PM specific


That sounds like something you could get warned for, even as a joke >_>
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#19
Post #19 was unavailable or deleted.
TheMikh
03/15/21 6:12:46 PM
#20:


i understand what nfts are and how they work for the most part but i really don't understand how "selling tweets" works within this context

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#21
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Funkydog
03/15/21 6:18:31 PM
#22:


NFT's continue to baffle me. I get "what they are" but I just don't get how anyone actually cares or sees values in them.

Really just seems like rich people fad right in the middle of a pandemic when millions of others are struggling to survive.

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Medussa
03/15/21 6:20:47 PM
#23:


Funkydog posted...
NFT's continue to baffle me. I get "what they are" but I just don't get how anyone actually cares or sees values in them.

this kind of stuff is silly (or laundering), but i can definitely see a market for stuff like Top Shots or Cryptokitties.

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NinjaWarrior455
03/15/21 6:20:48 PM
#24:


Funkydog posted...
NFT's continue to baffle me. I get "what they are" but I just don't get how anyone actually cares or sees values in them.

Really just seems like rich people fad right in the middle of a pandemic when millions of others are struggling to survive.
Rich people with money to blow and cryptobros trying to find increasingly more asinine ways to waste energy using blockchains.

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Anteaterking
03/15/21 6:23:08 PM
#25:


Funkydog posted...
NFT's continue to baffle me. I get "what they are" but I just don't get how anyone actually cares or sees values in them.

Really just seems like rich people fad right in the middle of a pandemic when millions of others are struggling to survive.

In a vacuum it "makes sense". When you look at art, most of the value to rich people comes from being able to say "I own this" since they're frequently loaned out to museums, most people are content to just look at a digital image or put a print on the wall, etc. So if the value of art is in ownership, the digital form of this is just NFTs.

In practice, it's stupid.

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