Poll of the Day > A lot of the NFT memes

(+) Yeah! (+)

Its just very clear that they dont understand NFTs at all

I get that a lot of people are just shitposting but it seems like just as many people dont grasp the concept.

I for one think its great that there are more people centric areas of wealth being generated. We need a thriving culture and part of that does involve shared wealth

we give way too much power to banks and corrupt politicians

we gotta quit goofin and try better. Everybody needs to vote. All the elections. Dont just argue about it on the internet place.

cause if the establishment can get away with itll literally make slaves of us all, it simply doesnt give a fuck

my personal view is that capitalism can quietly and politely eat a dick

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did you spend 106k on a shitty picture of a lion with its tongue out

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Lorthremar posted...

did you spend 106k on a shitty picture of a lion with its tongue out

nope, just making observations

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UnMead posted...

my personal view is that capitalism can quietly and politely eat a dick

NFTs are peak capitalism, though

It's the fine art market (ie, tax fraud) on steroids

If you dislike capitalism, you should be in favor of regulations that limit its excesses. NFTs are the most unregulated exploitative financial instrument available currently.

Spending money on NFTs are utterly worthless if there's no copyright that goes alongside it.
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People who buy NFTs are brainlets

People who think capitalism is bad are brainlets

You are the biggest brainlet I've ever seen


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Well if you think its that great an idea more power to you I guess

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Nobody understands NFTs people just think they are some kind of get rich quick scheme.

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Fortunately, meads opinion only carries the minscule weight of his individual vote.

Mead's in here talking about NFTs while describing crypto. Guess he's right that many people don't understand NFTs!

I imagine when somebody brings up the energy impact of it all he'll do a 180, as is tradition.

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I still don't get how something that is completely digital can affect the environment.
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Revelation34 posted...

I still don't get how something that is completely digital can affect the environment.

Mining the currency costs power. Lots of power.

Some geniuses just bought a coal power plant so thay they can use it to mine crypto. Literally making money by producing pollution.

I get that the concept of NFTs is about being a greedy try-hard that wants money so much he supports the dumbest fucking thing I've ever heard of

idiots

Veedrock- posted...

Mead's in here talking about NFTs while describing crypto. Guess he's right that many people don't understand NFTs!

I imagine when somebody brings up the energy impact of it all he'll do a 180, as is tradition.

I imagine he just hits some clickbait article and forms a knee jerk opinion thinking "I did a research!" and then brings these golden turd topic here.

UnMead posted...

for one think its great that there are more people centric areas of wealth being generated.

This isn't really what's happening tho

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streamofthesky posted...

NFTs are peak capitalism, though

It's the fine art market (ie, tax fraud) on steroids

If you dislike capitalism, you should be in favor of regulations that limit its excesses. NFTs are the most unregulated exploitative financial instrument available currently.

Im all for more rules and regulations, I also demand UBI and homes for all people. I dont care what country they were born in or if they speak some hilarious sounding language or if they worship a butthole god thats just a butthole and thats all their religion is its just butthole worshiped as divinity

all people deserve basic things. We can do it

Revelation34 posted...

Spending money on NFTs are utterly worthless if there's no copyright that goes alongside it.

I dont see the connection between copyrights and NFTs, maybe you can enlighten me? My understanding of NFTs is that youre essentially buying a unique link from a site that registers you as the official owner of some stupid thing whatever the fuck. How is copyright involved in that?

Veedrock- posted...

Mead's in here talking about NFTs while describing crypto. Guess he's right that many people don't understand NFTs!

I imagine when somebody brings up the energy impact of it all he'll do a 180, as is tradition.

what do you have against traditions

and I think that crypto is a big and complicated subject but it has many good but also many bad and very dark and scary things about it. I think much more transparency is necessary so that things can be properly taxed and regulated. we gotta get a handle on climate change so obviously crypto mining is a dumbass way to be using the worlds processing power

Jen0125 posted...

This isn't really what's happening tho

no? Fill me in on whats up then

as for the rest of yall, its way to early to be acting that grumpful. Have yourselves a cup of coffee or tea or something. Its a chill kinda day. Sweater weather.

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Again I cant edit my dumb typos and spelling errors because Im too unhinged for the boundaries of this web design lmao

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UnMead posted...

it seems like just as many people dont grasp the concept.

I don't grasp the concept. You spend money but don't get anything in return?

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Jesus Christ Mead. I don't understand how you can always be so close and so far away from getting the point at the same time.

Crypto and NFTs are just some get rich quick scheme. They aren't anti-capitalist. They aren't some magic thing that only the "little guy" knows about. What's really stopping the already rich from getting in on and exploiting or crashing it? I mean hell, there are already tons of rich people getting involved with it now.

CoorsLight posted...

What's really stopping the already rich from getting in on and exploiting or crashing it?

Elon Musk did this with $1.5B worth of bitcoin, but some people are deluded into thinking he's "one of us."

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UnMead posted...

no? Fill me in on whats up then

People who already have wealth buying data? I mean it's not accessible to you or I. These things start at like $100k

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I always forget most people on this board know absolutely nothing but FUD about crypto.

NFT's are just another way to store data. It gives you an easy borderless transferable asset with a unique key and ID. Since it is a new medium of expression, the super wealthy high end art trade sector is among the first to take advantage of this new technology. Give it a few years and this tech will be all over the gaming sector as well. Imagine collectable loot gun you can play with across multiple games. It can also be quite a hit in video distribution.

"lol, right click"
Is really only going to work on images/gifs on public chains. Think of Mainnet as public domain.

i like the idea of grifting money from rich people. other than that NFTs are awful. its a blob of json that links your wallet ID to a hyperlink. it doesnt confer any ownership rights. proof of work is an energy disaster and proof of stake is never going to work at scale. also they look like shit

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IronBornCorps posted...

Imagine collectable loot gun you can play with across multiple games.

this is a classic example of crypto solving the easiest part of a complicated problem, and then acting like it solved the problem.
oh cool, the game can see i got something in a different game. i guess metal gear solid must have used NFTs to see I played final fantasy.

the actual issue is that getting a gun to work in a game is really hard. it's not just sticking the model and some numbers in there. how many of these loot guns are there gonna be that work across how many games

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Nice Fucking Titties?

I imagine EA/Microsoft / Blizzard will have a set of guns that work with its games, similar with all the major developers, maybe some partner up.

Proof of work is an energy drain, but what makes you say Proof of Stake doesn't scale? I'm not an art collector, so I'm not buying Art NFT's.

That blob of JSON though is committed to millions of nodes and pools, and it's value can't be altered without the private key of the wallet owner. There is value in that sort of decentralized security, especially with the ability to store off chain and on private chains.

I'll give you it costs energy, and the rich are taking advantage of deregulation.

I think Quantum processing will make or break the crypto sector. Either quantum processing can be used effectively(energy efficient) to scale block processing, or the sector fails to produce quantum resistant algorithms and things like DOGE and Bitcoin become hackable.

I'm not really into it to make money, but borderless asset transfer and opensource VMs to host apps that can't be controlled by any singular governing body is very powerful as a technology.

nfts are the new pet rocks

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IronBornCorps posted...

Proof of work is an energy drain, but what makes you say Proof of Stake doesn't scale?

giving everyone votes based on their stake means the resource you need to buy votes is much more liquid. the equivalent for PoW is buying expensive specalized hardware (very illiquid). I think if you had a PoS currency with a huge market cap, it would create really bad incentives.

a lot of people say PoS is protected against a 51% attack because you wouldn't want to destabilize the currency if you had a huge stake in it. i think this ignores a lot of more clever ways people could exploit having a large stake in PoS currencies. for example slowly introducing usurious mining fees to get transactions approved quickly, or shorting the currency and then using the shorted shares to deliberately destabilize it

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nfts more like no fucking thanks

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lol you can literally just right click and save any and all nfts you see

like there's no repercussion, these stooges spent thousands of dollars on absolutely nothing on stuff that is just hosted on imgur

they don't actually own shit, if someone "steals" it, there's no legal recourse because there's no copyright on it lmao


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Bulbasaur posted...

lol you can literally just right click and save any and all nfts you see

like there's no repercussion, these stooges spent thousands of dollars on absolutely nothing on stuff that is just hosted on imgur

they don't actually own shit, if someone "steals" it, there's no legal recourse because there's no copyright on it lmao

Someone's gonna have to explain it because I honestly have no idea.
It's like its own brand of psuedotechnology.

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Judgmenl posted...

Someone's gonna have to explain it because I honestly have no idea.
It's like its own brand of psuedotechnology.

It's like "owning" a piece of the moon.

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I think it's a good idea, but they're so new that the application of them is super dumb and basic right now. Unique traceable hashes, linked to an address, tied to an image? Make collectable art, makes sense. But in the future it could be used for things like government IDs, vaccine card, etc. Completely traceable and non-forgable. Feel bad for all the kids in 50 years that can't sneak into bars though with fake IDs.

Judgmenl posted...

Someone's gonna have to explain it because I honestly have no idea.
It's like its own brand of psuedotechnology.

The image is hashed I think, and is tied to a crypto wallet. Which because of the blockchain is completely traceable. So it shows that "this image" is "owned" by a specific wallet. Yeah anyone can see the picture, but it's tied to a specific wallet. This wallet can sell it to someone else of course, then it gets transferred from one wallet to the other through the blockchain. Again, neat stuff, application is very young though.

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CoorsLight posted...

Jesus Christ Mead. I don't understand how you can always be so close and so far away from getting the point at the same time.

Crypto and NFTs are just some get rich quick scheme. They aren't anti-capitalist. They aren't some magic thing that only the "little guy" knows about. What's really stopping the already rich from getting in on and exploiting or crashing it? I mean hell, there are already tons of rich people getting involved with it now.

lots of not rich people getting wealth from it too and Im all about that. Regulate and tax that wealth

Jen0125 posted...

People who already have wealth buying data? I mean it's not accessible to you or I. These things start at like $100k

Anyone can make an NFT and try to sell it for any amount though cant they? From my understanding you can make an NFT tied to practically anything.

Bulbasaur posted...

lol you can literally just right click and save any and all nfts you see

like there's no repercussion, these stooges spent thousands of dollars on absolutely nothing on stuff that is just hosted on imgur

they don't actually own shit, if someone "steals" it, there's no legal recourse because there's no copyright on it lmao

the image isnt the NFT helly copying the image literally just copies the image it has nothing to do with the NFT itself

AwesomeTurtwig posted...

I think it's a good idea, but they're so new that the application of them is super dumb and basic right now. Unique traceable hashes, linked to an address, tied to an image? Make collectable art, makes sense. But in the future it could be used for things like government IDs, vaccine card, etc. Completely traceable and non-forgable. Feel bad for all the kids in 50 years that can't sneak into bars though with fake IDs.

The image is hashed I think, and is tied to a crypto wallet. Which because of the blockchain is completely traceable. So it shows that "this image" is "owned" by a specific wallet. Yeah anyone can see the picture, but it's tied to a specific wallet. This wallet can sell it to someone else of course, then it gets transferred from one wallet to the other through the blockchain. Again, neat stuff, application is very young though.

this

and Im not even a strong supporter or user/owner of NFTs, I just think its cool to see some wealth being generated away from the banks who might be well regulated but theyre corrupt af and need to all be reformed

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AwesomeTurtwig posted...

The image is hashed I think

it's a URL that currently points to the image. image itself isnt verified at all
this is what an NFT looks like https://project-memento.com/metadata/8-9.json


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Why spend money on a Non Fuckable Token when you could give money to a furry artist and get the artwork you've always wanted?

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Nobody is "generating" wealth. At the end of the day the value given to it is tied to a real regulated currency and so that's just money that moves between people, up and down. For every person who does get rich off of it, you have hundreds who are barely moving the needle at all and a few taking big losses. It's basically just gambling. It's not some big revolution either, it's just like trading Pokemon or baseball cards except instead of having some physical object that has some tangible quality and rarity, they're trading ugly art of palette swapped apes and lions that have artificial perceived scarcity

Also I don't give a fuck who does or doesn't get wealthy. Actually I'd be very happy if nobody was wealthy, I just want people to stop getting bombed and starved on the streets. It's obnoxious when crypto/NFT bros act like this is gonna make the world a better place but really all they have to show is "well a few people were able to hit it big!"

National Film Treasury
Natural Fig Tree
Need Free Time
Norway Finland Thailand
North Freeway Tunnel

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CoorsLight posted...

Jesus Christ Mead. I don't understand how you can always be so close and so far away from getting the point at the same time.

Crypto and NFTs are just some get rich quick scheme. They aren't anti-capitalist. They aren't some magic thing that only the "little guy" knows about. What's really stopping the already rich from getting in on and exploiting or crashing it? I mean hell, there are already tons of rich people getting involved with it now.

Every market is manipulated by those with money, now the stock market has a lot of regulations to prevent people with tons of money from pumping a stock then dumping it. Crypto does not have those regulations yet so if some guy with $100's of millions in the bank buys a fuck ton of Dogecoin to push the market up and then dumps it there is no law stopping that.

NFTs offer nothing of value over crypto, it's just a specialised way to launder money.
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New alt so I can post. This is what happens when you criticize meme culture lmao

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chelsea_wtf posted...

it's a URL that currently points to the image. image itself isnt verified at all
this is what an NFT looks like https://project-memento.com/metadata/8-9.json

this nft is just



i've stolen that persons nft by right clicking and saving as.

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Bulbasaur posted...

this nft is just



i've stolen that persons nft by right clicking and saving as.

youve copied an image

thats all youve done, the image isnt the NFT

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MeadCore posted...

youve copied an image

thats all youve done, the image isnt the NFT

Congratulations, you've just explained why NFTs are a scam

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you can just download all NFTs for free its awseome

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Blightzkrieg posted...

Congratulations, you've just explained why NFTs are a scam

then Im missing something that nobody has been able to point out

the image is not the same thing as the NFT of the image. Its conceptual. But that doesnt make it a scam necessarily. Its a new thing so there are of course people taking advantage of it and causing problems.

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Mead I think your heart is generally in the right place but I don't understand how you keep falling for stuff like NFTs and Andrew Yang. Even charitably looking at them and assuming best intentions and ignoring all the red flags, there would still be countless other better concepts/leaders on the subject of societal equity

MeadCore posted...

youve copied an image

thats all youve done, the image isnt the NFT

I copied the NFT:

{
"name": "Project Memento [8,9]",
"description": "Leave a trace on the Memento wall. Coordinate: [8,9]",
"image": "https://memento.pages.dev/images/8-9.svg",
"external_url": "https://project-memento.com",
"attributes": [
{
"trait_type": "Coordinate X",
"value": "8"
},
{
"trait_type": "Coordinate Y",
"value": "9"
}
]
}

(edit: i love how this website has a "code" option in the rich text buttons that doesn't actually preserve spaces. it gets me every time lol)

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chelsea_wtf posted...

I copied the NFT:

{
"name": "Project Memento [8,9]",
"description": "Leave a trace on the Memento wall. Coordinate: [8,9]",
"image": "https://memento.pages.dev/images/8-9.svg",
"external_url": "https://project-memento.com",
"attributes": [
{
"trait_type": "Coordinate X",
"value": "8"
},
{
"trait_type": "Coordinate Y",
"value": "9"
}
]
}

(edit: i love how this website has a "code" option in the rich text buttons that doesn't actually preserve spaces. it gets me every time lol)

I dont understand what youre trying to convey. I dont know anything about code

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