NFTs (thread now extremely NSFW)

Are we really citing "celebritynetworth" and shit like that around here?

i feel like if ANYTHING should be an NFT, this should be an NFT
https://www.youtube.com/watch?v=I3Ak5VgyEoc

Would be cool if there was a way for artists to make money that didn’t rely on an environmentally destructive pyramid scheme

I doubt Eno is a Leninist but he refers specifically to financialization there, not merely "making money." Criticizing NFTs debasing the art in favor of taking part in crypto Ponzi schemes is not exactly "making money bad, ignore my bank account plz"

criticizng NFTs for debasing

https://i.kym-cdn.com/entries/icons/original/000/036/647/Screen_Shot_2021-03-01_at_2.28.39_PM.png

NFT's enable more money for more artists

vs

the societal and financial virtues of crypto as new currency is proved by their recent 'success' in the world economy

nah, the bros are correct, why not both.

Brian Eno worked and campaigned for the Clegg era LibDem party as a "youth adviser". Sort of equally laughable, despicable and utterly fucking clueless!

his music is cool

take that shit to ilm

hahaha

its really weird that NFTs are being treated like some revolution in gaming. the first major drama in my friend group came in 2002 when one guy installed a keylogger on another guy's PC in order to steal like, 50 bucks worth of Diablo II items.

There’s a graphic designer I follow on Instagram who has disappointingly gone into NFTs. Quite telling that on his new posts nobody is commenting on the art but all the comments are suggestions to promote the NFT on other pages and all of them are indistinguishable from bots

It’s a community of people who only care about money! Awesome!

https://comicbooked.com/comic-book/

The adoption of NFTs by more and more people is giving me real Rhinoceros vibes.

Though if you want to get in on the ground floor of my Bored Rhinoceros NFTs they’re set to go through the roof.

60 million, 50 million, 1 million, number doesn’t matter. Point is he has greatly profited off of the economic system he’s criticizing, in a way that the vast majority of artists will never have the opportunity to. I don’t begrudge him for making money, I don’t care how much anyone makes; we should all have lots of money! Money is great. If NFT’s enable that for more artists, more power to them.
― Jeff, Monday, December 20, 2021 2:07 PM (yesterday) bookmarkflaglink

This is such a bullshit, sophomoric argument. NFTs suck, crypto is bullshit. Period.

Sorry, wish I could do better!

I don’t think I’ve really tried to defend the existence of crypto/NFT’s here. I’m largely indifferent to the benefits of decentralization and other benefits that crypto libertarian bros espouse. I do find type of zealotry off putting! But I am interested in many other aspects (supporting technologies, the network effects, creation of markets/economics systems, how people determine value, financialization of everything, etc.) Perhaps my greatest sin is enjoying making some money from it and being ok with other people doing it as well. Not going to argue that at all, if people find that unsavory, not much is going to change minds.

i forget if i got this from this thread or elsewhere or whatever but it's great and it's what i send to people who i think are willing to try to understand why crypto is so fucking stupid:

https://antsstyle.medium.com/why-nfts-are-bad-the-long-version-2c16dae145e2

written patiently and thoroughly by a computer scientist who patiently and thoroughly demolishes all crypto moron arguments. obviously you can't send it to any like zealot types as their brains are far too riddled and gone for actual reflection.

Just so everyone knows. There are HELLBOY NFT's out there that are unauthorized and were made without our's or @DarkHorseComics consent so buyer beware.

— Mike Mignola (@artofmmignola) December 20, 2021

The exciting technology of right-clicking and saving a JPG and then selling it to a stupid person for hundreds of dollars.

think Frank Zappa would be into NFTs? "We're Only In It For the Monkey"

Point is he has greatly profited off of the economic system he’s criticizing

erbody has something to hide especially frank and his goddamn monkey

xp like i think the whole point of creating alt currencies is so far outside of the scope of... whatever these currently are, man i don't know.

i mean, these crypto bros seem _strongly_ motivated to help everyone (who are like, these bros afaict) "escape" the economic oppression enforced by sociopolitical overlords. because said overlords control monetary systems. but money, like information, should be free. free to fly into their pockets. as they rocket off into space.

NFTs are a massive scam but they are also a beautiful anthropological device that demonstrates the fact that private property is, and has always been, a social construct

— obnoxious transexual hacker (@beka_valentine) December 19, 2021

Really interesting and, uh, scary thread.

I think crypto is obviously stupid and and NFTs are both ugly and stupid, but I can't shake the feeling that all us self-conscious lefty ex-gawker readers are going to be ultimately "in the right" but in the meantime a ton of these guys are going to be rich, while all we have is our smug satisfaction that we didn't buy an ape picture

Like I don't give a shit about "the future of money," I just know that all these NFT guys who got in on the ground floor are probably going to make bank, and we're going to be at their mercy because we're ultimately always at the mercy of whoever has the money

Like everyone dunks on them because they've created a "culture" around owning an ape picture and that culture is clearly aesthetically, artistically and morally bankrupt, but honestly I would rather be able to buy a house than be "right"

would totally love to make bank off of these fools, but usually by the time I hear about something like this the buy-in is already out of my league

demonstrates the fact that private property is, and has always been, a social construct

this is such an obvious fact that nobody needed NFTs in order to figure this out

whiney you're like 2 weeks away from buying in, just skip to that part. once you're thinking like you're thinking, you're right, just go all the way

i'll be over here, not rich, like always

who FUCKING CARES

GO GO GO GO GO GO!

GET WHAT'S YOURS!
GET WHAT'S YOURS!
N F T!
N F T!

NFT sounds like an Anthrax song title

I can't shake the feeling that all us self-conscious lefty ex-gawker readers are going to be ultimately "in the right" but in the meantime a ton of these guys are going to be rich, while all we have is our smug satisfaction that we didn't buy an ape picture

Like I don't give a shit about "the future of money," I just know that all these NFT guys who got in on the ground floor are probably going to make bank

Except for the ones who've lost hundreds of thousands via rug pulls or the ones stuck holding the bag in the end.

All you're describing is the cycle of capitalism and pyramid schemes. You could say the same thing about becoming a teacher instead of going into finance or "why didn't I hector everyone I know to buy Amway?!."

meanwhile there's the teacher who specializes in financial courses - the perfect portfolio

I've dedicated most of my life to identifying lucrative investment path portfolios that are so risky that I am forced to distribute most of the practical risk consequences down to the rest of the pyramid, the tip of which I stick deep down in my ass and spin.

whiney, you're defining pascal's wager

Hell is online.

pascal's wager assumes that the potential rewards of winning the wager are infinite, while the potential cost of losing the wager are finite, therefore the calculable odds favor making the wager in all instances. because NFTs can't provide potentially infinite rewards they're just another common garden variety gambling bet.

The infinite nft, coming to web3 near u

The only way to fix capitalism is more capitalism

Delighted @DeRaceNFT horse racing game beta version is released! 🐎 You can race against Brown Panther, Roman Dragon and other horses from Manor House Stables!

Tournaments, jockeys, NFT horse breeding, performance boosting and more to come!

Grab your NFT horse and let's race! pic.twitter.com/WAVZMVKdES

— Michael Owen (@themichaelowen) December 29, 2021

"NFT horse breeding" lol what is this garbage. They've been doing virtual racing in the bookies for donkey's years but now with added NFT grift.

owen has been a grifter ever since he lost his point-of-difference asset in his early to mid twenties and had to resort to massive content-free brochures to tempt reasonably-sized clubs into buying him

in short, he knows grift, he lives grift, he is grift. disregard at all times

He's always been a wasteman but is he even a successful grifter? I bet he looks jealously at Robbie Fowler's buy-to-let empire!

He grifted a Man U contract!

Crypto bro explains why he doesn't approve of NFT

https://www.youtube.com/watch?v=RcoH5TV52u8

If the timestamp fails go to 35'15"

what a very fine example of "real art" he shows to the camera lol