NFTs (thread now extremely NSFW)

we are > or < eight years from some dude in his thirties at the bar talking about how he was a eth millionaire, man i had it all

I can't tell if this is real or a bit

I guess if you looked on the blockchain you could figure it out, I just assume these stories are

Welcome to my lil corner of the @some_place metaverse. Can’t wait to welcome you all in soon 🤍 pic.twitter.com/QWfsdFGqzr

— Brie Larson (@brielarson) March 17, 2022

its hard to explain but the Metaverse feels like something from 2018

Second Second Life

playstation home - 2008-2015
vrchat - 2014

it's over https://www.ft.com/content/46349496-790a-4223-8c65-d6a0bde897bc

I liked the Metaverse better when it was called Date Ariane

it's over https://www.ft.com/content/46349496-790a-4223-8c65-d6a0bde897bc]

without paywall: https://archive.ph/cIrRU

According to a Financial Times analysis of OpenSea, the average price of a Bored Ape NFT, a collection that counts celebrities such as Gwyneth Paltrow and Snoop Dogg as owners, has fallen 44 per cent since the war in Ukraine began as investors pull back from trading colourful cartoons.

I can't believe Putin would do this.

sxsw sounds like literal hell this year

https://www.vice.com/en/article/88gb75/at-sxsw-a-pathetic-tech-future-struggles-to-be-born

It's really good that Vice is reporting on hyper-capitalist marketing arms that ruin SXSW

i literally never link to vice but i like the author, can i have one as a treat?

just going to link again via this tweet, to spite you and to also share the cursed phrase "land acknowledgment NFTs"

I keep trying to pull a quote from this and honestly the "bees" line, the phrase "infinite scarcity," and the fact that it had me darkly wondering if anyone has already made land acknowledgement NFTs should be incentive enough. Great work @bigblackjacobin https://t.co/cK16u1ANCW

— Kelsey D. Atherton (@AthertonKD) March 18, 2022

SXSW seems to have changed since I last went in .... 2002. It was all webloggers with bulky digital cameras then. If only I could have told them about NFT's, prevalence of anthropomorphic rabbits, and the coming of the bees.

Is music even the focus anymore?

Chaotic good:
https://www.theblockcrypto.com/post/138410/someone-borrowed-5-bored-apes-to-claim-1-1-million-of-ape-tokens

this shit simply can't crash fast enough

it's good that someone who didn't give a shit about NFTs ended up cashing out.

https://miro.medium.com/max/700/1*GgP6f3IaiGYuvOdY8yPdZg.png

imagine being so uncool you can do this

https://onezero.medium.com/the-metaverse-and-nft-boom-is-about-to-go-bust-b63c52c37c94

line goes down, u luv 2 see it

The Meta search trend: "what the fuck does that mean" "oh that's fucking stupid"

Howard Schultz just unveiled his big plan to win back unionizing Starbucks workers: "We are going to be in the NFT business."

— Jordan Zakarin (@jordanzakarin) April 4, 2022

by which he means No Fucking Trade unions

when you absolutely must use as much electricity as possible pic.twitter.com/SBHjfzBxcX

— Tim Maughan (@timmaughan) April 5, 2022

NFT bros are the equivalent of rolling coal

just the fucking worst

https://www.youtube.com/watch?v=T-ROrJgeTsc

It’s so over for NFT’s pic.twitter.com/flB2SqDyeX

— Bucco “Buyback” Capital (@buccocapital) April 8, 2022

Here’s a list of 3.9k Twitter accounts that have lost their “.eth” recently: https://t.co/7pZ0htko6U https://t.co/gl0i1Hl3IQ

— Travis Brown (@travisbrown) April 4, 2022

lol at shaq being the first name on the .eth drop list!!!

at first i just assumed it was the display name and not the account name, but then, look at the number of followers for the account, which lines up with legendary basketball play shaquille o'neal (15.6M)

this is also a fun list

FWIW the top of the list of accounts that haven’t lost their .eth yet is Paris Hilton https://t.co/bBQaCO7EPs

— Travis Brown (@travisbrown) April 8, 2022

so these are people who have and have not divested?

Nah, just people who changed their Twitter usernames. Nothing to do with anything real (insofar that crypto is real), just funny to see who is still promoting it

gotcha

I'm not sure what kind of understanding anyone can have about these things. Like, when Snoop says he's going to sell "Nuthin' But a G Thang" as an NFT, what does that mean? Does the person who buys it have the right of make money off it? Can they license it out? Take it on or off of streaming services? Or, if not, what do they own--just the bragging rights of having a digital address for a famous song?

The contract for the Christie'sauction of that Beeple artwork explicitly stated that the buyer had no ownership or reproduction rights of the original image. Thats almost certainly the case, explicitly or implicitly, for all other nft sales, even if there's something specified in a "smart" blockchain contract, such rights exist solely in the real world.

So, would courts recognize a blockchain as a legal and binding contract? And since courts are the instruments of governments, how would submission to their jurisdiction reflect on the claim that cryptocurrencies are a path to freedom from government control?

(makesyouthink emoji)

^^^ was recently at an NFT "event", which was partly about selling pictures drawn by a sweet-seeming local entrepreneur on his second or third venture and blockchain-commodified by his "smart friend", a yammering huckster he met in prison; but was also about the smart friend exhorting a thursday night's bored young men to take their revolutionary destiny in hand (here's a reminder of the 2008 crash, here's some reactionary deus exy stuff about the federal reserve, here's some general remarks about the uselessness of "conventional politics", here's a denatured quote from hayek) and grow a new economy from the festering corpse of the state by... petitioning our state legislature to deregulate cryptocurrency transactions, which are tightly controlled here.

(it was also suggested that buying NFTs might assuage the legacy of colonialism)

So, would courts recognize a blockchain as a legal and binding contract?

So far as I know (which is not very far), this has yet to be tested, and the only potential test I'm aware of is crypto bros who lost 'valuable' apes by mistake in duplicitious but, according to the rules of the blockchain, completely legitimate transactions, suing OpenSea claiming their apes were stolen. If this were to go to court it would be an attempt to not only apply government control to the blockchain, but in a way that would completely undermine, not support, its legitimacy. makesuthink indeed.

In Capitalist system chain blocks you

You have nothing to lose but your chainblocks!

Or blockchains, whatev.

Hillary -- unprompted -- constantly brings up bitcoin and blockchain technology in interviews now because she's way smarter than what passes for the "US left." She wants it banned and/or heavily regulated because she sees the threat it poses to status quo power centers.

— Glenn Greenwald (@ggreenwald) April 8, 2022

how many more years is gg gonna be a Media Guy, he shd retire

When’s a jaguar going to eat him

lol

An NFT of Jack Dorsey's first-ever tweet, which sold for $2.9M last year, ended with a top bid of just $280 https://t.co/SqHeW238eq

— Taylor Lorenz (@TaylorLorenz) April 13, 2022

I wonder if he'll claim a loss of $2,899,720 for tax purposes?

As of Thursday, the highest bid was 2.2 of the cryptocurrency ether – equivalent to about $6,800.

“My offer to sell was high and not everyone could afford it,” Estavi told Reuters via Twitter direct message, adding that he was no longer sure if he would sell the NFT.

“It’s important to me who wants to buy it, I will not sell this NFT to anyone because I do not think everyone deserves this NFT,” Estavi said.

hahahaha fucking idiot

You paupers don't DESERVE my NFT!