https://twitter.com/GeoffreyHuntley/status/1461322836165885954?s=20
Looks like it might have even tanked ETH prices: https://twitter.com/GeoffreyHuntley/status/1461384079304056833 :data-laughing:
When you buy the NFT do you buy all “rights” to it, and technically people would have to ask you for permission to use it?
No, you don't own shit other than the line of code on the blockchain that this is yours (not the asset itself) :hahaha: . Currently most Ethereum blocks are under 2 KB in size so the image is hosted on a completely different website. So what happens when that website goes down? Do you lose your "art"? Why YES!
Good art fakers are extremly talented artists and tradespeople. Like I bow before these masters of their craft. They do amazing work.
A successful fake of a famous work is basically as valuable as the original, given the effort it takes.
I remember reading about polish carpenters who would make beautiful furniture, and then throw it out of the window and restore it. So they could sell it for a lot of money at scoresbys. They only got discovered because they flooded the market.
Hey buddy you want to buy a star? I can register you as the official owner of your own star system for a low, low fee.
There's a fun Boonta Vista episode about selling real estate on the moon
I've owned an acre of land on the moon since I was 12 years old
I'm trying to find the article that I read about it and it included the details you are asking about. I will see if I can find it and link it here
Honestly, the less you know about this stuff, the better you probably do as a grifter. If you actually understood how those things worked, you'd be too dumbfounded that anyone ever considered paying for it.
its like buying the deed to a star, but instead of something cool its nauseating furry porn
Kindly do not disparage nauseating furry porn. It ain't my cup-o-tea, but it's valid, and it doesn't deserve to be compared to this slop.
of course they're just shared to the public google drive links lmao
Did you know that a NFT is just a hyperlink to an image that is usually hosted on Google Drive
:data-laughing:
this dude just stole so much money he could relabel himself as a bank
Not even close. Wake me up when your fraud crosses 1T, nerd.
There is a good chance this torrent lasts way longer than any of those nft gdrive links.
So this isn't actually like the private keys or whatever that act as actual proof of ownership right? It's just image files?
It lacks the silly "proof of ownership" nonsense, the funny thing about "proof of ownership" in the blockchain is that it rarely corresponds with any legal or copyright or intellectual property rights, so these NFT dorks don't truly own an enforceable claim on any of their things, so "proof of ownership" is an egregious misnomer until some nation state decides to treat it as a real thing (unlikely).
Having a bulk torrent of millions of NFT-associated image files is the perfect troll, as it juxtaposes how the ethereum blockchain never holds the corresponding image files. All of that crypto computer usage and storage and various other waste is done for a school playground version of "proof of ownership" that people can ignore without any consequence (and the "resilient" and "decentralized" technology itself can be taken out with something as petty as link rot). Making a megatorrent of this stuff is a genius counterpoint, in that torrents actually hold files and torrents won't die from link rot.
Right I guess it's an own in that the torrent is actually decentralized, but it doesn't affect crypto-people in any way, because the thing they're actually speculating on is the what's on the blockchain, that's where the money is at. Most of the probably already know that the whole "art" thing around it is a sham, they're just speculative investors. People who keep trying to "own" them are just being pedantic. Scamming them to take their actual NFTs is the only thing that actually affects them.
It does affect crypto-people, as the cryptoids rely upon a faith that the real world will make use of their implementations of "proof-of-ownership" and their implementations of "currency." They are seeking to change the tide of opinion and establish the blockchain as a legitimate replacement for existing currency, titles, deeds, and whatnot. People who keep trying to "own" them are not simply pedantic, they are often working counter to the legitimization of crypto, and that actually affects the bottom line and earnings potential for the cryptoids, as they get fewer people to bother funneling money in to the project (and often spur former adopters to leave crypto).
If you want to discuss pedantic, try listening to a crypto dork explain why their altcoin is going to disrupt the whole world and why metaverse nft booty shorts with banana cats are more important than your uncle's insulin. If you think the twitter nerds are being too online and out-of-touch in their dunking on NFTs, try traversing in the crypto circles who think The Matrix is a utopia.
isnt this rather helping them because a design flaw with nfts is that they are just a certificate with a link to a centrally hosted file that can go down any time
The nft still points to the centrally hosted file, so their claim to "ownership" would be gone, even if the image is backed up.
It would be funny to have one of the hosting services lose their database, and try to put it back together from torrents but get some of them wrong.
would be great if all the names were randomized and 1 pixel was modified in each image so you cant use it as a backup
