https://twitter.com/GeoffreyHuntley/status/1461322836165885954?s=20

  • Melon [she/her,they/them]
    ·
    3 years ago

    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.

    • blobjim [he/him]
      ·
      3 years ago

      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.

      • Melon [she/her,they/them]
        ·
        3 years ago

        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.