Stop the simulation, I want to get off.
i hate this so much both on enviromental sense and on the sense that this is so dumb
We're just printing money, but only certain people get the money. It's so fucking dumb.
also makes the price of computers parts rise and it is just so dumb like it is literally what if money but WORSE FOR THE PLANET
Using the same amount of electricity to transfer imaginary money as multiple European countries to own the FIAT's and central banks or something
greatly multiplying the ecological footprint i will have so i can own a post on the website twitter dot com, a site that is free and you could just print the tweet and send like 20 bucks or something to the person who made it i guess
Its all so terrible, reminds me of the "rare pepes" bullshit but with like real life consequences and huge wastes to electricity and money.
We’re just printing money, but only certain people get the money.
🌎👨🚀🔫👨🚀
someone correct me if i'm wrong but I believe the point of selling NFT 's is so rich assholes can use them as tax reductions. If Jack can sell it for 2.5 million he could donate other NFT's and write them off for the 2.5 mil he sold the first one for.
NFTs let you point your finger at any URL and say "commodified" as if it will have no consequences :stonks-up:
you don't even need to be the originator - if you're the first to tokenize, the system recognizes you as owner
you don’t even need to be the originator - if you’re the first to tokenize, the system recognizes you as owner
Lots of art theft going on already
There could be a point where crypto could be viable ecologically, but why wait? let's just kill the planet now so a bunch of GPU farms in bumblefuck nowhere can be ground to dust just for some artificially inflated currency (though i guess thats redundant?)
Imagine a world (not real existing) in which every thing contains millions of nanobots who send out their encrypted ID so that every particle you eat, every particle you touch, every particle you breath can be tracked, can be owned, can be written a recipe for. This is the world capitalists want.
It's not stored on the blockchain, it's publicly accessible and you don't even own the rights to it.
They're basically making sure that the capitalists can colonize decentralized blockchain stuff before the poors can do anything without capitalists. Not that blockchain stuff will ever lead to anything useful.
Have to disagree, crypto currency is a dead end, but the underlying Blockchain tech is sound for use in other distributed/decentralised tech such has a secure voting system for example
Oh my god imagine the fucking impact in CO2 if every vote was an NFT transaction, I'm losing my mind.
Fair point, it would have to be employed has an alternative to 'parliaments' or referendums carried out physically by people traveling in fossil fuel consuming vehicles and other associated environmental impacts paper etc, rather than to ensure the authenticity of every Facebook poll
Even then, one NFT transaction has the electricity cost of a household use over a week. It's extremely inefficient. Driving to the polls is probably better for the environment, unbelievably.
The proposed voting systems I've seen have a lower transaction cost than bitcoin NFTs, but yeah without some concrete projections you could well be right, however I still maintain there are ways to employ a cryptographically secure decentralised proof of work system that won't fuck the environment
Such a grift. The rich won't do something stupid (and so well advertised) unless it's beneficial to their bottom line. In this case, there's gotta be some tax write off with the selling and purchasing of these.
Meanwhile, it is the fanboys of the rich that think this is cool and will end up spending their earned money on some of this stupid shit to try to copy the rich. The rich pretend that this is something they care about to trick other people into the grift that gets them additional money.
It's so sad.
