Honesty, who wouldve seen this coming?

  • widuqind [she/her]
    ·
    4 years ago

    this is awesome. i hope hundreds of millions of dollars get dumped into NFTs and then it all just gets deleted. money shredded from existence

  • D61 [any]
    ·
    4 years ago

    Update: looks like I can’t get my NFTs back. Even though fraud has been confirmed and I know exactly where my NFTs are sitting at this very moment.

    Hacker wins. Secondary market purchaser wins. I lose.

    Going to explore other options if I can. Doesn’t sit right with me.

    ... I just... I don't... I can't....

    :cat-confused:

    • femboi [they/them, she/her]
      ·
      4 years ago

      The system designed specifically to prevent any regulatory oversight or transaction cancellation won’t let you take your money back from the thief? Who could have seen this coming?

    • happybadger [he/him]
      ·
      4 years ago

      https://twitter.com/hillaryclinton/status/631538115514007553?lang=en

      How does your student loan debt make you feel? Tell us in 3 emojis or less.

      I'd buy this one so that I could legally use it as the cover art for a What is to be Done? reprint.

    • mwsduelle [he/him]
      ·
      4 years ago

      No, you see, these bits and bytes are totally mine. I have this certificate that says so.

      ctrl-c, ctrl-v

      Brooo, wtf, that's illegal, you can't fucking do that

    • wantonviolins [they/them]
      ·
      4 years ago

      I understand the perspective that artists working in digital mediums deserve the fruits of their labor and completely free availability of their work can end up with them not getting anything.

      But NFTs are a blatantly cynical scam trying to bolt the worst aspects of the physical art world onto digital art in a plot to extract artificial speculative value for a secondhand market of wealthy investors. The real problem with artists not getting paid is that the commodification of art has created a cutthroat, unsustainable environment and rendered the art itself worthless, the only value left is in speculation. The real problem is capitalism.

      • wantonviolins [they/them]
        ·
        4 years ago

        Only then the server that the exchange was hosted on would sell for millions as the physical endpoint of the art piece

        It’s like that auction where the painting shredded itself and ended up more valuable as a result, only even dumber

    • eduardog3000 [he/him]
      ·
      edit-2
      4 years ago

      lmao it doesn't even affect the actual art, it's basically a certificate saying you totally own it bro.

      • wantonviolins [they/them]
        ·
        4 years ago

        so it’s like a deed? Except not a real deed, a deed in one of those cartoons where somebody can crack your safe and steal the physical paper deed and suddenly they own your house

        real deeds don’t work like that because that’s patently absurd

        • eduardog3000 [he/him]
          ·
          edit-2
          4 years ago

          It's as real as Bitcoin, because it's pretty much the same technology.

          Edit: at best it's a dumb way to buy a license to use a copyrighted work.

          • wantonviolins [they/them]
            ·
            4 years ago

            Oh I’m extremely well versed in blockchain tech and how horrible and dumb it is, I’m just dunking on the fragility of the system for anything outside of grey market goods and money laundering.

    • Grownbravy [they/them]
      hexagon
      ·
      4 years ago

      I wish I was enrolled in a High Level Art Program, because I just want to steamroll clowns who though an NFT Art Market made any sound sense.

      I've got plenty to say about the Art Market as is. It's very needlessly exclusive, and it's only exclusive for the sake of demanding more money on works, which then demand more money but never on the merits of the work itself, but the market perpetuating speculative value and making a bubble. It sucks.

  • Wojackhorseman2 [he/him]
    ·
    edit-2
    4 years ago

    Has anyone informed the hacker and secondary market purchaser that this violates NAP

      • Wojackhorseman2 [he/him]
        ·
        4 years ago

        Good point. It’s always just to purchase things with money regardless of context. :ancap-good:

  • livingperson2 [he/him]
    ·
    4 years ago

    Schadenfreude intensifies.

    Shit's dumb and I'm glad he got ripped off. I truly hope this happens over and over until the whole system collapses.

    • GnastyGnuts [he/him]
      ·
      4 years ago

      Yeah, this NFT/ cryptoart bullshit disgusts me, fuck all of the people involved. The planet itself suffers so these idiots can profit from completely artificial scarcity, so they deserve to suffer in kind.

  • MelaniaTrump [undecided]
    ·
    4 years ago

    bro that ain't nothin

    in 1999 jessie from the street over stole a beanie baby at my house during a sleepover

    • Cloudx189 [comrade/them]
      ·
      4 years ago

      Reminds me I took a DeLorean from a kids pile of toys. I had none and figured they weren't as appreciative of it considering the cultural significance of that movie.

    • Galli [comrade/them]
      ·
      4 years ago

      This is meaningfully different from when it was in his account in plain sight, somehow.

  • solaranus
    ·
    edit-2
    1 year ago

    deleted by creator

  • protochud [comrade/them]
    ·
    4 years ago

    love how now that these crypto fucks are extending their system into the real world, they're quickly learning the value of the state in upholding private property