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I appreciate your response, but dude, you're just performing mental gymnastics that avoids saying, "NFTs solve nothing". In Kanban and Lean systems management,

I appreciate your response, but dude, you're just performing mental gymnastics that avoids saying, "NFTs solve nothing". In Kanban and Lean systems management, NFTs and crypto provide zero value to the producer or the consumer. Nothing is gained through the extra hoops. Want to "sponsor" an artist, how is an NFT any better than mailing them a five dollar bill or sending them $5 through paypal? The "someone takes a cut" argument is null because someone is always going to get a cut no matter the system and that includes NFT. What does the NFT do special? Does it magically make the $5 dollars spent a $10 dollar bill without the need for market speculation? Because then it's smarter to just gift the artist a treasury bond or gamestop stock at that point. But again, most people don't like "gifting". They prefer buying prints or do-dads from the artist. Something they can get to mess with or decorate. An NFT is just... eh? It's as unique as naming a blank text file a random 32bit hash. Sure, it's got a unique name that's probably never existed in all of time like a 7-times shuffled deck of cards... but so what? There's a ledger that says you "have" that unique string which gives you the ability to... say you have it? Yea, venues and artists make rules for the nature of their performances. Why can't they? "You buy a ticket, you can't resell it." I wonder why they would do that... OH RIGHT! Because assholes with a fuckton of money would just buy out all the tickets to a popular concert (like the '05 The Killers concert in Tampa... fucking bastards, I'm still angry over that shit) and resell them at triple the price so poor fans/teens can't attend! You think maybe those pesky venues are not just protecting their own wallets but making sure the average schmuck isn't screwed out of participating in events? This is why I absolutely hate crypto folks. You have zero clue how or why the rules are in place in our current systems. After smoking a bowl, you skim a few manifestos and, "I know it all maaaaan." Ten minute youtube cartoons can't teach you about, "The truth to money". You keep saying it provides value to people. Where? Do you know what that means? Adding value means it's solving some sort of problem in a way that can't be done in other, simpler means. It's another one of those $400 over engineered juicers that squeezed a pre-juiced pouch into a glass. Pouches that could be hand squeezed faster than the machine could. That's not value. That's mental masturbation. An Ethereum NFT transaction, one transaction, single, is 60 kWh: https://digiconomist.net/ethereum-energy-consumption https://digiconomist.net/ethereum-energy-consumption That's no 5 pennies. That's 2 days worth of average household energy usage. PoW and PoS are energy hogs, get out of your cult. The cult of crypto is a, "I don't like the old players had a headstart to the game. I'm changing the rules for me." Yea, it sucks. Millennial here. Fresh in the job market and the economy raw dogged us all. Grow up. For one, the wannabe new system is flawed and unsustainable already. This push is so damn disingenuous of, "there are no problems, everything is perfect, this is the way" it's far more sinister that the archaic system. A generation will go by and they're going to want to ruin the new system because they weren't apart of the last "wealth redistribution". No great revolution really helped the poor in history. They just transferred power from one set of assholes to another. The honeymoon period is when the most poor people suffer. Why am I mad? I got real angry too when those bastards with a dehumidifier in Hawaii won an XPrize purse on "solving" water supply issues in arid African countries. Now, it only works in a select few, high humidity locales that are better served cheaper and faster with a well and water purifier. Perhaps I'm sick of good tech and ideas being passed up for venture capital because con artists gallivant around with their bullshit "I'm going to change the world for a better place. All you have to do is give me lots of money and not question me." We all want to scream and cry about how no one is putting money in research that "matters". Yea, well, $70m for an alphanumeric string that amounts to fake... it's not even ownership or anything. You can't call it ownership. It's literally nothing. You get nothing. This is the most outrageous con, I swear. Maybe I'm just pissed I didn't make up this con myself or this is going to sideline the greats like Victor Lustig. Crypto was also claimed to help the poor obtain wealth. Yea, well $70m goes a long way on buying bags of rice and wheat to feed the poor. Would have been better spent that way.

Rule35 6y ago
> "NFTs solve nothing" Now they don't. I just don't agree that the space is forever worthless. > An Ethereum NFT transaction, one transaction, single, is 60 kWh: Sure, because it's a PoW blockchain. And because the price skyrocketed so people are dumping unreasonable amounts into mining for a chain that's so limited. There's definitely an Eth bubble considering it's price/usefulness ratio. > PoW and PoS are energy hogs, get out of your cult. How would proof-of-stake be an energy hog? > Because assholes with a fuckton of money [...] fucking bastards, I'm still angry over that shit[...] triple the price so poor fans/teens can't [...] pesky venues are not just [...] making sure the average schmuck isn't screwed out of participating in events? Lol no, I do not think that Tickermaster has any concern for the concert-goer. Not at all. Nothing they do actually prevents scalping. I know scalpers and they hate the idea of leaving paper tickets because they know it'd be the end of them. And as I said, venues could prevent or limit resale with tokens if they wanted to. > This is why I absolutely hate crypto folks. You have zero clue how or why the rules are in place in our current systems. Yeah, because there's no way I've been to concerts, and had drinks with a Ticketmaster co-founder, and know venue owners and musicians, etc. I must be some to-be-sneered-at ingenue who's never heard of the industry he's discussing. > Adding value means it's solving some sort of problem in a way that can't be done in other, simpler means. It's another one of those $400 over engineered juicers that squeezed a pre-juiced pouch into a glass. Pouches that could be hand squeezed faster than the machine could. That's not value. That's mental masturbation. Paper tickets with ever-fancier watermarks are the masturbation. It's an arms race with a profit motive because you will lose. What you need to do is use the state of the technology to solve identity and authenticity issues. (No, Eth and BTC are not state of the art.) > Want to "sponsor" an artist, how is an NFT any better than mailing them a five dollar bill or sending them $5 through paypal? The NFT isn't the point, the ~$5 is. I have crypto and I can send it to my favorite artist with no hassle, literally less than logging into Paypal, so I might as well. The NFT is a weird extra people are playing with now that's essentially just an autograph. That's all, and anyone saying otherwise probably doesn't understand or has a profit motive in not understanding. Eventually they might be useful for something like tickets, but now it's just a silly novelty. Like that stuff that PBS sends you when you donate. > The "someone takes a cut" argument is null because someone is always going to get a cut no matter the system and that includes NFT. What does the NFT do special? Technically the government is a middleman to cash payments like Paypal is a middleman for donations. The difference is that Kickstarter, Paypal, and Visa have both cut off valid recipients because of unreasonable complaints but the government doesn't block my favorite artist from receiving cash. Eth is kinda like cash here, once I have it I can do whatever I want with it but with even less restrictions. > The cult of crypto is a, "I don't like the old players had a headstart to the game. I'm changing the rules for me." The cult is optional and the mantra is a personal thing. But actually, I can't really morally justify requiring anyone to toe the line in an unfair system. If you can reinvent it to suit yourself, why shouldn't you? It's not like the one we have was gifted by god. > No great revolution really helped the poor in history. They just transferred power from one set of assholes to another. Revolutions, sure. Because they're all based on the lie that the government is here to help. (Not the current government, but the one we will enact!) That's obviously a lie because the government is just us and if we wanted to help each other we wouldn't need a government to make us. "Crypto" is much more honest though. It is what it is and if you don't want unforgeable tokens you simply don't want cryptocurrency. > Why am I mad? I got real angry too when those bastards with a dehumidifier in Hawaii won an XPrize purse on "solving" water supply issues in arid African countries. But that was a lie. It didn't do what was claimed. Cryptocurrency is 100% wysiwyg. > Now, it only works in a select few, high humidity locales that are better served cheaper and faster with a well and water purifier. No, that idea wouldn't have worked under a waterfall. It was a total scam. Like perpetual motion machines. > Perhaps I'm sick of good tech and ideas being passed up for venture capital because con artists gallivant around with their bullshit VCs aren't a charity. If they invest it's not the bullshit save-the-world story, it's because they think it'll make money. If they didn't invest in the bullshit they still wouldn't invest in the idealogical proposal. > "I'm going to change the world for a better place. All you have to do is give me lots of money and not question me." Nobody would give that story money. If a VC tells you they funded that they're simply trying to cover up what they were really thinking at the time. > We all want to scream and cry about how no one is putting money in research that "matters". None of the NFT money would be going to research as the second option. > Yea, well, $70m for an alphanumeric string that amounts to fake... Worthless, not fake. It is what it is, it's just that both of us think what it is isn't worth anything. But I don't collect autographs so what do I know? > it's not even ownership or anything. If you want bragging rights then it is. "I'm the first person who sponsored McArtist. Yay me." > You can't call it ownership. It's literally nothing. You get nothing. When you buy a Gucci handbag you do have a physical product, but you buy it for the intangible benefit of having been seen carrying a branded product. You could lose the bag and retain the status, but you can't insure that value, or transfer it. You buy the bag for a benefit you can't actually own. And yet fancy goods makers have a ton of happy customers. More even that quality-goods makers. > This is the most outrageous con, I swear. Maybe I'm just pissed I didn't make up this con myself There's still time. Con the true believers, they don't have a defense mechanism.

Rule35 6y ago

> "NFTs solve nothing" Now they don't. I just don't agree that the space is forever worthless. > An Ethereum NFT transaction, one transaction, single, is 60 kWh: Sure, because it's a PoW blockchain. And because the price skyrocketed so people are dumping unreasonable amounts into mining for a chain that's so limited. There's definitely an Eth bubble considering it's price/usefulness ratio. > PoW and PoS are energy hogs, get out of your cult. How would proof-of-stake be an energy hog? > Because assholes with a fuckton of money [...] fucking bastards, I'm still angry over that shit[...] triple the price so poor fans/teens can't [...] pesky venues are not just [...] making sure the average schmuck isn't screwed out of participating in events? Lol no, I do not think that Tickermaster has any concern for the concert-goer. Not at all. Nothing they do actually prevents scalping. I know scalpers and they hate the idea of leaving paper tickets because they know it'd be the end of them. And as I said, venues could prevent or limit resale with tokens if they wanted to. > This is why I absolutely hate crypto folks. You have zero clue how or why the rules are in place in our current systems. Yeah, because there's no way I've been to concerts, and had drinks with a Ticketmaster co-founder, and know venue owners and musicians, etc. I must be some to-be-sneered-at ingenue who's never heard of the industry he's discussing. > Adding value means it's solving some sort of problem in a way that can't be done in other, simpler means. It's another one of those $400 over engineered juicers that squeezed a pre-juiced pouch into a glass. Pouches that could be hand squeezed faster than the machine could. That's not value. That's mental masturbation. Paper tickets with ever-fancier watermarks are the masturbation. It's an arms race with a profit motive because you will lose. What you need to do is use the state of the technology to solve identity and authenticity issues. (No, Eth and BTC are not state of the art.) > Want to "sponsor" an artist, how is an NFT any better than mailing them a five dollar bill or sending them $5 through paypal? The NFT isn't the point, the ~$5 is. I have crypto and I can send it to my favorite artist with no hassle, literally less than logging into Paypal, so I might as well. The NFT is a weird extra people are playing with now that's essentially just an autograph. That's all, and anyone saying otherwise probably doesn't understand or has a profit motive in not understanding. Eventually they might be useful for something like tickets, but now it's just a silly novelty. Like that stuff that PBS sends you when you donate. > The "someone takes a cut" argument is null because someone is always going to get a cut no matter the system and that includes NFT. What does the NFT do special? Technically the government is a middleman to cash payments like Paypal is a middleman for donations. The difference is that Kickstarter, Paypal, and Visa have both cut off valid recipients because of unreasonable complaints but the government doesn't block my favorite artist from receiving cash. Eth is kinda like cash here, once I have it I can do whatever I want with it but with even less restrictions. > The cult of crypto is a, "I don't like the old players had a headstart to the game. I'm changing the rules for me." The cult is optional and the mantra is a personal thing. But actually, I can't really morally justify requiring anyone to toe the line in an unfair system. If you can reinvent it to suit yourself, why shouldn't you? It's not like the one we have was gifted by god. > No great revolution really helped the poor in history. They just transferred power from one set of assholes to another. Revolutions, sure. Because they're all based on the lie that the government is here to help. (Not the current government, but the one we will enact!) That's obviously a lie because the government is just us and if we wanted to help each other we wouldn't need a government to make us. "Crypto" is much more honest though. It is what it is and if you don't want unforgeable tokens you simply don't want cryptocurrency. > Why am I mad? I got real angry too when those bastards with a dehumidifier in Hawaii won an XPrize purse on "solving" water supply issues in arid African countries. But that was a lie. It didn't do what was claimed. Cryptocurrency is 100% wysiwyg. > Now, it only works in a select few, high humidity locales that are better served cheaper and faster with a well and water purifier. No, that idea wouldn't have worked under a waterfall. It was a total scam. Like perpetual motion machines. > Perhaps I'm sick of good tech and ideas being passed up for venture capital because con artists gallivant around with their bullshit VCs aren't a charity. If they invest it's not the bullshit save-the-world story, it's because they think it'll make money. If they didn't invest in the bullshit they still wouldn't invest in the idealogical proposal. > "I'm going to change the world for a better place. All you have to do is give me lots of money and not question me." Nobody would give that story money. If a VC tells you they funded that they're simply trying to cover up what they were really thinking at the time. > We all want to scream and cry about how no one is putting money in research that "matters". None of the NFT money would be going to research as the second option. > Yea, well, $70m for an alphanumeric string that amounts to fake... Worthless, not fake. It is what it is, it's just that both of us think what it is isn't worth anything. But I don't collect autographs so what do I know? > it's not even ownership or anything. If you want bragging rights then it is. "I'm the first person who sponsored McArtist. Yay me." > You can't call it ownership. It's literally nothing. You get nothing. When you buy a Gucci handbag you do have a physical product, but you buy it for the intangible benefit of having been seen carrying a branded product. You could lose the bag and retain the status, but you can't insure that value, or transfer it. You buy the bag for a benefit you can't actually own. And yet fancy goods makers have a ton of happy customers. More even that quality-goods makers. > This is the most outrageous con, I swear. Maybe I'm just pissed I didn't make up this con myself There's still time. Con the true believers, they don't have a defense mechanism.