6 ms·

nft enthusiasts are not the sharpest tools in the shed

pavlov 3y ago
Crypto on the whole is a scene where Sam Bankman-Fried was considered very smart while he was busy conducting the most inept financial crimes in modern history. The bar is low indeed.
- dangerboysteve 3y ago
  The NFT grift is the truest example of the Greater fool theory.
  - dreamcompiler 3y ago
    The Gnon-Fungible Token (GFT).
    - selimthegrim 3y ago
      The ??? is there but not the profit.
- rpigab 3y ago
  "was"? You don't understand how loyal his followers are.
- hanniabu 3y ago
  You do know tradfi has had it's share as well, right? Enron? Madoff?
- mandmandam 3y ago
  We - humans - could have had digital money - fast and fee-less, micro-transactions, decentralization, secure, anti-spam. Everything Bitcoin claimed to want to be. Instead we - the tech community - got smug about scams. People here get smug even toward the victims of scams. The attitude has been 'Who gives a flying fuck about the details of any crypto tech, or the potential of digital money'. 'It's all a scam, so I don't have to learn anything about it'. The baby got thrown out with the bathwater. The people working on actually good crypto have nothing to do with SBF. The only way in which they're affected by this is the extent to which they get tarred with the same brush. Edit: Y'all proving my point. You really don't see that? ... Look at how many of these responses lack table-stakes domain knowledge, missed the point, lack all imagination, and yet have a condescending tone. It's wild.
  - ryandvm 3y ago
    Mmm. Maybe. It's still not clear to me that you can have a decentralized, P2P verification network that can handle anywhere near worldwide transaction volume. It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy".
    - southerntofu 3y ago
      A decentralized P2P verification network is not hard. What's hard is building a global consensus to order these transactions, and there's not really a satisfying solution to that problem. > It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy". The same could be said about cash but that's an important aspect of life. Whether we're talking about drugs (like cannabis or shrooms) or getting an abortion, there's quite a few things you may not like to be confronted about by your local police.
      - JohnFen 3y ago
        > The same could be said about cash but that's an important aspect of life. But there are a ton of very obvious uses for cash aside from for things that are illegal. I use it every single day.
        southerntofu 3y ago
        Sure, but that's true also with cryptocurrencies. You can make donations to non-profits / free-software with them, or acquire hosting services (web/dns/vps/vpn). I don't think technology is neutral in the general sense, but money (whether cash of cryptocurrencies), much like a pen and paper, is the kind of tool you can use for the best and worst purposes and there's not any way to change short of an orwellian dystopia.
        JohnFen 3y ago
        > that's true also with cryptocurrencies To a much lesser degree. I wouldn't be able to use cryptocurrencies for any of the things I use cash for. But that wasn't what was being asserted. The original assertion was "It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy"." The same thing cannot be said of cash. (I don't agree with the assertion I quoted, to be clear. Aside from buying illegal goods, it's good for evading banking regulations and fees, but that's neither here nor there.)
ceejayoz 3y ago
"Not the brightest bulbs" was right there.
- tanseydavid 3y ago
  Bravo -- well-played!!!
- otikik 3y ago
  Hey now.
- 404mm 3y ago
  Thank you! Also possible candidates: A few watts short of a lightbulb. Their lights are on but nobody’s home.
  - TeMPOraL 3y ago
    People there were definitely some half a micrometer short of seeing the light.
  - DonHopkins 3y ago
    One taco short of a combination plate.
    - davidw 3y ago
      "A few fries short of a happy meal"
  - forty 3y ago
    In french, we have "they are not not the sharpest knives of the drawer" but my favorite one is "he is not the penguin who slides the furthest" :D On the light related ones, I only know "they are not lights" which is a bit to bare bones to my taste, but works well in french
    - lobochrome 3y ago
      I hope I can remember that one.
hanniabu 3y ago
You could tell the difference in UV wavelengths just by looking at them, or rather not by looking at them. I wish I was as smart and cool as you.
philipwhiuk 3y ago
they were looking kinda dumb with the laser carving an L in their forehead
- kbmr 3y ago
  RIP

Crypto on the whole is a scene where Sam Bankman-Fried was considered very smart while he was busy conducting the most inept financial crimes in modern history. The bar is low indeed.

dangerboysteve 3y ago
The NFT grift is the truest example of the Greater fool theory.
- dreamcompiler 3y ago
  The Gnon-Fungible Token (GFT).
  - selimthegrim 3y ago
    The ??? is there but not the profit.
rpigab 3y ago
"was"? You don't understand how loyal his followers are.
hanniabu 3y ago
You do know tradfi has had it's share as well, right? Enron? Madoff?
mandmandam 3y ago
We - humans - could have had digital money - fast and fee-less, micro-transactions, decentralization, secure, anti-spam. Everything Bitcoin claimed to want to be. Instead we - the tech community - got smug about scams. People here get smug even toward the victims of scams. The attitude has been 'Who gives a flying fuck about the details of any crypto tech, or the potential of digital money'. 'It's all a scam, so I don't have to learn anything about it'. The baby got thrown out with the bathwater. The people working on actually good crypto have nothing to do with SBF. The only way in which they're affected by this is the extent to which they get tarred with the same brush. Edit: Y'all proving my point. You really don't see that? ... Look at how many of these responses lack table-stakes domain knowledge, missed the point, lack all imagination, and yet have a condescending tone. It's wild.
- ryandvm 3y ago
  Mmm. Maybe. It's still not clear to me that you can have a decentralized, P2P verification network that can handle anywhere near worldwide transaction volume. It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy".
  - southerntofu 3y ago
    A decentralized P2P verification network is not hard. What's hard is building a global consensus to order these transactions, and there's not really a satisfying solution to that problem. > It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy". The same could be said about cash but that's an important aspect of life. Whether we're talking about drugs (like cannabis or shrooms) or getting an abortion, there's quite a few things you may not like to be confronted about by your local police.
    - JohnFen 3y ago
      > The same could be said about cash but that's an important aspect of life. But there are a ton of very obvious uses for cash aside from for things that are illegal. I use it every single day.
      - southerntofu 3y ago
        Sure, but that's true also with cryptocurrencies. You can make donations to non-profits / free-software with them, or acquire hosting services (web/dns/vps/vpn). I don't think technology is neutral in the general sense, but money (whether cash of cryptocurrencies), much like a pen and paper, is the kind of tool you can use for the best and worst purposes and there's not any way to change short of an orwellian dystopia.
        JohnFen 3y ago
        > that's true also with cryptocurrencies To a much lesser degree. I wouldn't be able to use cryptocurrencies for any of the things I use cash for. But that wasn't what was being asserted. The original assertion was "It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy"." The same thing cannot be said of cash. (I don't agree with the assertion I quoted, to be clear. Aside from buying illegal goods, it's good for evading banking regulations and fees, but that's neither here nor there.)

ceejayoz 3y ago

"Not the brightest bulbs" was right there.

tanseydavid 3y ago
Bravo -- well-played!!!
otikik 3y ago
Hey now.
404mm 3y ago
Thank you! Also possible candidates: A few watts short of a lightbulb. Their lights are on but nobody’s home.
- TeMPOraL 3y ago
  People there were definitely some half a micrometer short of seeing the light.
- DonHopkins 3y ago
  One taco short of a combination plate.
  - davidw 3y ago
    "A few fries short of a happy meal"
- forty 3y ago
  In french, we have "they are not not the sharpest knives of the drawer" but my favorite one is "he is not the penguin who slides the furthest" :D On the light related ones, I only know "they are not lights" which is a bit to bare bones to my taste, but works well in french
  - lobochrome 3y ago
    I hope I can remember that one.

hanniabu 3y ago

You could tell the difference in UV wavelengths just by looking at them, or rather not by looking at them. I wish I was as smart and cool as you.

philipwhiuk 3y ago

they were looking kinda dumb with the laser carving an L in their forehead

kbmr 3y ago
RIP