Blockchain NFT Hate Thread

[arrall]

NFTs in their current form seem like the 21st-century equivalent of tulip bulbs. They are (of course) excellent for money laundering and have great potential in theoretical use cases like event tickets and video game items. Despite this, I see little use for them based on how they are currently used (as links to usually stolen JPEG files) and I see absolutely no reason to “invest” in them.

 

[Electrum1]

 

[Jabberwocky]

yep. its the tech version of the emperors new clothes.....

meanwhile, our fuel prices have just jumped 50% and that is BEFORE accounting for the impact of the russia-ukraine war, a whole new segment of society is choosing between heating and eating. so fucking sunak has shit he could be doing, but he is doing this:

Rishi Sunak asks Royal Mint to launch non-fungible token

Rishi Sunak has asked the Royal Mint to launch a non-fungible token (NFT) as part of plans to turn Britain into a “global cryptoassets hub”. NFTs are digital fi

www.thetimes.co.uk

fml this is more embarassing than brexit.

 

[Electrum1]

 

[negrogesic]

I spent 300 ETH on an NFT. It was pretty cool until i saw some kid walk down the street with the same image on his t-shirt. (Just a joke.)

 

[fromuponpoppyhill]

I have No Fucking Time for NFTs. It's just an expensive Nothing, For Twats.

 

[G_Chem]

The comparison to the tulip craze is spot on. I find these things fascinating to watch nonetheless. Also allows for the ones with their heads screwed on right to get ahead.

-GC

 

[Snafu in the Void]

‘Jack Dorsey’s First Tweet’ NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280

Crypto entrepreneur Sina Estavi bought Twitter founder Jack Dorsey’s first-ever tweet as an NFT for $2.9 million last year. He listed the NFT for sale again at $48 million last week.

www.coindesk.com

‘Jack Dorsey’s First Tweet’ NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280​

Crypto entrepreneur Sina Estavi bought Twitter founder Jack Dorsey’s first-ever tweet as an NFT for $2.9 million last year. He listed the NFT for sale again at $48 million last week.​

he bought it for 2.9 million and it auctioned for $280

LMAOOOOOOOOOOOOOOOOOOOOO

 

[Jerry Atrick]

Buy high, sell low. That's what I always do 8(

 

[Jabberwocky]

Buy high, sell low. That's what I always do 8(

if you wanna throw money away then i'm happy to give you my bank details

 

[Electrum1]

 

[Electrum1]

"The official Bored Ape Yacht Club Instagram account has been hacked and millions worth of NFTs have reportedly been stolen"

BAYC Instagram and Discord Hacked: Over $13 Million in NFTs Stolen

Few have fallen prey to an attack that appears to be a fake mint link sent out to Bored Ape Yacht Club (BAYC) followers.

watcher.guru

 

[Snafu in the Void]

Madonna: ‘A lot of thought’ went into fully nude NFTs of her giving birth to centipedes

“I wanted to investigate the concept of creation, not only the way a child enters the world through a woman’s vagina, but also the way an artist gives birth to creativity,” the artist explained.

www.al.com

Madonna created a series of NFTs of her fully nude giving birth to such things as centipedes, butterflies and trees.........

Of course she did. I swear, this woman does almost anything to remain relevant.

 

[Opi_Kid_Rock]

Greater Fool Theory at work.

 

[jasperkent]

Welcome to New York City! Might I interest you in an NFT of the Brooklyn Bridge?

 

[arrall]

Welcome to New York City! Might I interest you in an NFT of the Brooklyn Bridge?

I'll take 10. Make sure to Fedex them over!

 

[Electrum1]

 

[Jerry Atrick]

I do think I read recently of 3D printed houses.

 

[nznity]

U really have to b fkn stupid to buy an NFT.

 

[Las Veghost grower]

I still don’t understand where the value comes from, so you “own” the code but anybody can copy past it ? Seems to me like a way for people to move/wash money