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WallStreetBets members adopt 3,500 gorillas in six days

bbc.co.uk

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Re: WallStreetBets members adopt 3,500 gorillas in six days

#171

Post by dmos62 »

nonameiguess wrote: post #153
BelleOfTheBall wrote: post #99

Earlier quoted context omitted.

When a momma gorilla and a papa gorilla love each other very much... (and significant resources are dedicated to keeping them safe, content and ready to procreate, which is what I'm assuming Reddit has achieved.)

Okay, I laughed at this, but unfortunately gorilla mating is quite a bit more brutal than this, more like an aspiring young alpha discovers the last alpha has grown old and weak, murders him, then murders all of the children as well, enslaves the gorilla women, and periodically rapes them. All he really offers in return is he'll keep other up and comers from murdering their new babies until he also grows too old and…

> But yeah, basically it's love.

Okay, I only giggled at the first one, but I laughed at this one.

Re: WallStreetBets members adopt 3,500 gorillas in six days

#172

Post by X6S1x6Okd1st »

IgorPartola wrote: post #136
groby_b wrote: post #133

Earlier quoted context omitted.

Uh... Selling a single token? 8.7MWh[1] That's slightly less than the average US household consumes in a year. [1] https://www.wired.com/story/nfts-hot-effect-earth-climate/

Has there been any movement in the crypto world (that isn’t just creating new coins) towards switching algorithms such that BTC et al don’t use proof of work anymore?

Bitcoin is extremely resistant to change.

Ethereum is what all the articles about costly NFTs are written about. The proof of stake (low energy consumption) chain is already live and the proof of work chain will is scheduled to be shut down in 2 years. Faster if the miners try to revolt

Re: WallStreetBets members adopt 3,500 gorillas in six days

#174

Post by curiousllama »

s1artibartfast wrote: post #163
edoloughlin wrote: post #53

Earlier quoted context omitted.

Can someone get busy wrapping endangered species as NFT's and direct the funds accordingly' Can't help but wonder how much habitat is destroyed by the generation of a token.

Just make a NFT with pen and paper

"Buy this sticky note it'll save the whales"

Re: WallStreetBets members adopt 3,500 gorillas in six days

#175

Post by doomslice »

dieortin wrote: post #155
doomslice wrote: post #151

Earlier quoted context omitted.

Stellar ( https://stellar.org/ ) uses a novel Byzantine agreement protocol ( https://www.stellar.org/papers/stellar-consensus-protocol?lo... ) which practically eliminates it in comparison. It is also insanely cheap (like $1... and even that is just "held" in the account and can be released later) to "mint" a new coin and thus is practically perfect for NFTs. It's seen as sort of a joke in the crypto world by those w…

Stellar is centralized though, so it completely misses the point.

Anyone can participate in consensus, but you do have to be trusted by someone else who already participates in the trusted consensus, so you're right that it's not completely decentralized (but is also not strictly centralized either).

Here's a current visualization of how many participants there are: https://stellarbeat.io/

Re: WallStreetBets members adopt 3,500 gorillas in six days

#176

Post by IanCal »

groby_b wrote: post #133
tarsinge wrote: post #84

Earlier quoted context omitted.

Not that much compared to other direct or indirect causes.

Uh... Selling a single token? 8.7MWh[1] That's slightly less than the average US household consumes in a year. [1] https://www.wired.com/story/nfts-hot-effect-earth-climate/

I think that was for 6 and for running the auction.

Re: WallStreetBets members adopt 3,500 gorillas in six days

#177

Post by vmception »

nradov wrote: post #131
vmception wrote: post #95

Earlier quoted context omitted.

And how many countries of energy does the other financial system use, for comparison?

That wouldn't be a valid comparison. There's a lot more to the other financial system than just currency and payments. Even if hypothetically the whole world adopted Bitcoin we would still need most parts of the other financial system.

what would be a valid comparison?

my conclusion so far is that a lot of things use as much power as entire countries, but this unit of measure is a higher standard created specifically for bitcoin, and I'm waiting to see otherwise.

Re: WallStreetBets members adopt 3,500 gorillas in six days

#178

Post by jonathanstrange »

beervirus wrote: post #140
TeMPOraL wrote: post #62

Earlier quoted context omitted.

Well, if the evil side can exploit this phenomenon to great success (e.g. drone strikes allowing to kill people halfway across the world, and making it feel like playing a video game from 1990s), why can't the good side? We can despair about the nature of man all we want, but if in the meantime, we can get rich people here to spend a lot of money on helping people far away, that's still a huge net benefit for the wor…

Is it really evil to use drones to kill evil people?

Yes, because these are extrajudicial killings with high death tolls and serious injuries for bystanders.

Suppose China, Russia, or the EU would conduct drone strikes on US soil but only target evil people such as Donald Rumsfeld, who is known to have ordered torture and initiated a war under false pretense. However, many bystanders including women and children would be killed as well. Would you be against it?

I would be against that, no doubt about it.

Re: WallStreetBets members adopt 3,500 gorillas in six days

#179

Post by TigeriusKirk »

scotty79 wrote: post #92
tudorw wrote: post #48

Earlier quoted context omitted.

Can someone get busy wrapping endangered species as NFT's and direct the funds accordingly, timing seems about right...

NFT doesen't work like that. After minting it has nothing to do with the initial cause. It could work if they released and auctioned new NFT for each gorilla periodically.

An NFT could work like that, though. There's nothing stopping someone from writing an NFT smart contract that directs a percentage (of any size, including 100%) of future sales to the initial cause.

The NFT standard itself is quite basic, nearly every NFT people talk about are controlled by smart contracts that expand on the standard.

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