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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

#191

Post by mgerullis »

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?

It’s so funny for people to have this concept of "evil" as if that were axiomatic.

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

#192

Post by mgerullis »

victorp13 wrote: post #63

Generic question: I see a lot of news articles stating that WSB has "10 million members". Does being a 'member' go beyond clicking the 'join' button on that subreddit? If so it's more like a 'follow this channel', isn't it?

If you don’t have a certain number of karma points you cannot even post there, I guess the largest part there is only lurking.

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

#193

Post by thebean11 »

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/

Creating a token does not consume any additional energy. Transaction volume does _not_ scale with mining so it's a really bad comparison.

The energy is spent to secure the network regardless of how many transactions are processed (in practice, transaction volume is pretty much fixed in terms of "bytes of transactions")

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

#194

Post by hrvTGKFyDyko3aK »

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.

You can create NFTs which programmatically collect royalties on each sale [0]. This royalty could be used for continued conservation efforts. I don't know much about programming smart contracts but I think one could be programmed such that if it isn't transferred within a certain period of time it could be burned the next time the user tries to transfer it.

[0] https://rarible.com/create/erc721

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

#195

Post by flimflamm »

skohan wrote: post #24

Just to put this in perspective, the global population of mountain gorillas is 1,063, so this represents the symbolic adoption of over 3 times the mountain gorillas alive in the wild! I hope this unexpected boon in capital will allow for some meaningful work in preserving and protecting these rare animals. It would be an interesting footnote in history if we can look back in 50 years and draw a line between an intern…

I think this adoption on non-existent gorillas is perfectly in line with over shorting positions with Game stop stocks.

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

#196

Post by s1artibartfast »

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/

This assumes that climate change/ CO2 is a significant impact on the gorilla populations.

In reality, bushmeat consumption, logging, farming, and mining are the main drivers or gorilla population losses.

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

#198

Post by checker »

dmschulman wrote: post #103
TLightful wrote: post #71

Allocate some of that to a Harambe memorial. The rest to habitat nurturing and protection.

This is pretty much what they're already doing. It's all a throwback to a meme. Meme "investors" turned meme "philanthropists"

Harambe is definitely a factor. But it's probably primarily related to the somewhat recent, self-deprecating meme of calling themselves "monkes"/apes (implying some acknowledgement that they are less "sophisticated" investors than traditional retail or institutional). I'm kind of glad to see this new meme because the older self-deprecating memes were pretty insensitive and made it easier to paint the crowd as malicious.

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

#199

Post by reaperducer »

blfr wrote: post #66
skohan wrote: post #28

Earlier quoted context omitted.

"adoption" is the terminology used by the foundation, and symbolic adoption is a known quantity in this type of operation so I don't have a problem with it. However referring to wallstreet bets users as "investors" does seem like a bit of a misnomer...

"Adoption" is fine on the foundation website with context. Here my first thought was that this is some crazy Tiger King scenario.

Here my first thought was that this is some crazy Tiger King scenario.

Some people see "animal adoption" and think about how you can sponsor a critter at your local zoo.

Some people see "animal adoption" and see hillbilly tailer park side show TV shows.

I guess it's all in your life experiences.

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

#200

Post by AnIdiotOnTheNet »

hrvTGKFyDyko3aK wrote: post #188
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.

Etherum will be PoS in like 2 years.

Just in time for fusion power.
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