John Cleese Sells the Brooklyn Bridge as an NFT

Post by andybak » Sun, Mar 21, 2021, 11:39 PM UTC

ori_b wrote: post #258

andybak wrote: post #230

Earlier quoted context omitted.

See my other comments throughout this thread. We have many fictions we indulge in about authenticity and value. NFTs are a new fiction. They might even be dumber than other currently accepted fictions. But the discussion is "which of these fictions is the most stupid?" rather than "NFTs are stupid". We are already a long way from genuine utility or intrinsic value and into the realms of social consensus and value-thr…

Sure. They have value because people will pay. I still suspect most people think they're getting an exclusive license for a piece of artwork, and not a bit of performance art. They almost certainly believe that the goods pointed to by the token are non-fungible. Not that they have a non-fungible reference to a fungible good.

Post by echelon » Sun, Mar 21, 2021, 11:40 PM UTC

samatman wrote: post #263

Igelau wrote: post #247

Earlier quoted context omitted.

> A NFT is just a baseball card It's more like a pointer to a JPEG of a baseball card.

This is like describing a baseball card as a low-quality reproduction on cheap cardstock of an original photo. Personally, I don't care for baseball cards, I value them about as much as the paper they're printed on. But collectors like them, so if I found one (I dunno, dropped in its sleeve into a tip jar?), I'd check if someone else wanted to pay for it before I started using it as a bookmark. Same deal with NFTs. T…

Post by dilyevsky » Sun, Mar 21, 2021, 11:45 PM UTC

koonsolo wrote: post #105

wrs wrote: post #27

Given there’s a $50k bid for this, I can’t decide if the joke backfired, or succeeded brilliantly. It’s a no-lose proposition for Cleese, I guess!

This is already a famous NFT. "Remember when John Cleese sold the Brooklyn Bridge? Look, I have that NFT that he sold!". Heck, I would even pay money for that. First of all for the bragging rights, and second of all because I'm sure plenty of people would pay for it. But $50k is a bit over my budget ;). But in no way am I surprised that there is somebody out there that wants to pay this amount. If anyone is surprised…

Post by legostormtroopr » Sun, Mar 21, 2021, 11:46 PM UTC

qeternity wrote: post #264

drcode wrote: post #261

Earlier quoted context omitted.

NFTs are a mechanism for transferring money from rich people to artists who are not rich. Isn't this something you should support, given your stated beliefs?

If you think this is what’s happening in reality, then I have a bridge to sell you...

Post by Invictus0 » Sun, Mar 21, 2021, 11:49 PM UTC

jamiek88 wrote: post #252

dleslie wrote: post #244

There are children going hungry at school, people with trivial to fix but prohibitively expensive medical issues, and silicon valley millionaires are spending more than many will make in a year by purchasing bullshit. Shit's on fire, yo.

> Shit's on fire, yo. Let them eat cake. Can anyone else hear the guillotines being sharpened? Seriously though this obscene inequality can only lead one place, and we were lucky that they were morons on January 6th and not organized properly. Ironically the revolution will be stoked by those first up against the wall in the name of engagement . It won’t be televised but it will be on Instagram.