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Charlie Bit My Finger video to be taken off YouTube after selling for £500k

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Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#152

Earlier quoted context omitted.

Yup. Especially since a lot of people have made gazillions in crypto for doing no labor so spending this sort of “funny money” as a lark is a frustratingly common occurrence.

Why must they do labor to earn money? If I mow lawns for a summer, then invest in a lawn mower which I then lease out to someone else to mow lawns, am I not entitled to the lease money because I'm not doing the labor? Investing the fruits of one's labor is widely considered a human right, and is even explicitly listed in the Declaration of Human Rights. And hedging ones investments with gold, silver, bonds or crypto…

Striking it rich on doge or whatever is still meaningfully different than investing in rentals.

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#153

I would describe myself, usually, as not a jealous man. I don't recollect the last time I've felt jealousy. But, something about NFTs provokes anger within me. Maybe that anger is jealously. It feels like NFTs are a mockery of the "market" for lack of a better word. When I think of what I would need to sell (items or time doing labor) to get these amounts and how incredibly useless NFTs actually are... It's frustrati…

I recently heard someone say "I'm not stupid enough to make money in this market", and I think it rings very true. With the short squeeze speculation on stocks, the crypto run+crash and NFT's. The market is a very confusing place nowadays. You'd have to be bonkers to invest in these things on paper, but yet, lot's of people are making bank from it every day (and vice versa). NFT is probably the most confusing of the…

So, I have been working on a very stupid idea for some time now, that actually started as a social fart sharing app, record your farts, etc.

Then, I needed a way to make sure people were actually sharing farts, and not other noises (like burps or dog barks).

So, ML to the rescue. Train on a corpus of real fart audio and other sounds.

But then, I needed to make sure the farts were not copies or derivative works.

So, audio fingerprinting.

Then, I figured why not throw in blockchain (does not need to be distributed to be able to use the buzzword), to ensure the verified, original farts could not be tampered with.

Now, I believe I have a way for anybody to create unique content that can be ‘converted’ into an NFT.

Investors?

Possibly you!

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#154

I would describe myself, usually, as not a jealous man. I don't recollect the last time I've felt jealousy. But, something about NFTs provokes anger within me. Maybe that anger is jealously. It feels like NFTs are a mockery of the "market" for lack of a better word. When I think of what I would need to sell (items or time doing labor) to get these amounts and how incredibly useless NFTs actually are... It's frustrati…

NFTs are like the modern day equivalent of Tracy Emin’s unmade bed [0] It’s funny to think back at how many people were horrified about that being considered “art” at the time. Compared to {what I see as} the complete lack of *actual value* in some of these high profile NFTs, I’d say that bed now looks like the highest of high art. I appreciate I might be missing something, but I do not understand one bit of the psyc…

And how about Duchamp’s Fountain and Piero Manzoni’s Artist’s Shit:

https://en.wikipedia.org/wiki/Fountain_(Duchamp)

https://en.wikipedia.org/wiki/Artist%27s_Shit

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#155

Earlier quoted context omitted.

I recently heard someone say "I'm not stupid enough to make money in this market", and I think it rings very true. With the short squeeze speculation on stocks, the crypto run+crash and NFT's. The market is a very confusing place nowadays. You'd have to be bonkers to invest in these things on paper, but yet, lot's of people are making bank from it every day (and vice versa). NFT is probably the most confusing of the…

So, I have been working on a very stupid idea for some time now, that actually started as a social fart sharing app, record your farts, etc. Then, I needed a way to make sure people were actually sharing farts, and not other noises (like burps or dog barks). So, ML to the rescue. Train on a corpus of real fart audio and other sounds. But then, I needed to make sure the farts were not copies or derivative works. So, a…

Someone already beat you to it https://nypost.com/2021/03/18/nyc-man-sells-fart-for-85-cash...

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#156

I would describe myself, usually, as not a jealous man. I don't recollect the last time I've felt jealousy. But, something about NFTs provokes anger within me. Maybe that anger is jealously. It feels like NFTs are a mockery of the "market" for lack of a better word. When I think of what I would need to sell (items or time doing labor) to get these amounts and how incredibly useless NFTs actually are... It's frustrati…

I recently heard someone say "I'm not stupid enough to make money in this market", and I think it rings very true. With the short squeeze speculation on stocks, the crypto run+crash and NFT's. The market is a very confusing place nowadays. You'd have to be bonkers to invest in these things on paper, but yet, lot's of people are making bank from it every day (and vice versa). NFT is probably the most confusing of the…

From what I saw most of these really big NFT sales are going to the same few people.

I think some people have just gotten very very crypto rich over the past year or two and this is just something they are spending their money on.

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#157

Earlier quoted context omitted.

I recently heard someone say "I'm not stupid enough to make money in this market", and I think it rings very true. With the short squeeze speculation on stocks, the crypto run+crash and NFT's. The market is a very confusing place nowadays. You'd have to be bonkers to invest in these things on paper, but yet, lot's of people are making bank from it every day (and vice versa). NFT is probably the most confusing of the…

So, I have been working on a very stupid idea for some time now, that actually started as a social fart sharing app, record your farts, etc. Then, I needed a way to make sure people were actually sharing farts, and not other noises (like burps or dog barks). So, ML to the rescue. Train on a corpus of real fart audio and other sounds. But then, I needed to make sure the farts were not copies or derivative works. So, a…

...do you take personal checks?

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#158
post #94

Earlier quoted context omitted.

You can't turn a real Van Gogh into a NFT. If anything the actual painting is the real life NFT to the image that is public domain on the internet. By destroying an original you own you are just burning money. And by doing that, you will also piss off pretty much everyone on the planet, and no one will want that (digital) NFT. In fact, I wouldn't want to take that shameful NFT even if you paid me for it.

I would rather not leave it to chance. If there aren't regulations yet, they should pass some ASAP. It didn't matter how many millions of people cared about Cecil the lion; it still took just one rich asshole for him to lose his life. https://en.wikipedia.org/wiki/Killing_of_Cecil_the_lion

I feel what your talking about is a non issue. Now, I think NFT is all a scam but I do believe that people think they can make money out of it.

NFTs are for digital artworks, it is an artificial way to create scarcity. A physical painting is already scarce. Burning an actual Van Gogh would be like burning down a house and saying it's okay because the deeds to the house are fine.

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#159

Earlier quoted context omitted.

I am more bewildered as I try to figure out where the value is coming from. An NFT as far as I can tell is just saying 'yes I own this thing'. But the original creator still owns everything really relevant about that thing anyway. What are they buying? Are there any relevant resources out there that lay out where the value is derived?

As near as I figure, it's not even 'yes I own this thing'. It's 'I own the NFT that refers to that thing', which only happens to connote ownership by convention. IE... somebody could sell the object and keep the NFT, or vice versa. There's no legal concept tying the NFT to ownership of the object, except perhaps indirectly via contract.

William Shatner is working with a startup that actually has a legal framework around NFTs, where the NFT denotes ownership of a collectible in a vault. You can trade the NFT around but the current owner can redeem it and take delivery of the physical item.

It's similar to what's been done in the high-end art world for years. People who buy a $50M painting don't usually hang it on their walls, they just leave it in a vault and get their name recorded on a public art registry saying they own it.

Seems like a similar legal framework granting NFT owners either copyright ownership or a usage license could be interesting.

Re: Charlie Bit My Finger video to be taken off YouTube after selling for £500k

#160
post #142

Earlier quoted context omitted.

It's righteous anger at a waste of resources and critical lack of understanding. NFTs aren't commodities or assets, they're just conspicuous consumption. Dramatically showing off how much money a person can waste on an illusion is cringe-worthy. It makes me annoyed in the same way pay-to-play games annoy me.

Agreed, and it's a very weird type of conspicuous consumption. You can't really hang the NFT on your wall, or drive up to a fancy dinner in an NFT. I guess you can brag about it?

Don't they have a trophy wall in Instafachatwiktok?

They should.

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