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MetaMask now has over 8M users

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Re: MetaMask now has over 8M users

#51

Post by omarfarooq »

keymone wrote: post #50
omarfarooq wrote: post #49

Earlier quoted context omitted.

The beginning of the path to transcending the invocation of strawmen, is to identify your own strawmen.

so why don't you? if you're unable to walk back the thread, i'll remind that you were the one who started straw-maning by assuming that i think chainsize alone is the problem with syncing a full node. stop making assumptions and start asking questions.

The irony deepens.

Walk back the thread yourself and notice my opening is a question.

You replied with a strawman disguised as a question instead of answering it.

Re: MetaMask now has over 8M users

#52

Post by keymone »

omarfarooq wrote: post #51
keymone wrote: post #50

Earlier quoted context omitted.

so why don't you? if you're unable to walk back the thread, i'll remind that you were the one who started straw-maning by assuming that i think chainsize alone is the problem with syncing a full node. stop making assumptions and start asking questions.

The irony deepens. Walk back the thread yourself and notice my opening is a question. You replied with a strawman disguised as a question instead of answering it.

ah yes, the "i only asked a question!" defense. immediately followed by "your question was dishonest!" hypocrisy. have a nice day.

Re: MetaMask now has over 8M users

#53

Post by omarfarooq »

keymone wrote: post #52
omarfarooq wrote: post #51

Earlier quoted context omitted.

The irony deepens. Walk back the thread yourself and notice my opening is a question. You replied with a strawman disguised as a question instead of answering it.

ah yes, the "i only asked a question!" defense. immediately followed by "your question was dishonest!" hypocrisy. have a nice day.

It was completely within your hands to avoid this, by answering the question.

Re: MetaMask now has over 8M users

#54

Post by Smithalicious »

TicklishTiger wrote: post #10

Is any one of these 8 million here? I would love to hear what people do with it.

I use it to hold a fair amount of my crypto holdings. I personally don't spend crypto particularly often but I have a friend who uses crypto whenever he can, if you go a bit out of your way you can do a lot of your purchases that way. The metamask UX is nice and pancakeswap integration is useful too. Wish it supported Solana.

Re: MetaMask now has over 8M users

#55

Post by panarky »

spaceman_2020 wrote: post #42
arcticbull wrote: post #2

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

It disappoints me that comments on crypto threads on HN have the same tone as NYTimes crypto articles. I would have expected this place to be more curious and less dismissive

> more curious and less dismissive

If a thing doesn't make sense to me, it must be that the thing is foolish, not that I lack understanding.

What's really foolish is thinking in linear, mean-reverting, zero-sum terms in the face of exponentially increasing knowledge and value.

Re: MetaMask now has over 8M users

#56

Post by panarky »

dheera wrote: post #31
arcticbull wrote: post #2

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

I tried to sell some AI-generated cat pictures and it didn't work. Nobody wanted to pay for it. I think some element of it is a famous person doing it, so the spending is associated with the person, not the URL to the art. Which basically means, if you're famous, you can get some free money from idiots.

> Nobody wanted to pay for it

Easy to solve with shill bidding to manufacture an illusion of demand and value.

Re: MetaMask now has over 8M users

#57

Post by arcticbull »

ramijames wrote: post #39
arcticbull wrote: post #2

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

You are entirely misunderstanding the purpose of NFTs. As a first-hand buyer, you are paying to act as a patron for artists/projects that you believe in. You enable those people to spend time producing more art that you like. This is a very interesting and valuable use-case in and of itself. I have recently started putting up my digital work and it is the first time in my life (41) that I can create unique works and…

> Don't poo poo what you don't really understand.

Don't assume anyone who disagrees with you doesn't understand haha. I'm quite familiar with the various narratives. I really do understand haha.

You can support artists without NFTs, obviously, people in many western cultures just don't want to support artists. The speculation is totally unrelated to supporting artists. There's something in it for them. That's more than likely money laundering plus a few lucky folks getting swept up in the speculation or manufacturing their own speculative demand in an illiquid market through wash sales.

If we look at the biggest most successful NFT project in recent weeks, BAYC, that was some dude who paid artists a few bucks on Fiverr then re-sold the resulting work for hundreds of millions of dollars. The artists got almost nothing, on Fiverr, it was the speculator who cashed in.

If you're interested in expanding your perspective, this podcast explores both sides - with an NFT artist and a crypto skeptic, who are friends IRL, discussing the market for an hour. It's a fairly balanced take for the most part, IMO. [1]

I can be a patron of artists I want to support with PayPal, Stripe or Patreon. That's been the case forever. That's not what this is about.

So... I regularly listen to both sides of the debate. Do you?

[1] https://open.spotify.com/episode/7KcZ8uZLre4Wuzj5Lf8JPc?si=y...

Re: MetaMask now has over 8M users

#58

Post by dheera »

panarky wrote: post #56
dheera wrote: post #31

Earlier quoted context omitted.

I tried to sell some AI-generated cat pictures and it didn't work. Nobody wanted to pay for it. I think some element of it is a famous person doing it, so the spending is associated with the person, not the URL to the art. Which basically means, if you're famous, you can get some free money from idiots.

> Nobody wanted to pay for it Easy to solve with shill bidding to manufacture an illusion of demand and value.

Is there a service that can shill bid for me? Well actually is there a service that can take any crap JPEG, post it as NFT, deal with all the PR, take half the profits and give me the other half?

Re: MetaMask now has over 8M users

#59

Post by panarky »

dheera wrote: post #58
panarky wrote: post #56

Earlier quoted context omitted.

> Nobody wanted to pay for it Easy to solve with shill bidding to manufacture an illusion of demand and value.

Is there a service that can shill bid for me? Well actually is there a service that can take any crap JPEG, post it as NFT, deal with all the PR, take half the profits and give me the other half?

If services like this exist, why wouldn't they keep 100% for themselves?

Re: MetaMask now has over 8M users

#60

Post by ItsMonkk »

puranjay wrote: post #44
ramijames wrote: post #39

Earlier quoted context omitted.

You are entirely misunderstanding the purpose of NFTs. As a first-hand buyer, you are paying to act as a patron for artists/projects that you believe in. You enable those people to spend time producing more art that you like. This is a very interesting and valuable use-case in and of itself. I have recently started putting up my digital work and it is the first time in my life (41) that I can create unique works and…

My wife had a conference yesterday that was initially going to be held in Berlin but because of the pandemic, happened entirely online. The conference organizers set up a virtual environment in Gather.town where your avatar could walk around a game-like virtual room and initiate conversations with people (over Zoom) by walking up to them. There were different rooms where you could attend different sessions. For my wi…

Gamers have been spending real money for proprietary "skins" for quite a while now. Epic makes billions on FortNite through such a system. But they are only able to charge such fees because they are in control of the system. They would never voluntarily give up that control if they could. Making the world that players choose to socialize in is where the hard work is.

Facebook is betting that the Metaverse is the next step. The Metaverse is already here, and it's called VRchat. There are millions of skins that chatters can use for free, though like early YouTube much of it is breaking copyright.

It takes real skill to create a skin, and if you want a custom skin there are people willing to pay for the creation of a skin that fits them. These custom jobs can take modelers tens to hundreds of hours sculpting and animating and they can charge thousands for their hardwork. This is all already happening.

That is to say, I see no reason that NFTs or cryptocurrency changes any of this. It's just false scarcity. The artists are already getting paid for their work.

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