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€2.6M spent for a book at auction, believed they would own the IP

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Re: €2.6M spent for a book at auction, believed they would own the IP

#191
post #63
post #52

Earlier quoted context omitted.

> Because the book remains on-chain, the book does not die, but crosses the boundary of physical to digital. It reminds me of the video game SOMA, where people upload a brain-scan of themselves to live on after some catastrophe, essentially making a digital copy of their consciousness. But because they are also still physically alive, they see the digital version of themselves as a clone, someone else. To "complete t…

SOMA was brilliant. That moment in particular I think was really thrilling, it made me consider some pretty fundamental questions about consciousness in a totally absurd setting. The setting I think helped isolate the core questions really well I felt. Trying not to spoil it by discussing it, if anyone hasn't yet you really should try it, it's a really unique experience in gaming and that's hard to come by these days…

You may enjoy Returnal as well. In terms of an experience you can't replicate in other mediums.

Re: €2.6M spent for a book at auction, believed they would own the IP

#192

Earlier quoted context omitted.

>If it stops being hosted it disappears The same thing applies to blockchains. If no one is hosting it, you can't download it.

Sure but ipfs hosting etc rely on one or a few hosts; if you use a blockchain like btc, at least it is vast and that means someone will be hosting at least until btc reaches $0.

not necessarily. BTC has UTXO (unspent transaction output), whereas ETH has proper accounts and the money is a property of the account.

so if any of these chains only want to focus on sending/storing money (or simply address the evergrowing size of the chain), then they can start purging the old transactions from the ledger.

(yes, ETH has smart contracts, but it's not impossible to imagine that ETH will start charging gas for upkeep of that data, and when the smart contract runs out of upkeep it gets deleted.)

Re: €2.6M spent for a book at auction, believed they would own the IP

#193
post #149

Earlier quoted context omitted.

The language and behaviour is consistent with the cant generally spoken by the crypto community. It's a similar idea to /r/wsb/ and does the job of identifying insiders while keeping outsiders out.

Not supporting crypto one way or another. But EVERY technical industry is full of jargon. "Did you verify that the RVSM system was talking to the FMS after completing the JIC during the RON?" - Aviation "Are you sure the packets are flowing on UDP? Can someone check the CAT6?" - Simple networking Etc. So I wouldn't say the jargon is constructed solely to keep outsiders out.

It's not only jargon, because a lot of it is used as watchwords or shiboleths.

Re: €2.6M spent for a book at auction, believed they would own the IP

#195
post #158

For most of human history, people have lived in small, local information bubbles which were hard to penetrate with facts from the outside world. We see this manifest as the pre-industrial global patchwork of weird and wonderful religious/spiritual/cultural variety. Then somehow the world started to join up and information began to seep into local cultures and sweep away a lot of these pre-rational beliefs. And for a…

Are there any books written about this phenomenon?

Re: €2.6M spent for a book at auction, believed they would own the IP

#196
post #114
post #68

This is, obviously, silly. There are a lot of silly cryptostuff. Silliness aside though, this highlights a point to me. Methods of organising are (1) very important (2) relatively undiverse (3) hard to create out of whole cloth. The creation/ascendance of "modern" joint stock companies circa 1600 was (arguably) responsible for some serious revolution. The 90s produced some very interesting examples: GNU, Linux, Wikip…

The fact that cryptocurrency schemes like DAOs allow people to raise vast sums of money in very short spaces of time with no evidence of anyone involved having the ability, skills or even intention of delivering anything, seems to be fundamentally flawed to me. It seems that you are only going to attract dreamers who want to be able to get rich really quickly without having to do anything much, and I wouldn't have th…

SPAC does the same. See also the Nikola story (the fraudulent electric vehicle company).

Re: €2.6M spent for a book at auction, believed they would own the IP

#197
post #172

Earlier quoted context omitted.

Did you actually read the post? They propose to put it on-chain, and even say > [O]ur NFT collection could very possibly become the largest on-chain collection ever in the history of Ethereum. Time would only be on our side because as gas becomes more expensive, the window of opportunity to bypass our on-chain NFT collection would fade away.

Remember that this is from the people that believe buying a book gives them the IP rights to the work (should have bought a Harry Potter book). They may not have thought it all the way through. To give an idea of the storage costs associated, I dug up this old stackexchange-answer about storage costs on Ethereum [0], which estimates that it costs about 76.000 USD / GB stored. Note that this is 5 year old answer, so t…

Oh, no-one here is claiming that their idea makes any financial (or technological) sense, just that their idea is indeed storing it on the blockchain.

Re: €2.6M spent for a book at auction, believed they would own the IP

#198
post #158

For most of human history, people have lived in small, local information bubbles which were hard to penetrate with facts from the outside world. We see this manifest as the pre-industrial global patchwork of weird and wonderful religious/spiritual/cultural variety. Then somehow the world started to join up and information began to seep into local cultures and sweep away a lot of these pre-rational beliefs. And for a…

I think it's access to broadcast media. When access to broadcast media was heavily gatekept, the official reality bubbles were few and strengthened everywhere. Now everyone has it, there can be far more bubbles. I also hope that we're in a transitional time as people get used to the new technology. I'm sure that it took people a while to understand how much they should believe newspapers or not when they first came a…

> Now everyone has it, there can be far more bubbles.

Yeah, I feel like this is the issue. I've heard the theory that in the past, every village had a village idiot. The internet has enabled all these village idiots to find each other and to broadcast their idiocies. They feel strengthened in finding like-minded people and feel vindicated in their beliefs.

Due to the size of the group and how vocal they are, they're now also pulling in people who might have previously ignored the village idiot because everyone else did.

Re: €2.6M spent for a book at auction, believed they would own the IP

#199
post #12

> 1. Make the book public (to the > extent permitted by law) Extra dumb: A big chunk of it is already online. https://photos.google.com/share/AF1QipNGBuasYa_WETf7sF6Q9W3S... Seems like NFT logic in reverse, lol

> Extra dumb: A big chunk of it is already online Let's not pretend some low quality jpegs in a Google Photos album is an acceptable archive for this work.

Eh, that's the DAO's plan too. Just substitute the blockchain for Google Photos. They're even sticking with JPEGs as well.
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