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At the Bored Ape restaurant, your ApeCoin is no good now

latimes.com

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Re: At the Bored Ape restaurant, your ApeCoin is no good now

#121

Post by charwalker »

gkoberger wrote: post #75
crooked-v wrote: post #50

Earlier quoted context omitted.

> BAYC transfers ownership of IP. Does it, though? > Subject to your continued compliance with these Terms, Yuga Labs LLC grants you a worldwide, royalty-free license to use, copy, and display the purchased Art, along with any extensions that you choose to create or use, solely for the following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplace that permits the purchase and sale o…

You posted the "Personal Use" section of their terms, and intentionally cut out what comes before and after it. For anyone curious to read the full terms, they're here: https://boredapeyachtclub.com/#/terms

Can I mint the terms as an NFT or is that recursive?

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#122

Post by kgwgk »

dhosek wrote: post #38
fortzi wrote: post #13

Earlier quoted context omitted.

BTC is an official currency in San Salvador, which is arguably indeed a failed state. I’d argue, though, that it’s just another symptom of the reasons which made it a failed state in the first place (populism, corruption, etc.)

San Salvador is a different country from El Salvador, just for the record.

San Salvador is not a country - it’s a city. The capital of El Salvador.

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#123

Post by deadbunny »

lupire wrote: post #101
jboggan wrote: post #53

Reminds me of a time that I played a Bitcoin poker game at some Google VP's place up in the hills with Charlie Lee and a few other early crypto luminaries in 2014. It took us over an hour to figure out sending BTC to the "buy-in" pot because most of us had 2FA enabled on our Coinbase accounts and the cell reception was so bad at that we couldn't get our confirmation texts. We ended up writing IOUs on a sheet of paper…

I'd like to hear more stories of the antics of these "luminaries".

"crypto luminaries" using Coinbase...

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#124

Post by arcturus17 »

doopy1 wrote: post #81
emilsedgh wrote: post #55

Earlier quoted context omitted.

Crypto does solve a few real world issues (fast, global, cheap, secure, anonymized transfer of value). But it seems that some people thought it fixes the "i want to get rich fast" problem, and was bloated as a result. It was never meant for that problem.

No realistic takes on crypto allowed on HN, you might get banned.

The idea that crypto solved "fast, global, cheap, secure, anonymized transfer of value" is not "realistic" - it's preposterous.

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#125

Post by phabricator »

What are the numbers here?

This was intended as a 90-day pop-up, and they reported there were few crypto transactions even before the crash. ApeCoin already wasn't a huge part of this.

The entrepreneur plans another restaurant and is already selling NFTs for it. Their involvement with Yuga Labs was minimal. Bun B paid for the burgers.

Is it possible the entrepreneur still turned a healthy profit? Or that was killed in the crash?

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#126

Post by hkgjjgjfjfjfjf »

Uptrenda wrote: post #56
choward wrote: post #15

> Perhaps that was what Nguyen was thinking when he spent more than $330,000 on the various ape NFTs on display at his restaurant. Wow. I can't imagine what anyone is thinking when they pay that much to brag about some random blockchain that says they own an arbitrary URL that may or may not link to an image.

It works fine with actual art but I've yet to see an NFT comparable to say: the Mona Lisa. When I got into the blockchain space ~9 years ago I would have never imagined years later people would be going crazy over pictures of jpegs. People used to discuss amazingly cool tech stuff: like SSL oracles or privacy-preserving payment protocols. Now it's all about what the price is and moronic NFTs. It's embarrassing.

No post body was provided.

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#127

Post by giaour »

doopy1 wrote: post #82
nikanj wrote: post #32

Earlier quoted context omitted.

Fully anonymous global ransomware would be really hard without cryptos. Monetizing hacked boxes would be much tougher if you could not turn them into Monero miners.

It's not fully anonymous even WITH crypto. They have call centers. Banning crypto won't make ransomware go away, it will just increase the cost of ransom.

> Banning crypto won't make ransomware go away, it will just increase the cost of ransom.

That must be why ransomware demands were so much higher in the pre-bitcoin era. Unless you're including the cost of sending a cargo jet full of cash or gold halfway around the world?

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#128

Post by arcticfox »

blahblah123456 wrote: post #76
bhtru wrote: post #69

Earlier quoted context omitted.

That's more on simply poor cell service if anything at all though no? The tech even then seemingly worked for you then. Your anecdotal is comparable to saying students at a college not being able to add one another on Facebook in it's early days, because the campus Wi-Fi was on the fritz.

Yes, but in real life blame doesn't matter. What matters is the alternative (a hardwired credit card terminal or cash) would've worked, and this didn't.

I mean, if the wifi didn't work the credit card terminal likely might not have either. I've had issues tons of times in remote places with credit card readers.

And cash is cash, but I don't think crypto is really competing with cash, more with cash-alternatives (like credit cards, venmo etc.)

Re: At the Bored Ape restaurant, your ApeCoin is no good now

#130

Post by phabricator »

nikanj wrote: post #32
rejor121 wrote: post #22

Nobody could see this coming! Lol Seriously, crypto has yet to solve any real world problems I’ve faced. And NFTs are just the worst. Money laundering schemes at best. If I can’t buy an apple easily with crypto, it’s useless.

Fully anonymous global ransomware would be really hard without cryptos. Monetizing hacked boxes would be much tougher if you could not turn them into Monero miners.

It wasn't that hard. Payment was in pre-paid credit cards.
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