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

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

#171

Post by iamacyborg »

spapas82 wrote: post #166
iamacyborg wrote: post #114

Earlier quoted context omitted.

The original you see today isn’t the original that would have been seen immediately after it was painted. Mona Lisa is pretty crap anyway, if you ever find yourself in the Louvre, look at what’s hung on the opposite wall. Now that is an impressive painting.

In case anyone wonders which is the painting... http://www.worldsbestpaintings.net/artistsandpaintings/paint...

There’s a very good book written about it’s history which was published recently.

https://thamesandhudson.com/napoleons-plunder-and-the-theft-...

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

#172

Post by sydd »

lupire wrote: post #112
vba616 wrote: post #80

Earlier quoted context omitted.

Yes, of course. Just like you can create anything, and license it as you wish, and keep a list of authorized licensees on https://en.wikipedia.org/wiki/Punched_tape . The NFTs are better because...

NFT provides a decentralized way to transfer the ownership in a globally visible way. Look, I hate cryptoc, but this is about the one thing in the whole world that NFT is actually good for.

Ownership of what? A random SHA string? Or the data in the NFT? Which has some laughably small size (a few KBs)

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

#174

Post by Animats »

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

Overview of copyright transfer.[1]

Full copyright transfer and licensing are not the same thing. The BAYC terms seem to be a sale of an instance of the Art, with a limited nonexclusive license to the intellectual property. An exclusive license is considered a transfer, but this isn't one. If you got an exclusive license, nobody else, including BAYC or OpenSea, could display the Art without your permission until the copyright runs out. BAYC didn't give up that much.

It's not clear that BAYC images are copyrightable in the US, because they are procedurally generated from templates. That will probably be litigated at some point.

There's an interesting trade dress question. Suppose you fed a supply of BAYC images into a machine learning system and had it crank out similar images. Does Yuga Labs have any claim against you?

[1] https://www.intellectualpropertylawfirms.com/resources/intel...

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

#175

Post by colinsane »

hnthrow1010 wrote: post #87
Uptrenda wrote: post #56

Earlier quoted context omitted.

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.

>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. It is because blockchains cannot actually be used to do any of those cool tech things in any meaningful way. If you try to build any of those things on top of a blockchain you will realize quickly that blockchains are bad solution. The o…

> It is because blockchains cannot actually be used to do any of those cool tech things in any meaningful way.

today we have both of the things which GP mentions as being under development 9 years ago, so this part is seemingly false.

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

#176

Post by hnthrow1010 »

colinsane wrote: post #175
hnthrow1010 wrote: post #87

Earlier quoted context omitted.

>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. It is because blockchains cannot actually be used to do any of those cool tech things in any meaningful way. If you try to build any of those things on top of a blockchain you will realize quickly that blockchains are bad solution. The o…

> It is because blockchains cannot actually be used to do any of those cool tech things in any meaningful way. today we have both of the things which GP mentions as being under development 9 years ago, so this part is seemingly false.

No, what you're leaving out is that they work just fine without blockchains. The addition of blockchains just makes them worse.

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

#177

Post by ajross »

bhtru wrote: post #69
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…

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.

> The tech even then seemingly worked for you then

Only because they trusted each other! I mean, any currency or barter mechanism anywhere in the world or throughout history works if you trust the person to pay you tomorrow.

BTC was supposed to be able to move beyond that, somehow. And it turns out that the world still runs on trust.

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

#178

Post by Gigachad »

gkoberger wrote: post #168
tracerbulletx wrote: post #162

Earlier quoted context omitted.

You could if they changed the wording of the license being transferred.

Okay, so they don't actually already do it, but they could do it. How would you keep track of who currently has ownership? How do you make sure I don't sell ownership to 5 people, or keep using it myself? Do I need to hire a lawyer each time? Yes, this can be done without the blockchain. But also, does it matter to you if the code is in SQL or the blockchain? The blockchain is just a technology. (I do think the envir…

Ultimately these are problems that just do not need solving. There is no real world use case to sell and transfer ownership of a stock photo multiple times.

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

#179

Post by el-salvador »

rglover wrote: post #158
clpm4j wrote: post #59

Earlier quoted context omitted.

That just means poor people are dividing their already limited resources to buy a fraction of something that they can't use to pay for rent, food, and clothing. If you can only afford to buy a fraction of something, then you can't afford it.

That's rapidly changing. Considering that Bitcoin has the potential to help more than it hurts (developing countries don't have to plan growth at the barrel of a Western gun), there's an incentive to start moving in the direction of making it a standard. See Central African Republic and El Salvador. Countries are waking up to the mafia operation that is the IMF and its favorite weapon, the dollar. Because it's still…

> See Central African Republic and El Salvador. Countries are waking up to the mafia operation that is the IMF and its favorite weapon, the dollar.

I'm not an economist, but doesn't the IMF use a basket of currencies called SDRs instead of dollars? And isn't the IMF owned by member countries?

Interestingly, El Salvador still owns more IMF shares than Bitcoin.

- El Salvador Bitcoin: 49million USD after compunding for -53% losses [2]

- El Salvador IMF shares: 402 million USD (207 million SDRs) [1]

[1] https://www.imf.org/en/About/executive-board/members-quotas

[2] https://nayibtracker.com/

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

#180

Post by colinsane »

hnthrow1010 wrote: post #176
colinsane wrote: post #175

Earlier quoted context omitted.

> It is because blockchains cannot actually be used to do any of those cool tech things in any meaningful way. today we have both of the things which GP mentions as being under development 9 years ago, so this part is seemingly false.

No, what you're leaving out is that they work just fine without blockchains. The addition of blockchains just makes them worse.

earlier you said blockchains cannot do these things. now you’re saying that blockchains aren’t the best for these tasks. pick one or the other and stick to it. don’t confuse things by claiming one point and then going on to argue a different point.
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