Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

latimes.com

Post reply on HN
Print view View original

221–230 of 253 posts

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

#221

Post by alar44 »

g_hn_liaison wrote: post #219
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…

> We ended up writing IOUs on a sheet of paper. I imagine that the ancient version of this story is exactly how money began in the first place. "Man, it was just too hard to coordinate who got how many cows for the rocks, we just wrote a bunch of IOUs"

Yep, crop futures. People wanted the security of procuring food for next season before it was harvested.

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

#222

Post by 0des »

altncatchfire wrote: post #200
0des wrote: post #151

Earlier quoted context omitted.

Ah my phone doesn't have apps, that makes sense though.

Not to sound snarky but which phone do you carry that doesn't have apps in 2022 but does have WiFi?

its just a dumb-phone you get at the grocery store. it makes calls and does texts, but in some cases you pay per text.

edit: am i getting downvoted for not having a smart phone or for asking a dumb question? i cant tell what i've done wrong here, I'm just not a phone person.

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

#223

Post by nkrisc »

gkoberger wrote: post #196
nkrisc wrote: post #187

Earlier quoted context omitted.

At least Mickey Mouse has some cultural significance. Does anyone give a shit about these ape cartoons beyond the fact they’re NFTs?

Look at the parent article. The person quoted didn’t know what BAYC was; he went a few times a week because he liked the vibe. Mickey had been around since 1928. I don’t think we’ll care about BAYC, specifically, but I do think it’s premature to say no NFT-based project will ever have any significant cultural impact. Almost every human on the planet knows who Mickey Mouse is, and one corporation benefits. Aren’t you…

I mean, Disney could sell the rights to Mickey if they wanted to, no NFT necessary.

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

#224

Post by quantified »

cypress66 wrote: post #115
dhosek wrote: post #36

Earlier quoted context omitted.

But that was the original promise of crypto currency, that it would replace cash and checks and credit cards for all transactions. It was based on a lot of ignorance about how money actually works, but that was the claim way back when. I had a manager back in 2007–8 whose wife had a bakery that accepted Bitcoin as payment and he was a big crypto advocate. I could tell back then that all the claims made no sense. What…

> But that was the original promise of crypto currency, that it would replace cash and checks and credit cards for all transactions. Some fanatics may have claimed that. But the bitcoin whitepaper itself says that traditional payments are good enough for most cases (and then enumerates cases where it's not, such as if you want non reversible transactions).

Some fanatics have pushed their views far though. They get the reporters who need a story and write things that get clicks.

Fanatics are major proselytizers for any movement.

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

#225

Post by LeafItAlone »

arcturus17 wrote: post #118
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.

> Crypto does solve a few real world issues (fast, global, cheap, secure, anonymized transfer of value). I pay people from Argentina to Ukraine and there are myriad ways I can transfer them money quickly (seconds, sometimes), cheaply (down to fractions of cent on the dollar) and securely without resorting to crypto. I have no need for total anonymity but from what I hear crypto is not great on that front, either.

Can you share your methods of doing this? I’m naive and unfamiliar with payments that are settled in seconds and also fractions of a cent to conduct, but would like to learn.

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

#226

Post by Dylan16807 »

colinsane wrote: post #180
hnthrow1010 wrote: post #176

Earlier quoted context omitted.

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.

If integrating a blockchain makes it worse, then I think it's fair to say that you're not "in any meaningful way" using a blockchain to make it happen.

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

#227

Post by knorker »

ceejayoz wrote: post #210
knorker wrote: post #110

Earlier quoted context omitted.

But nothing guarantees that the seller of the NFT, the current holder of the NFT, is also the current copyright holder. It's basically completely disconnected, so while the transfers may traditionally be done at the same time between the same entities, that's not a contract. The NFT just gives you a Blockchain url. If you didn't sign anything else then you got nothing else.

In the case of BAYC specifically, though, the contract guarantees that. https://boredapeyachtclub.com/#/terms > When you purchase an NFT, you own the underlying Bored Ape, the Art, completely. > Subject to your continued compliance with these Terms, Yuga Labs LLC grants you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Com…

> you own the underlying Bored Ape, the Art, completely.

No, you just have a license to use it according to a license. That's very clearly "not owning".

It's something, but it's not owning.

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

#228

Post by sizzle »

cratermoon wrote: post #192
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.

> The original you see today Exactly proving my point. A $15 print of the Mona Lisa makes it look good. In truth, the painting is suffering from deterioration, the poplar panel is warped, the columns that used to frame her are missing, and restoration has obscured some details. A print doesn't convey the physicality of the cracked, rough surface of the paint, the sfumato technique, the almost total lack of visible br…

Wow do you have an art background, really enjoy how you described design elements in detail.

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

#229

Post by logifail »

arcticfox wrote: post #128
blahblah123456 wrote: post #76

Earlier quoted context omitted.

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.)

> credit card terminal likely might not have either

There's a process for taking the details for an offline credit card payment[0] which is settled later.

[0] https://aviation.stackexchange.com/questions/8322/how-are-cr...

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

#230

Post by prvit »

logifail wrote: post #229
arcticfox wrote: post #128

Earlier quoted context omitted.

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.)

> credit card terminal likely might not have either There's a process for taking the details for an offline credit card payment[0] which is settled later. [0] https://aviation.stackexchange.com/questions/8322/how-are-cr...

Bitcoin also lets you sign transactions offline, which the recipient can broadcast next time they have an internet connection.

A wire transfer is really a more apt comparison when discussing sending money from Coinbase.

Post reply on HN