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Bored Ape conference attendees wake up with eye pain, vision loss

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Re: Bored Ape conference attendees wake up with eye pain, vision loss

#301

Post by pauselaugh »

JohnFen wrote: post #190
southerntofu wrote: post #180

Earlier quoted context omitted.

Sure, but that's true also with cryptocurrencies. You can make donations to non-profits / free-software with them, or acquire hosting services (web/dns/vps/vpn). I don't think technology is neutral in the general sense, but money (whether cash of cryptocurrencies), much like a pen and paper, is the kind of tool you can use for the best and worst purposes and there's not any way to change short of an orwellian dystopi…

> that's true also with cryptocurrencies To a much lesser degree. I wouldn't be able to use cryptocurrencies for any of the things I use cash for. But that wasn't what was being asserted. The original assertion was "It's also not obvious to me that cryptocurrencies have value beyond "buying things you're not allowed to buy"." The same thing cannot be said of cash. (I don't agree with the assertion I quoted, to be cle…

the two core, dare i say intrinsic, values of cryptocurrency are 1) immutable, public ledger requiring no single point of authority and 2) that authority having zero bias or regulatory oversight on any transaction outside of its protocol.

1's value being a traceable permanent record and 2's value is no direct stepping in between a transaction or control over a holding.

both of those, to many skeptics, are actually negatives and give more control and power to sovereign entities, not less.

i am not including the pseudoanonymity of it for two reasons, 1) depending on the crypto, currently the level of sophistication to transact in a manner that any given address cannot personally identify you requires massive amounts of personal responsibility / knowledge and most importantly to most people, effort and 2) because the major way the current digital fiat channels handle the transaction volumes that they do is that they're built on a foundation of authentication linking to personal identification, and so the theorycraft of "sure it has a huge ecological footprint but it could replace the many-many-many times larger ecoprint of the entire fiat banking system" is disingenuous to me because in order to actually replicate that, any main network would be a duplicate of the current authentications backed by men with guns, it would just allow that sidechannel of p2p to have it's wild west.

i do find it a touch humorous that those who want to shatter the fiat-police complex are quick to engage the legal system to protect and recoup from bad actors.

Re: Bored Ape conference attendees wake up with eye pain, vision loss

#302

Post by meepmorp »

quickthrower2 wrote: post #252
LelouBil wrote: post #199

Earlier quoted context omitted.

Wait what, I thought it was at least the hash of the image or something.

It could be. I don't know about the ERC for NFTs and I can't be bothered to read it, but in theory just store the IPFS address for the image. In reality though it is an implementation detail. An NFT is just a coloured coin, and derives it's value from someone else thinking they can buy it and sell it on to someone else / OR some kind of bragging rights value, i.e. I can afford $100k on X useless thing (e.g. watch, go…

> I can afford $100k on X useless thing

Pretty sure the X useless thing was $44 billion.

Re: Bored Ape conference attendees wake up with eye pain, vision loss

#304

Post by asadotzler »

stu2b50 wrote: post #188
Yadayadaaaa wrote: post #162

Earlier quoted context omitted.

Why not? Its called Schadenfreude and tbh the amount of NFT or Crypto scams, garbage and co people had to endure the last years is horrendes. Its one thing to state in a comment that you shouldn't use NFT or crypto, but unfortunate we are not discussing banning them activly.

I think being into NFTs and crypto makes you a fool. But I do not think fools should suffer vision damage, or that they deserve harm on them.

Fools alone, maybe deserving of some sympathy. Greedy get-rich-quick fools who derided everyone not participating in the scam, nah, no sympathy from me, none at all.

Re: Bored Ape conference attendees wake up with eye pain, vision loss

#306

Post by eru »

rainsford wrote: post #272
endgame wrote: post #263

Earlier quoted context omitted.

> That's why I think the cryptobro angle is relevant to the story That's an interesting perspective, and reminds me a bit of the "libertarian paradise" at the end of http://bitsim.beepboopbitcoin.com/ . But the fact that it's framed more as a dunk than as genuine sympathy for those affected reminds me of other anti-crypto reporting like "Line Go Up" ( https://www.youtube.com/watch?v=YQ_xWvX1n9g ). Which makes it real…

I would actually tend to agree. I think the organizers deserve all the scorn and dunking in the world, but I'm less comfortable about that framing for those impacted. "Conference organized by the monkey JPG people" should be a major red flag, but it wasn't a red flag for the target audience for probably the same reason "monkey JPG" wasn't in the first place. Similar to the Fyre Festival, the real villains are the sca…

NFTs, and even monkey JPG NFTs, are perfectly sensible when viewed as art projects. (Not as finance: financially, monkey JPG NFTs are rather silly.)

And by 'sensible' I mean sensible compared to weird things other people either do for art or spend money on for art. Compare eg https://en.wikipedia.org/wiki/Performance_art (and that's far from the most egregious corner).

Re: Bored Ape conference attendees wake up with eye pain, vision loss

#307

Post by trillic »

glompers wrote: post #287
quesera wrote: post #258

Earlier quoted context omitted.

> What you probably meant to say is "There seems to be more lawlessness in FL than usual" which I would definitely agree with you. This itself is interesting enough. I've been on the inside of a few risk management systems, with hundreds of signals feeding into a scoring product. Invariably, and justifiably from the data, there is a "Florida rule", which affects the user's final risk score by a few percent. This is m…

No doubt there is. The new story (and a story probably on-topic in the context of this discussion) is the quantity of financial arbitrage firms who have lately been relocating their employees and headquarters _to_ Florida.

Florida has no state income tax and has a homestead bankruptcy exception. Two huge reasons for high-risk traders to prefer living there.

Under Florida bankruptcy laws you are allowed to exempt an unlimited amount of value in your home or any other property which is covered by the homestead exemption.

Buy a $50 Million house. Fill it with expensive art. If you lose everything, at least you still have your $50M house filled with $500M in Artwork to fallback on.

Re: Bored Ape conference attendees wake up with eye pain, vision loss

#308

Post by asadotzler »

neilv wrote: post #281

This is horrible. I hope they all recover fully and quickly. And that there's some kind of lesson learned by everyone in a position to prevent it from happening again.

Yeah, maybe don't put your health and safety in the hands of hucksters and charlatans.

Re: Bored Ape conference attendees wake up with eye pain, vision loss

#309

Post by sanderjd »

Animats wrote: post #203

This is pathetic. The original promoters behind BAYC, two guys from Florida and the son of some official of a bank in Africa, were rave promoters. They botched their metaverse project, Otherside, but that was technically ambitious. The people running it now can't even run a medium-sized rave properly. Earlier ApeFest events were only for BAYC holders and had a celebrity lineup. This time they sold tickets to anyone.…

> between the NFT clowns and Zuckerberg, the whole field crashed

This is well put. I remember back when both of these visions for "metaverse" were heading up the hype curve. It's really a bummer how disappointing both visions are.

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