411–420 of 427 posts
Earlier quoted context omitted.
Really? These grifters have stolen millions from innocent patsies all while clogging social media with scams and arrogant “stay poor” memes and directed billions of VC funding into creating useless tools to facilitate the scams. And we’re disgusting for maybe thinking maybe karma had something todo with this?
The people that still own Bored Apes are more likely to have lost millions though
Earlier quoted context omitted.
Bring sunglasses (and ear protection while you're at it) when going to a concert.
I'd rather not go at all at that point. Why bother going to a musical performance when you are just going to muffle the sound.
Earlier quoted context omitted.
Can confirm. A crypto bro / lawyer invited me to learn to shoot. I hate guns but figured it was a way to spend time with him. The result is I now have noxacusis, a repetitive stress injury of the ear. At times I've been unable to tolerate everyday noises like talking or faucets. An unstudied condition that's hugely disabling. The other person in my city with this condition lives in a closet 24/7 with earmuffs. What's…
Not all crypto bros are ignorant and don't know how to use proper hearing protection or firearm safety. In fact, not all of them are gun nuts or hardcore libertarians. 52 million Americans own crypto, do you really think they're all like that?
Earlier quoted context omitted.
https://twitter.com/CryptoTurkweb3/status/172136398921162773... Looks almost exclusively male to me.
Are any tech related conferences not like that?
I think the point here is also that this was supposed to be a social event and a party.
Earlier quoted context omitted.
Since finding this out a couple years back it's always my delight to see this realization happen for others. We knew NFTs were stupid... we just couldn't comprehend how incredibly stupid they actually are.
What baffling is how did they get this popular ? Plenty of stupid things to go around, why this specific one? Who was the marketing genius that convinced a critical mass to buy something worse than sand in the middle of the desert.
Blockchain and cryptocurrencies are impressive novel technology, they suit how they are used and work as a fungible token/currency. The underlying tech is impressive, like cryptography, and cannot (backdoors excepted) be broken for its intended purpose. Smart people who understand it recognized the potential and validity of the technology, and so it grew organically and became the phenomenon it is today. There is no technical gotcha, scams are another topic.
The general public's exposure was much more surface level and occurred after the tech had grown organically among technical folks. Now you pay with your CC on a familiar looking website, to buy something everyone says has value. It seems normal, and although you don't understand the underlying tech, you trust it is valuable. Lots of people get rich, lots of people lose money, but BTC remains valuable and the market remains. My elderly mother who is not technically literate is asking me how to invest.
After that, the general public has been conditioned to expect blockchain adjacent tech to be legitimate, they are feeling like they missed the gold rush but there is a new gold rush! NFTs! This time we skip the organic growth of a novel technology, adopted by smart people who understand the underlying tech. Now it is inorganic growth exploiting the crypto hype and pushed by hustlers. There is a legitimate use case for artists but that isn't what is driving the new mania.
This time there are massive technical gotchas (you have a link to a .jpg hosted on a server or servers, you don't own the copyright to anything). People find this out after the hype and massive adoption, if BTC never worked for its purpose it wouldn't have grown organically. NFTs have skipped that. There are torrents with every NFT pulled from these servers to highlight the lack of ownership, of technical control, I can't torrent your Bitcoins but I can download your stoned apes.
This is a long opinion, but it's why I think you see people find out after the fact just how flaky NFTs are.
I really am surprised by all the “lol you buy NFT so already blind” folks. Actually pretty disgusting. Disclaimer: I don’t own NFTs.
People making those jokes can’t see how disgusting that behavior is. It is like they were blinded by the bright lights of cynicism. When I look into these people’s souls it is like staring into a vast black abyss.
Earlier quoted context omitted.
Block lattice is IMO far too unwieldy to use, and is useless for decentralization unless the system you're making payments on is actually yours, meaning you can't use it for real-world payments. Also, still nothing solves the oracle problem. Any form of crypto does nothing for any transaction that doesn't purely take place in digital space. This really is never the case, even when people claim it is. People always us…
> Block lattice is IMO far too unwieldy to use ... It involves scanning a QR code and clicking confirm. It's faster and easier than using a credit card, and uses a tenth of the energy. > is useless for decentralization unless the system you're making payments on is actually yours No idea where you got that idea, but it's very silly. You've missed the first principles of cyrpto payments somehow. > still nothing solves…
Block lattice relies on private ledgers owned by the 2 parties of a transaction. It then consolidates those ledgers which is how it saves energy. If you’re giving someone else access to change that ledger, it’s no more decentralized than cash.
> And cash does?
Cash doesn’t, but it also doesn’t claim to provide decentralization or enforce contracts without state involvement. The entire purpose of crypto is to remove state involvement from contracts, which it fails to do.
Earlier quoted context omitted.
> At any event, how is an attendee supposed to assess such a thing? It's not like you can DYOR. That's why I think the cryptobro angle is relevant to the story, because assessing trust in the folks putting on a conference is the way for attendees to figure out if they're likely to be blinded by the lighting or face other issues. And the type of people the whole cryptocurrency and especially NFT scene attract seem at…
I would have mistakenly assumed there are like regulations or common sense preventing blasting people in the eyes with raw UV regardless of the event. This story is a rude awakening for me that one does have to asses event planners for competence, not only for remote Fyre Festivals but also for regular venues. I hope the attendees recover.
Earlier quoted context omitted.
At any event, how is an attendee supposed to assess such a thing? If you see clear tubes emitting a light blue glow, close your eyes and get away ASAP. One of the few positive things about the pandemic may be that it's educated lot more people on what UVC lamps look like, as they're often used --- away from people --- for sterilisation purposes.
What? I've seen lots of tubes that may or may not have been clear, I really don't know, emitting light blue glows. Like, I used to go into Spencer's at the local mall a couple decades ago... I would have no clue what the difference is here.