Earlier quoted context omitted.
> true builders in this space That's a lot of belief riding on there being "true builders".
It doesn't take belief if you spend any time observing these communities. The builders and grifters are in pretty separate camps. If you're only observing this community on Twitter, yes, you will see relentless, low-quality scams almost as a rule.
Digital collectibles on Instagram is winding down
111–120 of 147 posts
Re: Digital collectibles on Instagram is winding down
#112So, you could collect NFTs of instagram posts? What a weird concept. Reddit avatars make more sense IMHO, they work as a form of status symbol. They are displayed on all your posts and comments, so you can show off your fancy avatar everywhere. I cannot see why anyone would care about a collection of posts.
Many artists use instagram to display their art, and a big portion of that art is digital and it was intended to be perceived on the screen, so it can’t be collected/purchased in the traditional sense. That’s why a lot of artists I follow and deeply respect were supporting this concept - finally their 3d renders, digital images etc. can enter the art market. See @mikeyjoyce It is like a democratization of collecting…
A marketplace like bandcamp would be more interesting IMHO, I regularly buy digital artworks from games or movies, that’s more analogous to buying an album on bandcamp.
Re: Digital collectibles on Instagram is winding down
#113Re: Digital collectibles on Instagram is winding down
#114Earlier quoted context omitted.
Are we still doing “AI is the new crypto” here? I’d like to think that we’ve moved past this by now.
Crypto is useful. A very long time ago there was a conversation about killer use cases. People on the ethereum side of the room thought programmable chains were it. People on the Bitcoin side said it was micropayments and script based post dating. I said that it was likely paying for compute resources that would be a killer use case. Implementing 402s would be that manifest: https://github.com/lightninglabs/aperture…
As if we didn't have ways to pay for compute resources already.
> Now we’re moving deep into the AI markets, this will be a thing, combining both.
Of course it won't.
> That said, con artists will still try to hustle others.
Indeed. By saying things like "innovative ways to pay for compute resources" and "our AI-enabled crypto bullshit is a cuting-edge thingamabob"
Re: Digital collectibles on Instagram is winding down
#115Earlier quoted context omitted.
I think I know what you are trying to say, but there night be an issue with your metaphor. The whole point of an NFT is that you don't have to take it with you as you owning it is chain state.
If I’m 50 light years from here, the colored coin on a backwaters planet has zero meaning. It’s a continued fallacy that a physical thing may be secured by a crypto transaction (entry to a DAG). Now, immediate identity and exchange of contract value, such as on Lightning, may be useful for compute resources, but only in the moment of inference. Crypto was built to service AI, and more specifically, GAI. This is crypt…
Wow. Retconning history has reached new highs. I mean, it's easy to do it, because crypto origins are in such a distant past of * checks notes * only the past decade.
Re: Digital collectibles on Instagram is winding down
#116Earlier quoted context omitted.
Crypto, and now AI, are likely the great differentiators between those who seek get rich schemes and those who lever up humanity through innovation, hard work and grit. If I had the ability to migrate to another planet, the last thing I’d take with me would be an NFT image of some stupid primate.
I think I know what you are trying to say, but there night be an issue with your metaphor. The whole point of an NFT is that you don't have to take it with you as you owning it is chain state.
"Hey guys, I own this valuable piece of `something`. You have to trust me, as it's 50 light years away, and all I have is a pointer to an address on a chain that is also 50 light years away"
Re: Digital collectibles on Instagram is winding down
#117Earlier quoted context omitted.
That no such thing exists and the space is a top to bottom grifting scamfest.
I don't think that this view can withstand any sort of scrutiny...
Re: Digital collectibles on Instagram is winding down
#118Earlier quoted context omitted.
It doesn't take belief if you spend any time observing these communities. The builders and grifters are in pretty separate camps. If you're only observing this community on Twitter, yes, you will see relentless, low-quality scams almost as a rule.
Ah yes, the usual "just follow the discords".
Are you in the right place?
You seem to be repeating a trope directly in contradiction to my earlier point about your view being social media biased...and also heaped on a little snark, as well.
Please consider politely considering different perspectives here, without necessarily agreeing with them.
Re: Digital collectibles on Instagram is winding down
#119Earlier quoted context omitted.
Ah yes, the usual "just follow the discords".
https://ethereum-magicians.org/ Are you in the right place? You seem to be repeating a trope directly in contradiction to my earlier point about your view being social media biased...and also heaped on a little snark, as well. Please consider politely considering different perspectives here, without necessarily agreeing with them.
Another random link, indistinguishable from "just follow the discords"
> and also heaped on a little snark, as well.
Of course there's snark. That line of "oh you just don't follow the right communities" has been repeated over and over and over again by the crypto proponents. The outcome was invariably the same: a pronounced lack of "true builders".
> Please consider politely considering different perspectives here, without necessarily agreeing with them.
Please consider that "but there are true builders and true communities" bullshit has been repeated too often for anyone to pay any serious attention to.
Even your link is "Ethereum Magicians is a forum for the crypto community to have a place where anyone can join, create topic and discuss mainly about EIPs and technical difficulties of Ethereum ecosystem." So a lot of ado about nothing. It's a self-reinforcing loop of people patting themselves on the back with new ways to do something on the world's most ineffecient VM. Does not make them "true builders".
Re: Digital collectibles on Instagram is winding down
#120Earlier quoted context omitted.
That no such thing exists and the space is a top to bottom grifting scamfest.
I don't think that this view can withstand any sort of scrutiny...
At best those "true builders" can't understand reality around them (like all the "builders" building tickets or property rights with NFTs). At anything below best it's a sea of scammers and grifters.