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John Cleese Sells the Brooklyn Bridge as an NFT

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Re: John Cleese Sells the Brooklyn Bridge as an NFT

#302
post #213

Earlier quoted context omitted.

> (Leaving aside the carbon emissions - let's assume everyone finally switches to Proof of Stake) I don't know how you get to defend something when you're sidestepping the biggest problem with NFTs. I'm fine with stupid and pointless things as long as your stupid and pointless things don't wreck the environment. If someone decides to poison the local water supply because it's an "art project" they still poisoned the…

Ethereum is switching over to proof of stake this year which will pretty much solve the environmental issue

You seem to assume that very little energy will be spent to acquire coins for staking. If there is real interest in ether and stiff competition to stake (and there better be for proof of stake to work), I'm afraid that won't be the case.

Re: John Cleese Sells the Brooklyn Bridge as an NFT

#303
post #151

Earlier quoted context omitted.

This NFT is not "The Brooklyn Bridge", this NFT is "Remember when John Cleese sold the Brooklyn Bridge NFT". Do you think nobody wants the bragging rights of owning that? I certainly do, but not for $50k, which it already has.

> Do you think nobody wants the bragging rights of owning that? It would be nice to believe that eventually we evolve beyond bragging about being an idiot. > I certainly do ...

I don't like NFTs but your comment triggered a counter argument in my head.

People buy and collect all kinds of worthless tuff. I know several people that spent between $3k and $10k on Magic the Gathering cards. From a non-player's perspective it's ridiculous. The cards are worthless and you could just print out images of the cards on a printer or copy machine if all you cared about was playing the game itself.

And yet people do it.

Is a NFT really any different? Is it wrong for people to spend their money on whatever they want?

Re: John Cleese Sells the Brooklyn Bridge as an NFT

#304
post #295
post #293

Earlier quoted context omitted.

The success is part of the art. A highschool kid scribbling "this is not a pipe" next to a pipe in his notebook is not the same as an accomplished artist convincing a gallery to feature it in an exhibition.

> The success is part of the art Not necessarily. Creators who toil in obscurity during life but receive posthumous recognition do happen.

Sure, but is still their accomplishment. The scribbling in the notebook would never receive eventual recognition unless something remarkable happened.

Re: John Cleese Sells the Brooklyn Bridge as an NFT

#305
post #151

Earlier quoted context omitted.

> Do you think nobody wants the bragging rights of owning that? It would be nice to believe that eventually we evolve beyond bragging about being an idiot. > I certainly do ...

Exactly. There’s little I’d like less than bragging about having spent my life savings on a JPEG that everyone has but that I “own”...

This is just giving regular ppl like you (or any meme culture creator) a similar sort of markup that was reserved for the Ralph Lauren's or any stupid designer item whose raw materials were mostly just vapor.

Luxury and self-image and [silent] bragging rights were always part of the economy, now it just also includes lulz, which happen to be much more accessible to create :)

Re: John Cleese Sells the Brooklyn Bridge as an NFT

#306

There are children going hungry at school, people with trivial to fix but prohibitively expensive medical issues, and silicon valley millionaires are spending more than many will make in a year by purchasing bullshit. Shit's on fire, yo.

> Shit's on fire, yo. Let them eat cake. Can anyone else hear the guillotines being sharpened? Seriously though this obscene inequality can only lead one place, and we were lucky that they were morons on January 6th and not organized properly. Ironically the revolution will be stoked by those first up against the wall in the name of engagement . It won’t be televised but it will be on Instagram.

Every time I read something like this, I think of how little the person saying it knows about the conditions of the poor in 18th century France.

Re: John Cleese Sells the Brooklyn Bridge as an NFT

#307

Earlier quoted context omitted.

> Shit's on fire, yo. Let them eat cake. Can anyone else hear the guillotines being sharpened? Seriously though this obscene inequality can only lead one place, and we were lucky that they were morons on January 6th and not organized properly. Ironically the revolution will be stoked by those first up against the wall in the name of engagement . It won’t be televised but it will be on Instagram.

Real change can only happen if the poor (people earning less than $1M per year) unite against the rich. Instead, the poor are hopelessly divided and fight pointless culture battles, like the main/master debate.

> poor (less than 1m)

the top 10% globally is 30k... which is low income for Americans.

Americans bitching about the 1% is laughable.

Re: John Cleese Sells the Brooklyn Bridge as an NFT

#308

There are children going hungry at school, people with trivial to fix but prohibitively expensive medical issues, and silicon valley millionaires are spending more than many will make in a year by purchasing bullshit. Shit's on fire, yo.

Rich people have always spent lots of money on bullshit. That's nothing new.

Yeah, like automobiles and cell phones before they were good or cheap.

Re: John Cleese Sells the Brooklyn Bridge as an NFT

#309

Earlier quoted context omitted.

So the idea is to pay money to claim involvement in a cultural moment in which you played no role? Sounds sad and hollow to me.

Why do people buy movie props, collect stamps, let authors sign their books? Maybe all very "sad and hollow", but a lot of people seem to enjoy it. You judging those people says more about you than them.

> movie props, collect stamps, let authors sign their books

All those things have intrisinc values. If tomorrow the market for movie props, stamps and signed book went straight to 0, the owners would keep those objects for themselves, they have sentimental values, not just financial.

If the market for NFTs goes to 0, you have a worthless GUID, cool.

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