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BBC cryptocurrency documentary pulled from air at last minute

theguardian.com

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Re: BBC cryptocurrency documentary pulled from air at last minute

#81

Post by gpvos »

ID1452319 wrote: post #44

People talk about misinformation on Facebook, but the British media are guilty of promoting criminals and fraudsters via news stories about their "success". For example, my local newspaper published a number of articles about a "successful" trader who was offering training programmes. Last month he was sentenced to three years in prison for fraud. There are numerous examples of this and even "reality" TV shows promot…

From the article: > Continuing cuts to BBC budgets and deep job cuts, caused by successive licence fee freezes, have been blamed for recent errors in the corporation’s news output, especially in regional English newsrooms.

That is the main piece of news as far as I can see. (Maybe it's not news for those who have followed the British media more closely than me.) The BBC does have some internal standards, but is increasingly unable to follow them because of budget cuts by the government, leading to lack of internal quality control.

Re: BBC cryptocurrency documentary pulled from air at last minute

#82

Post by ygjb »

fnord123 wrote: post #68
nsomaru wrote: post #39

Earlier quoted context omitted.

I looked this up the other day and I might be wrong but it seems like in most jurisdictions even if you buy a meatspace piece of art you do not own the actual copyright on the work. While I’m not a fan of NFTs this does somewhat weaken the proposition that any “rights” cannot be sold with NFTs because IIRC this is the status quo in meatspace art purchases too.

There are no rights to Bored Ape works. They are algorithmically generated so they are public domain.

I am aware of the legal discussions around the hypotheticals, but has that actually been tested in court?

Define algorithmically generated? There are certainly tools for randomizing the mix of image elements that are present in a piece of art, and combining them, but does that only apply if I used a computer to do it? What if I draw 300 reference images, photocopy them, cut them out, and sit down with a set of dice and tables, and make collages using glue?

Does the inclusion of random noise as a processing step in creating digital art count as algorithmically generated?

What if I use a custom programmed brush that simulates the randomness of physical brush bristles to simulate in a digital painting?

Re: BBC cryptocurrency documentary pulled from air at last minute

#83

Post by dwater »

toyg wrote: post #36
mandmandam wrote: post #7

Earlier quoted context omitted.

Yeah. A friend the other day put it like, 'Yeah, internet conmen are charismatic'. I would guess that many people are well aware that 85+% of NFT hype is based on scams, money laundering, and bagholders. But their voices get drowned out. I feel bad for the people who fall for it; I do. And I even feel a little bad for the conmen who have to live with themselves. However, the BBC have no excuse for letting such a docu…

> internet conmen are charismatic All conmen are charismatic (well, the successful ones at least), the new generations just happen to use the internet - like in any other profession.

The word conman comes from the phrase "Confidence Man". They generally use charisma to gain the confidence of others and then exploit that confidence for personal gain.

Re: BBC cryptocurrency documentary pulled from air at last minute

#84

Post by Lev1a »

gitfan86 wrote: post #51
captaincaveman wrote: post #27

Earlier quoted context omitted.

Your not buying the rights, that's the most annoying thing about NFTs, that people don't get.

That has changed recently, people in these communities believe that NFTs are only valid if verified by opensea. So you are now buying ownership as opensea is beginning the enforcement of copyright. They are pulling a bait and switch.

Ah yes, relying on a single entity for authentication of the purchases in the market.

How very decentralized /s

Re: BBC cryptocurrency documentary pulled from air at last minute

#85

Post by mattdesl »

captaincaveman wrote: post #27
luckyandroid wrote: post #11

Earlier quoted context omitted.

Every person I've spoken to who's told me they're interested in crypto literally only care about it to make money, and have no interest in learning how it works. They all treat every last crypto-based use as investment like stocks, and not as a normal economic choice (e.g. "I want $3000 worth of bitcoin to buy a car" is not something people are doing, instead it's all "I want $3000 worth of bitcoin because the intern…

Your not buying the rights, that's the most annoying thing about NFTs, that people don't get.

Similarly: purchasing a signed art print will not give you any rights to the intellectual property of the artwork.

With that said, there are some NFTs that do attempt to tie property/copyright to the token ownership.

Re: BBC cryptocurrency documentary pulled from air at last minute

#86

Post by mgh2 »

WilTimSon wrote: post #2

It's astonishing to me that people will just buy into any success story that involves crypto and NFTs. People don't question why poorly drawn pictures are being bought for thousands of dollars, don't question why there are hundreds of altcoins on the market and some "cryptocurrency experts" are supposedly "offering free tips" on investment. The whole space is rife with scams and embellishments and yet there are so ma…

Related: https://news.ycombinator.com/item?id=30272241

Re: BBC cryptocurrency documentary pulled from air at last minute

#87

Post by iso1210 »

gpvos wrote: post #81
ID1452319 wrote: post #44

People talk about misinformation on Facebook, but the British media are guilty of promoting criminals and fraudsters via news stories about their "success". For example, my local newspaper published a number of articles about a "successful" trader who was offering training programmes. Last month he was sentenced to three years in prison for fraud. There are numerous examples of this and even "reality" TV shows promot…

From the article: > Continuing cuts to BBC budgets and deep job cuts, caused by successive licence fee freezes, have been blamed for recent errors in the corporation’s news output, especially in regional English newsrooms. That is the main piece of news as far as I can see. (Maybe it's not news for those who have followed the British media more closely than me.) The BBC does have some internal standards, but is incre…

In 2010 the TV license was £198.79[0]. Today it's £159, that's a 20% cut, with no real change in output.

Over the next 2 years it's coming down another 10% (or more) [1]

[0] https://www.in2013dollars.com/uk/inflation/2010?amount=145.5...

[1] https://www.gov.uk/government/news/tv-licence-fee-frozen-for...

Re: BBC cryptocurrency documentary pulled from air at last minute

#88

Post by verdverm »

luckyandroid wrote: post #11
WilTimSon wrote: post #2

It's astonishing to me that people will just buy into any success story that involves crypto and NFTs. People don't question why poorly drawn pictures are being bought for thousands of dollars, don't question why there are hundreds of altcoins on the market and some "cryptocurrency experts" are supposedly "offering free tips" on investment. The whole space is rife with scams and embellishments and yet there are so ma…

Every person I've spoken to who's told me they're interested in crypto literally only care about it to make money, and have no interest in learning how it works. They all treat every last crypto-based use as investment like stocks, and not as a normal economic choice (e.g. "I want $3000 worth of bitcoin to buy a car" is not something people are doing, instead it's all "I want $3000 worth of bitcoin because the intern…

I wonder if the VCs have fallen prey to the siren's song or if they have joined the choir?

I have a hard time believing they don't ask the questions that get to the heart of the long term viability of the projects they invest in. Yet as a tech creator, I don't see much use for the game theoretic additions for the extra complexity and waste from adding blockchain.

Re: BBC cryptocurrency documentary pulled from air at last minute

#89

Post by conjectures »

captaincaveman wrote: post #27
luckyandroid wrote: post #11

Earlier quoted context omitted.

Every person I've spoken to who's told me they're interested in crypto literally only care about it to make money, and have no interest in learning how it works. They all treat every last crypto-based use as investment like stocks, and not as a normal economic choice (e.g. "I want $3000 worth of bitcoin to buy a car" is not something people are doing, instead it's all "I want $3000 worth of bitcoin because the intern…

Your not buying the rights, that's the most annoying thing about NFTs, that people don't get.

Fairly clearly what you 'get' is dependent on the surrounding system. It's one for a legal-crypto startup but you can imagine selling some NFT being linked to a contract for transfer of copyright. Maybe nobody is doing this, idk, but they could. It's also irrelevant for some applications of NFTs, so it would be a design error to expect every NFT system to enforce copyright transfers.

Re: BBC cryptocurrency documentary pulled from air at last minute

#90

Post by captaincaveman »

gitfan86 wrote: post #51
captaincaveman wrote: post #27

Earlier quoted context omitted.

Your not buying the rights, that's the most annoying thing about NFTs, that people don't get.

That has changed recently, people in these communities believe that NFTs are only valid if verified by opensea. So you are now buying ownership as opensea is beginning the enforcement of copyright. They are pulling a bait and switch.

Opensea might be verifying the rights owner has attached their image to an NFT, but that still doesn't mean they have transferred any rights to the holder of the token. Correct me if I'm wrong I've not looked up Opensea's T&C's (have several other's).

Also whenever people talk about ownership in regards to copyright, it's a flag that they probably don't know what they are talking about.

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