NFTs Will Change The Music Business More Than Spotify Did

[bxbrkrz]

Looks like the whole crypto planet impact killer industry is less than the whole transport industry, or the energy needed to power the servers managing billions of useless cute cat images people (in the industrial world) need to share every seconds.
So cute.

That doesn't make any logical sense.

It's practically word salad at this point.

How do I unsubscribe from this? It's getting spectacularly dumb now.

A server somewhere has to be running 24/7 to host cat gifs. To me that's wasted energy. Yes, cats a cute too.

[chimp_spanner]

Mostly I just don't get it. Everyone's getting all excited about it and all I see is another way to buy and sell shit. Which I find boring in the real world. I consider myself an unwilling/begrudging participant in capitalism at the best of the times so STONKS and speculating and investing and yields and the blockchain and decentralised wtf ever literally bores me to tears. Supposedly there are opportunities for it work for artists...somehow? But like, I don't want to sell ownership of my shit. I just want people to enjoy it. Also - yeah I'm about to throw shade - but I've seen very little in the way of actual meaningful art emerge from the NFT scene so far. Anyone that's taken even a brief interest in digital art or 3D modelling recognises an asset flip when they see it. All I see is crypto and NFT bros creaming their pants under pictures of Buzz Lightyear's face clumsily grafted onto a giant robot body, making weird in jokes and flexing that they know crypto jargon and honestly, it just makes me want to die. Steve Vai sold a video of his guitar. Not the guitar. Not a chance to own or even touch the guitar. Just a video about the guitar. Perks include: a high res version of the video. VR, Web3, the metaverse, the limitless bounds of human imagination and...this is what I'm supposed to get excited about?

Hard pass. I'll continue to live as an ignorant fossil with my Web2 job and my old-world money, and hopefully die at some far point in the future with a life well lived, rather than a digital wallet full of Monkey JPEGs.

I'm in an awful mood today, can ya tell?

[orthodox]

... GPU power, the tech responsible for killing polar bears by the dozen every week.

Polar bears are my brothers, I am committed to saving them.

[bxbrkrz]

... GPU power, the tech responsible for killing polar bears by the dozen every week.

Polar bears are my brothers, I am committed to saving them.

I love them too. Very tasty.

[PhillipOrdonez]

We get it. Bxbrkrz is heavily invested in the scam and defends it at all cost cause else he's left with the realisation that he fell for a very silly scam. He doesn't want to lose his money and wishes to go "to the moon".

I'm with chimp spanner on this. This whole thing just makes me want to die. Fucking retarded crap. Can't believe bxbrkrz fell for it. 🤮

[bxbrkrz]

We get it. Bxbrkrz is heavily invested in the scam and defends it at all cost cause else he's left with the realisation that he fell for a very silly scam. He doesn't want to lose his money and wishes to go "to the moon".

I'm with chimp spanner on this. This whole thing just makes me want to die. Fucking retarded crap. Can't believe bxbrkrz fell for it. 🤮

NFT is a scam, of course it is. Ask Brie Larson

I only invest in Rack Extensions. Those will go to the moon one day. I have faith!

[orthodox]

NFT is a scam, of course it is. Ask Brie Larson

Well-well, hiding behind Captain Marvel?

[bxbrkrz]

NFT is a scam, of course it is. Ask Brie Larson

Well-well, hiding behind Captain Marvel?

It was a great movie.

[avasopht]

At the beginning the car industry used an insane amount of wasted energy, used by a very small amount of rich people. Same for air travel. After a while both tech became better with its energy usage, and cheaper and easier for most plebs.
I expect the same with the crypto industry.

I believe you meant PoS, or PoA. not PoW. PoW is the one based on GPU power, the tech responsible for killing polar bears by the dozen every week.

Yes, you're correct, I meant PoS.

And sure, costs went down for the car industry. That doesn't mean NFTs will change the music business more than Spotify, or that decentralised cryptocurrencies will replace centralised currency.

It's pointless comparing the two as cars had a very definite utility fulfilling an intrinsic need.

Decentralised cryptocurrencies don't fulfil any intrinsic needs or solve any pressing problems. There is some utility in decentralised processing as it could allow an online store (or even an online casino) to outlive its owners, and continue to operate long after its creators are dead. But that assumes the associated cryptocurrencies and ledgers continue to exist.

Anything practical that I can do with cryptocurrencies can be done without them.

All I can see with cryptocurrencies are downsides.

[avasopht]

That doesn't make any logical sense.

It's practically word salad at this point.

How do I unsubscribe from this? It's getting spectacularly dumb now.

A server somewhere has to be running 24/7 to host cat gifs. To me that's wasted energy. Yes, cats a cute too.

Another silly deflection

Cool, I see you're just here to waste people's time. Got it.

[bxbrkrz]

A server somewhere has to be running 24/7 to host cat gifs. To me that's wasted energy. Yes, cats a cute too.

Another silly deflection

Cool, I see you're just here to waste people's time. Got it.

I have no power to waste people's time. Time is an illusion.

[bxbrkrz]

At the beginning the car industry used an insane amount of wasted energy, used by a very small amount of rich people. Same for air travel. After a while both tech became better with its energy usage, and cheaper and easier for most plebs.
I expect the same with the crypto industry.

I believe you meant PoS, or PoA. not PoW. PoW is the one based on GPU power, the tech responsible for killing polar bears by the dozen every week.

Yes, you're correct, I meant PoS.

And sure, costs went down for the car industry. That doesn't mean NFTs will change the music business more than Spotify, or that decentralised cryptocurrencies will replace centralised currency.

It's pointless comparing the two as cars had a very definite utility fulfilling an intrinsic need.

Decentralised cryptocurrencies don't fulfil any intrinsic needs or solve any pressing problems. There is some utility in decentralised processing as it could allow an online store (or even an online casino) to outlive its owners, and continue to operate long after its creators are dead. But that assumes the associated cryptocurrencies and ledgers continue to exist.

Anything practical that I can do with cryptocurrencies can be done without them.

All I can see with cryptocurrencies are downsides.

Have you heard of the Byzantine Generals Problem?
We may not be alive to see any upsides from this technology during our lifetime.
The first car, after being steam powered, was electric. Then things changed.
Now there is push for electric cars, but the batteries used right now are really toxic for the planet. A ford Mustang from the 80s is less impactful than a Tesla right now, as far as recycling.
I rarely travel by plane, does not mean the technology is useless.

[killhamster]

We get it. Bxbrkrz is heavily invested in the scam and defends it at all cost cause else he's left with the realisation that he fell for a very silly scam. He doesn't want to lose his money and wishes to go "to the moon".

I'm with chimp spanner on this. This whole thing just makes me want to die. Fucking retarded crap. Can't believe bxbrkrz fell for it. 🤮

NFT is a scam, of course it is. Ask Brie Larson

I only invest in Rack Extensions. Those will go to the moon one day. I have faith!

Brie Larson and every other celeb who's managed by a single company who also has a sizable investment in opensea. nothing suspicious there. Certainly not a conflict of interest. Definitely not a way to pump up the "price" of something by ripping off all the rubes who think a celebrity endorsement means something.

[killhamster]

I hope that was sarcasm. The trees that are used for the paper currency against the energy that is used for hashing and building the needed computer parts on the other hands are a joke.

Normal money is actually a bunch of ancient mainframes running cobol in batch mode, where govt can edit money database whenever they want
1:58 PM · Nov 15, 2021

quoting elon musk is not the gotcha you think it is.

[bxbrkrz]

NFT is a scam, of course it is. Ask Brie Larson

I only invest in Rack Extensions. Those will go to the moon one day. I have faith!

Brie Larson and every other celeb who's managed by a single company who also has a sizable investment in opensea. nothing suspicious there. Certainly not a conflict of interest. Definitely not a way to pump up the "price" of something by ripping off all the rubes who think a celebrity endorsement means something.

Brie Larson and all the celebrities can do no wrong. I don't understand why her fans are crying right now. They will forgive her. They have to

[bxbrkrz]

Normal money is actually a bunch of ancient mainframes running cobol in batch mode, where govt can edit money database whenever they want
1:58 PM · Nov 15, 2021

quoting elon musk is not the gotcha you think it is.

I can't quote Brie Larson, sorry.

[jam-s]

What do you think? Do those NFTs stink

*rotfl*

[Popey]

What do you think? Do those NFTs stink

*rotfl*

That's actually hilarious. I'm in the wrong business

[bxbrkrz]

I've been rethinking this over the past few months....

Human greed guarantees it.

People can just issue more NTFs.

It's more like a poo coin than Bitcoin.

It's too bad, because verified ownership is something we need.

Yep. One day maybe. Not today with this tech.

[BRIGGS]

Yep. One day maybe. Not today with this tech.

Just Bitcoin, for now.

[bxbrkrz]

Yep. One day maybe. Not today with this tech.

Just Bitcoin, for now.

[PhillipOrdonez]

Nfts in marketing:

https://www.marketingweek.com/mark-rits ... ot-magnet/

[orthodox]

https://www.marketingweek.com/mark-rits ... ot-magnet/

When you earned something precious in a video game, a magical sword for example, everyone else got that same sword too.

I remember playing Blizzard Diablo, there was a cheat there that allowed to duplicate items. Everything was fine as long as the item was in use or in the backpack. But when you drop copies of an item on the ground, only one of them would survive, the others would just vanish. I mean, they behaved as NFTs.

[avasopht]

I've had a lot of time to reflect, and I have to admit I was wrong.

NFT's are a great way to make money - I just need to find some suckers to take it from

[bxbrkrz]

Another corporation that believes crypto is as useful and 'energy positive' as city buses: VISA.
How can we avoid blockchain technology when it's powering that flat plastic thing already in our wallet?

https://usa.visa.com/solutions/crypto.html


We love our city buses by the way. No matter the cost.