Jason Posted March 11, 2021 Share Posted March 11, 2021 JPG File Sells for $69 Million, as ‘NFT Mania’ Gathers Pace - The New York Times WWW.NYTIMES.COM “Everydays — The First 5000 Days,” by the artist known as Beeple, set a record for a digital artwork in a sale at Christie’s. @Kal-El814 good investment opportunity here! Quote Link to comment Share on other sites More sharing options...
Ghost_MH Posted March 11, 2021 Share Posted March 11, 2021 I was just talking about this with an art major buddy of mine. If any digital artist is going to get paid for his work, beeple is just about the most obvious choice. In this case, he's selling a collage of all 5000 of his work a day pieces. I just can't help feel like a physical media snob. If this was $69m for a single, signed print off this collage I'd totally buy into this being a legit art purchase. For an NFT, though? Will they even still be a thing in ten years? How about hundred? Other works that have some for this much can be expected to survive for hundreds of years with the right care. There's no laptop or computer on Earth we can expect the same thing from. There's certainly no way of even knowing if there'll be a system to confirm our even read the metadata on an NFT a hundred years in the future and I sort of doubt there will be. I'd hate to be right because I can empathize with the idea behind NFT, but I'll be long dead by then so nobody can prove I'm wrong. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted March 11, 2021 Share Posted March 11, 2021 Fuck all crypto for what it’s doing to the earth. Quote Link to comment Share on other sites More sharing options...
LazyPiranha Posted March 11, 2021 Share Posted March 11, 2021 Quote Link to comment Share on other sites More sharing options...
TwinIon Posted March 11, 2021 Share Posted March 11, 2021 This NFT nonsense is so crazy to me. It's still a jpeg, it's not creating digital scarcity of this item, it doesn't even transfer rights or even ownership (at least not by itself). We're just in a crazy crypto boom and people are assuming anything on the blockchain will rise in value. All the power in the world for artists who are making money doing this, but I don' think it makes any sense at all to purchase these things. Quote Link to comment Share on other sites More sharing options...
ort Posted March 11, 2021 Share Posted March 11, 2021 Can tulip bulbs be saved in a blockchain? 1 Quote Link to comment Share on other sites More sharing options...
DarkStar189 Posted March 12, 2021 Share Posted March 12, 2021 I've been reading a lot about NFT lately but my brain can not comprehend it....Seriously starts to feel like I'm on another planet. Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted March 12, 2021 Share Posted March 12, 2021 This is why we need a wealth tax. Quote Link to comment Share on other sites More sharing options...
Jason Posted March 12, 2021 Author Share Posted March 12, 2021 2 minutes ago, DarkStar189 said: I've been reading a lot about NFT lately but my brain can not comprehend it....Seriously starts to feel like I'm on another planet. My favorite bitcoin experience is being in a strip club with a couple of friends and one of them started trying to explain bitcoin to one of the strippers. I forget why it came up, I think we may have just been talking about it for whatever reason when the strippers approached the table. Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted March 12, 2021 Share Posted March 12, 2021 4 minutes ago, Jason said: My favorite bitcoin experience is being in a strip club with a couple of friends and one of them started trying to explain bitcoin to one of the strippers. I forget why it came up, I think we may have just been talking about it for whatever reason when the strippers approached the table. Did he try to tip her by giving her a USB stick? 2 Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted March 12, 2021 Share Posted March 12, 2021 On 3/11/2021 at 8:23 PM, thewhyteboar said: This is why we need a wealth tax. Anybody who wants to spend $69 (nice) dollars on a .jpg--let alone $69 million--should be taxed until they don't want to. Quote Link to comment Share on other sites More sharing options...
TheLeon Posted March 12, 2021 Share Posted March 12, 2021 I don’t know what NFT is, and I hope to never learn. This story reminds me of when the iOS App Store first opened, and there was an app called something like “I’m Rich”. It was $100 and was just a picture of a diamond. 1 Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted March 12, 2021 Share Posted March 12, 2021 Just in the last couple of days was the first time I'd actually seen pictures of what some of these giant crypto mining facilities look like. I'd read descriptions of them, but it didn't quite get that it was on THIS scale. Absolutely raze all of this shit to the ground ASAP. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted March 12, 2021 Author Share Posted March 12, 2021 1 minute ago, Ricofoley said: Just in the last couple of days was the first time I'd actually seen pictures of what some of these giant crypto mining facilities look like. I'd read descriptions of them, but it didn't quite get that it was on THIS scale. Absolutely raze all of this shit to the ground ASAP. This is why you can't buy a new graphics card. Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted March 12, 2021 Share Posted March 12, 2021 6 minutes ago, Ricofoley said: Just in the last couple of days was the first time I'd actually seen pictures of what some of these giant crypto mining facilities look like. I'd read descriptions of them, but it didn't quite get that it was on THIS scale. Absolutely raze all of this shit to the ground ASAP. This is what drone strikes should be used for. Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted March 12, 2021 Share Posted March 12, 2021 7 minutes ago, Jason said: This is why you can't buy a new graphics card. Believe me, I know. I just bought everything for a new PC build except a GPU Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 12, 2021 Share Posted March 12, 2021 18 minutes ago, Ricofoley said: Just in the last couple of days was the first time I'd actually seen pictures of what some of these giant crypto mining facilities look like. I'd read descriptions of them, but it didn't quite get that it was on THIS scale. Absolutely raze all of this shit to the ground ASAP. Evergreen tweet 2 Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted March 13, 2021 Share Posted March 13, 2021 Barrett Wallace 2024 Quote Link to comment Share on other sites More sharing options...
MarSolo Posted March 13, 2021 Share Posted March 13, 2021 Fuck that shit, support real artists, like me: Login • Instagram WWW.INSTAGRAM.COM Welcome back to Instagram. Sign in to check out what your friends, family & interests have been capturing & sharing around the world. Quote Link to comment Share on other sites More sharing options...
Ghost_MH Posted March 13, 2021 Share Posted March 13, 2021 1 hour ago, MarSolo said: Fuck that shit, support real artists, like me: Login • Instagram WWW.INSTAGRAM.COM Welcome back to Instagram. Sign in to check out what your friends, family & interests have been capturing & sharing around the world. 7 Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted March 14, 2021 Share Posted March 14, 2021 2 Quote Link to comment Share on other sites More sharing options...
CayceG Posted March 14, 2021 Share Posted March 14, 2021 I'm all on board banning crypto. But how exactly do you do that? Quote Link to comment Share on other sites More sharing options...
stepee Posted March 14, 2021 Share Posted March 14, 2021 of course we managed to create a fake currency that is worse for the environment than paper money Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 14, 2021 Share Posted March 14, 2021 14 minutes ago, CayceG said: I'm all on board banning crypto. But how exactly do you do that? Shut down the exchanges for one Quote Link to comment Share on other sites More sharing options...
Xbob42 Posted March 14, 2021 Share Posted March 14, 2021 Trace major electricity usage and drone strike every hot spot. 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted March 14, 2021 Share Posted March 14, 2021 15 hours ago, MarSolo said: Fuck that shit, support real artists, like me: Login • Instagram WWW.INSTAGRAM.COM Welcome back to Instagram. Sign in to check out what your friends, family & interests have been capturing & sharing around the world. I'll follow you but #teamfollowback? Quote Link to comment Share on other sites More sharing options...
Chris- Posted March 14, 2021 Share Posted March 14, 2021 Eco-terrorism would be justified in this day and age. Quote Link to comment Share on other sites More sharing options...
Fizzzzle Posted March 14, 2021 Share Posted March 14, 2021 If it means I can finally get a fucking 3070, so be it. Quote Link to comment Share on other sites More sharing options...
MarSolo Posted March 14, 2021 Share Posted March 14, 2021 8 hours ago, Keyser_Soze said: I'll follow you but #teamfollowback? Damn straight follow back! 1 Quote Link to comment Share on other sites More sharing options...
LazyPiranha Posted March 14, 2021 Share Posted March 14, 2021 The plot thickens... if thickening means the most obvious possible thing. Quote Link to comment Share on other sites More sharing options...
vaxick Posted March 15, 2021 Share Posted March 15, 2021 Why are we trashing out planet to sell a fucking jpg file? When we eventually leave earth and colonize a new planet, I assume kids will be reading about this embarrassment when discovering as to why earth had to be abandoned. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 15, 2021 Share Posted March 15, 2021 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 15, 2021 Share Posted March 15, 2021 Nifty gateway is one of the exchanges mentioned in the NYT article posted in OP. All I have to say is this: There was a farmer who had a dog and LMAO was his name-o L m a o L m a o L m a o And lmao was his name-o Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted March 15, 2021 Share Posted March 15, 2021 It’s fucking wild that the Internet has pivoted from free mp3 filesharing and Web 2.0 nonsense to weird-ass nerds with too much money buying fake ownership of Elon Musk tweets using technology that punish fucks the earth. Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted March 15, 2021 Share Posted March 15, 2021 I don't understand how NFTs work or even what they are, so can someone explain how they damage the environment? Quote Link to comment Share on other sites More sharing options...
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