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  #301  
Old 01-16-2023, 11:41 AM
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Default Re: Blockchain, NFTs, and Web 3.0

I've watched quite a lot of Shark Tank and only know him from there, where he portrays himself as a high-culture Scrooge McDuck character with the nickname "Mr. Wonderful".
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  #302  
Old 01-31-2023, 11:19 PM
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Default Re: Blockchain, NFTs, and Web 3.0

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BCH liquidated. Final performance: -5.7%.
I forgot that I will get a 1099 for this stupid experiment and will have to put it on my Schedule D.
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  #303  
Old 02-02-2023, 02:46 PM
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Default Re: Blockchain, NFTs, and Web 3.0

:pointlaugh:
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  #304  
Old 02-02-2023, 08:26 PM
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Default Re: Blockchain, NFTs, and Web 3.0

But think of the several pennies you'll be able to deduct from your taxable income!
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  #305  
Old 02-03-2023, 07:41 AM
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Default Re: Blockchain, NFTs, and Web 3.0

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But think of the several cryptopennies you'll be able to deduct from your taxable income!
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  #306  
Old 03-27-2023, 09:25 PM
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Default Re: Blockchain, NFTs, and Web 3.0


Born too late to do a colonialism? Angry all the good land is taken and you’re being oppressed instead of being the oppressor? What if you could get in on the ground floor of the real estate scheme? Decentraland is for you!
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  #307  
Old 03-27-2023, 09:56 PM
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Default Re: Blockchain, NFTs, and Web 3.0

I dunno, I have a beautiful little parcel along a Second Life roadside with water access for boating, right next to a noob help centre. Once in awhile someone asks me for help from the centre, or someone stumbles over and says hello. We chat a bit. I've had two blithering dolts come by in a decade. It's two clicks to eject and ban.

My other neighbours are lovely.
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  #308  
Old 03-29-2023, 12:25 AM
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Default Re: Blockchain, NFTs, and Web 3.0

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Originally Posted by Ari View Post
Born too late to do a colonialism? Angry all the good land is taken and you’re being oppressed instead of being the oppressor? What if you could get in on the ground floor of the real estate scheme? Decentraland is for you!
Finally got around to watching this video. Decentraland looks terrible, like Everquest is a better Metaverse.

Speaking of which, back when it was released, I got Synthetic Worlds by Edward Castronova for my Dad (he liked various MMORPGs, played Everquest and a few others), I remember finding it interesting, but more because it was asking interesting questions than having any accuracy predicting the future. I don't remember much about it, and I doubt it's very useful now.

I will probably not be in the Metaverse, ever. I like playing solo games, not online multiplayer ones, and when I joined these MMORPGs, I had a tendency to only play with family.
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  #309  
Old 04-03-2023, 09:08 PM
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Default Re: Blockchain, NFTs, and Web 3.0

Looks like Musk is pumping Dogecoin again. :mlpfacepalm:

He's changed the twitter logo to the Doge :doge:






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  #310  
Old 08-12-2023, 12:28 AM
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Default Re: Blockchain, NFTs, and Web 3.0

U.S. judge sends FTX’s Sam Bankman-Fried to jail over witness tampering
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  #311  
Old 08-18-2023, 02:28 AM
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Default Re: Blockchain, NFTs, and Web 3.0

Tulip market crashed.
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  #312  
Old 08-18-2023, 04:06 AM
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Default Re: Blockchain, NFTs, and Web 3.0

So it’s more complex than that.

Sam Bankman-Fried was buying it from himself with increasing amounts to fake a demand before selling apes for more than he paid for them.
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  #313  
Old 08-18-2023, 04:56 AM
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Default Re: Blockchain, NFTs, and Web 3.0

This sounds oh so familiarly like the Video game grading con that collapsed last year, after it was discovered that the grading company was financing the insane auction prices of ‘rare’ games graded by them to trick whales into buying cheap games and to convince game owners to pay them to grade their games in hopes of finding a rare gem that auctions for millions.

I swear one of the reasons libertarians push for deregulation is so they can use the same scam in different markets.

Game grading firm Wata hit with lawsuit for "manipulating" retro market
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  #314  
Old 08-18-2023, 05:01 AM
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Default Re: Blockchain, NFTs, and Web 3.0

Predatory libertarians?

Then there’s the sucker libertarians who get conned and are all “Government! Right this injustice!”
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  #315  
Old 09-08-2023, 05:27 PM
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Default Re: Blockchain, NFTs, and Web 3.0

Boss of Collapsed Turkish Crypto Exchange Thodex Sentenced to 11,196 Years in Prison
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  #316  
Old 09-09-2023, 09:04 PM
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Default Re: Blockchain, NFTs, and Web 3.0

Quote:
Originally Posted by specious_reasons View Post
Quote:
Originally Posted by Ari View Post
Born too late to do a colonialism? Angry all the good land is taken and you’re being oppressed instead of being the oppressor? What if you could get in on the ground floor of the real estate scheme? Decentraland is for you!
Finally got around to watching this video. Decentraland looks terrible, like Everquest is a better Metaverse.

Speaking of which, back when it was released, I got Synthetic Worlds by Edward Castronova for my Dad (he liked various MMORPGs, played Everquest and a few others), I remember finding it interesting, but more because it was asking interesting questions than having any accuracy predicting the future. I don't remember much about it, and I doubt it's very useful now.

I will probably not be in the Metaverse, ever. I like playing solo games, not online multiplayer ones, and when I joined these MMORPGs, I had a tendency to only play with family.
I think the hardware technology just isn't there. There's too many annoying things you have to do to hop into virtual reality. The headsets are too bulky, the controls kind of suck, and the overall processing power you get for the price isn't worth it, our battery technology isn't good enough to make them highly mobile. All these little barriers prevent mass adoption.

I will say every time I've tried VR has been ridiculously immersive even if I'm playing a shitty basic game or something. If it was more convenient to use VR tech and there was an actual productive reason to use it over a PC or cellphone, it could catch on.

I think Apple made a really good move with the Apple Vision Pro, and when that releases, it might push more mass adoption of VR tech in general. With Apple Vision they're really emphasizing AR and a big part of that was showing how easy it is to do all the things you already do now, except it's way fucking cooler and in many cases (according to their marketing), even better than using a regular PC or cellphone. In their launch showcase, they showed how Apple Vision can potentially replace ALL of your devices. We already have PCs and cellphones and other gadgets. Adding another bulky annoying VR device that is a toy that doesn't do anything useful is too cumbersome and annoying.

The marketing for other headsets has been pretty shitty and there's no obvious ecosystem to connect it with your other devices, and if there is, then marketing needs to do better and show me.

I think Meta messed up with the price point too. $500 is of course not going to get you any kind of powerful computing device, so you end up in the mEtAvErSe except it's a joke because the graphics look like some dogshit from 2003. Apple is the right company to take over with an AR/VR device because they can get away with selling a $3500 gadget without anyone flinching, and because the device is so much more expensive, they can put in very good hardware that can actually do useful things.

I'm actually planning on buying one once the technology is a little better (whatever version 2 will be) because they showed how you can do coding in AR with multiple virtual displays which looked like some incredible sci-fi shit. The flexibility of virtual displays, potentially collaborating with multiple people that are using an Apple Vision nearby could greatly increase productivity instead of being just a gimmick. And at $3500, I know the device will be able to handle that.
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  #317  
Old 09-20-2023, 09:32 PM
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Default Re: Blockchain, NFTs, and Web 3.0

SBF's parents were given $16.4M house paid for entirely by FTX, lawsuit says | Ars Technica
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  #318  
Old 09-21-2023, 01:21 PM
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Default Re: Blockchain, NFTs, and Web 3.0

Something about apples and trees.
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  #319  
Old 09-21-2023, 03:03 PM
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Default Re: Blockchain, NFTs, and Web 3.0

Oh, in the Bahamas. I thought maybe he bought them a 2BA/2BR in Palo Alto.
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  #320  
Old 09-21-2023, 09:25 PM
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Default Re: Blockchain, NFTs, and Web 3.0

A new study says that anyone who hasn’t found a greater fool to sell their NFT to, is the greater fool.
RollingStone“Dead NFTs: The Evolving Landscape of the NFT Market” is a new report from dappGambl, a community of experts in finance and blockchain technology. Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH), the second most-popular cryptocurrency behind Bitcoin. In practical terms, that means 95 percent of NFTs wouldn’t fetch a penny today — a spectacular crash for assets that reached a trading volume of $17 billion amid a frenzied bull market in 2021. The study estimates that some 23 million investors own these tokens of no practical use or value.

What’s more, supply vastly outstripped demand for NFTs. Just 21 percent of the collections included in the study can claim full ownership, meaning around four out of every five collections remains unsold. With buyers becoming more discerning, the report notes, “projects that lack clear use cases, compelling narratives, or genuine artistic value are finding it increasingly difficult to attract attention and sales.”

And, while headlines during the heyday of NFT speculation focused on individual pieces that sold for the equivalent of millions of dollars in crypto, almost none are so exorbitantly priced today. Less than one percent are listed at more than $6,000, and the bulk of the most expensive collections are priced between $5 and $100. Almost a fifth of the “top” collections have a floor price of zero. Even among the more expensive NFTs, the report notes, such prices may be set “without any bearing on tangible, real demand,” reflecting wishful thinking from sellers and potentially distorting investors’ view of an NFT’s meager inherent value.


NFTs Almost Completely Worthless, Crypto Researchers Find – Rolling Stone
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  #321  
Old 09-21-2023, 10:20 PM
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Default Re: Blockchain, NFTs, and Web 3.0

I’d like to see some comparative data on how many suckers were in the Netherlands this tulip run.
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  #322  
Old 09-22-2023, 07:32 AM
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Default Re: Blockchain, NFTs, and Web 3.0

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Oh, in the Bahamas. I thought maybe he bought them a 2BA/2BR in Palo Alto.
I'm right here.
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  #323  
Old 10-06-2023, 11:00 PM
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Default Re: Blockchain, NFTs, and Web 3.0

Have we talked about Michael Lewis yet? He's got a new book out now, Going Infinite: The Rise and Fall of a New Tycoon only it's surprisingly positive on Bankman-Fried and the FTX fraud. It seems that Lewis started this book before the collapse, shadowing him for a time in the Bahamas and drinking the Rum Punch.

I'm looking forward to not reading this.
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  #324  
Old 10-07-2023, 01:06 PM
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Default Re: Blockchain, NFTs, and Web 3.0

Interesting. I wonder if the proximity to absurd wealth has corrupted him.

On the topic of crypto-related books, I read The Politics of Bitcoin, by David Golumbia, and it was a good analysis of the right-wing politics foundational to crypto.

From Amazon's blurb:

Quote:
Since its introduction in 2009, Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F.A. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists.
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  #325  
Old 10-07-2023, 07:12 PM
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Interesting. I wonder if the proximity to absurd wealth has corrupted him.
That or whatever weird vibes coming off of Bankman-Fried is just that compelling to some people.

This 60 minutes interview is baffling. Here he is post-FTX collapse, rhapsodizing about this wunderkind who no one understands.


The most egregious statement is “What you’re doing is possibly losing some money that belonged to crypto speculators in the Bahamas.” This is just false, I don't know how he got that line, but it's truly awful.
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