Bitcoin and Crypto Talk (Merged)(includes NFT) (4 Viewers)

[Eeyore]

Let's say that I sell drugs on a large scale but I don't want to have so much cash that I can't put it into banks without drawing attention.

I put a stylus between the toes on my left foot and make a few passes on the screen using Microsoft paint and sell the digital copy to my clients to go with their drugs. They now have proof that they spent the money on art, and I can explain where I got the money.

 

[Merl]

No
People will pretend they can explain it, but they cant
If you remember pet rocks, it’s like that except no rock actually exists, but you get the privilege of owning a pet rock that doesn’t actually exist

Are you dishing my pet rock? I miss it since it died 30 years ago.

 

[guidomerkinsrules]

Are you dishing my pet rock? I miss it since it died 30 years ago.

I don’t mean to seem insensitive if this is still a sore spot, but I can sell you an NFT of your pet rock’s ghost for 666 bitchimps if you’re interested

 

[Eeyore]

I don’t mean to seem insensitive if this is still a sore spot, but I can sell you an NFT of your pet rock’s ghost for 666 bitchimps if you’re interested

Do you have any mildly tempered imps?

 

[guidomerkinsrules]

Do you have any mildly tempered imps?

I have been instructed to answer in the negative

 

[Waymer]

 

[antipop]

 

[guidomerkinsrules]

That dude can’t rap worth a poop

 

[Beast]

I'm still holding on to XRP. I buy $20 each week.

Ripple was the first one that I’d thought had some utility and was starting to get some mainstream acceptance before the SEC issue.

 

[Brad Mojo]

This pretty much sums it all up:

 

[jrdbrn]

What it is... is that people have too much money to waste with crypto.

NFTs pure reason for existing is for illegal activity. You won't tell me otherwise.

 

[superchuck500]

There are ways to prove that it's unique and that you're purchasing the original. For whatever reason, this matters to a lot of people.

Here’s the rub though - the blockchain only proves that the NFT is authentic as claimed. But an NFT by itself doesn’t convey copyright so it’s really not necessarily unique. The creator of the image/art holds the copyright and if it doesn’t transfer, the NFT buyer can’t be sure the creator won’t (legally) duplicate the image in NFT form or otherwise. And without copyright the NFT owner can’t legally duplicate it or make derivatives from it, nor can the NFT owner act against others who have illegally duplicated it.

NFT is not intellectual property and unless the IP is acquired, it simply means you own that singular piece, and can authenticate it.

 

[SaintJ]

From 1841. Nothing, and I mean nothing, has changed.

Extraordinary Popular Delusions and the Madness of Crowds - Wikipedia

en.wikipedia.org

 

[Optimus Prime]

Guess I’ll put this here

Interesting tactic
==============

It starts as a routine TV news segment: an interview with the head of the local chamber of commerce. Suddenly, a shot rings out, startling the two-person film crew.

As a gunman enters off-camera, reporter Alison Parker reacts to the sound, her jaw dropping wide. A steady wave of shots roar as Parker screams.

She runs, desperately, as the camera tumbles to the ground. The clip cuts: the final scene is the legs of the shooter as he advances.

The grisly 17-second clip was recorded by videographer Adam Ward on Aug. 26, 2015, as he and Parker were fatally shot by a disgruntled former colleague while reporting near Roanoke.

Broadcast live, the horrifying footage quickly went viral, viewed millions of times on Facebook, YouTube and other sites. Six years later, it still gets tens of thousands of views, despite the efforts by Parker’s father, Andy, to eliminate the clips from the Internet.


Now, Andy Parker has transformed the clip of the killings into an NFT, or non-fungible token, in a complex and potentially futile bid to claim ownership over the videos — a tactic to use copyright to force Big Tech’s hand.


“This is the Hail Mary,” Parker said, an “act of desperation.”……..

Under current law, the platforms are largely shielded from liability for the content of posts by their users.

But the platforms may still be subject to copyright claims if they don’t remove infringing content, and experts say a lawsuit alleging the video is copyrighted material could offer Parker a more effective path to getting it taken down.


“For victims of horrific images being distributed on the Internet generally, unfortunately and inappropriately copyright does end up being an effective tool,” said Adam Massey, a partner at C.A. Goldberg, PLLC, a prominent law firm that has advised Parker…….

https://www.washingtonpost.com/technology/2022/02/22/expunge-his-daughters-murder-internet-father-created-an-nft-grisly-video/

 

[Paul]

Guess I’ll put this here

Interesting tactic
==============

It starts as a routine TV news segment: an interview with the head of the local chamber of commerce. Suddenly, a shot rings out, startling the two-person film crew.

As a gunman enters off-camera, reporter Alison Parker reacts to the sound, her jaw dropping wide. A steady wave of shots roar as Parker screams.

She runs, desperately, as the camera tumbles to the ground. The clip cuts: the final scene is the legs of the shooter as he advances.

The grisly 17-second clip was recorded by videographer Adam Ward on Aug. 26, 2015, as he and Parker were fatally shot by a disgruntled former colleague while reporting near Roanoke.

Broadcast live, the horrifying footage quickly went viral, viewed millions of times on Facebook, YouTube and other sites. Six years later, it still gets tens of thousands of views, despite the efforts by Parker’s father, Andy, to eliminate the clips from the Internet.


Now, Andy Parker has transformed the clip of the killings into an NFT, or non-fungible token, in a complex and potentially futile bid to claim ownership over the videos — a tactic to use copyright to force Big Tech’s hand.


“This is the Hail Mary,” Parker said, an “act of desperation.”……..

Under current law, the platforms are largely shielded from liability for the content of posts by their users.

But the platforms may still be subject to copyright claims if they don’t remove infringing content, and experts say a lawsuit alleging the video is copyrighted material could offer Parker a more effective path to getting it taken down.


“For victims of horrific images being distributed on the Internet generally, unfortunately and inappropriately copyright does end up being an effective tool,” said Adam Massey, a partner at C.A. Goldberg, PLLC, a prominent law firm that has advised Parker…….

https://www.washingtonpost.com/technology/2022/02/22/expunge-his-daughters-murder-internet-father-created-an-nft-grisly-video/

I remember this - I could not bring myself to watch the footage. I don’t like seeing people get hurt and I heard that it was gruesome. Sad.

I think the NFT concept is interesting by the way,