heckerhut

You cannot own it. What matters is the part that can accrue economic value. That’s the token.

Well you could’ve guessed 3 when reading 2.

Good point. Haven’t considered that.

Please do!

You can easily confer copyright through an NFT. It’s just that so far nobody does it bc nobody gives a shit.

The token is already portable. The video is secondary. Also it’ll be available as long as there’s money in the banana stand. Incentives matter.

I’m in this space since 10y. How long until it stops being a buzzword?

I disagree. By putting it on the blockchain it becomes a crypto asset. That’s a new primitive.

People building real infrastructure with dumb money. If you cannot see what that would be in case of NFTs that’s okay. Other people do.

correct

*blocklist

He...downloaded a car?

I know you’re joking but lots of people still struggle with the reason why NFTs exist, including Apple’s unofficial PR department John Gruber. But it seems he finally understood it now thanks to this article: https://jackrusher.com/journal/what-does-it-mean-to-buy-a-gi...

[0] https://daringfireball.net/linked/2021/03/26/rusher-nfts

Time to buy some stonks

Really good feedback. I’m gathering ideas how to make better policies over at poli.cy - If you’re interested send me an email to org@poli.cy to discuss.

Well, it’s exactly what you would do in today’s society, actually. You’d build a social network first. That is also why Zuckerberg is so dangerous.

I agree that hardware production and resulting waste needs to be factored in.

Completely unrelated to what the parent was saying.

Kinda solved https://www.wired.com/story/cypherpunks-bitcoin-ham-radio/

Big miners would agree to audits of their resource consumption. There’s no other way.

But it’s clearly headed there. Unlike bitcoin, Ethereum has sufficient resemblance of governance to actually pull it off.

My thinking behind this idea is that the sentiment of the author of this blog article is becoming more and more prevalent. Over the coming years pressure on bitcoin’s legitimacy will increase. To get ahead of this movement I propose to miners worldwide to create their own climate change accord and do this voluntarily. All it needs is a consensus to do so.

Your reasoning is purely tautological and contains no actual explanation. Wondering why cannot see that yourself.

Idea: Change BTC protocol to include a new field in coinbase transactions documenting the CO2 emissions of each block. Introduce an uncle block reward like ETH. Miners agree to audits of their reports. Make block reward dependent on carbon emissions. Use rest for offset programs.

Sure, ok, so they have an encrypted version of the private key!?

Exactly. They have seized nothing, apparently. The author over at the verge apparently doesn‘t get it either. The only way this would make any sense is if we were looking at a multi-sig wallet where police has seized one out of two necessary keys, where the second one is a brain wallet or hidden somewhere.

Thanks you expressed it much better than I did.

The vice piece was better imho https://www.google.com/amp/s/www.businessinsider.com/highly-...

Read Debt by Graeber so you can stop believing in the myth of barter. Then think again.

More generally, prisons all over the world serve much more often as a place to put people that society has failed than vice versa. It’s a sad truth that gets very little recognition since these people have no lobby. The American prison situation is certainly particularly awful due to privatization. But it doesn’t stop there. We’re doing terrible things in Europe as well.