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all-my-apes-gone

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[-] RaspberryTuba@hexbear.net 84 points 2 months ago

They weren’t putting the image’s base64 encode on the blockchain or something like that? Just a URL?

[-] kleeon@hexbear.net 91 points 2 months ago

yes. It's too expensive to put the actual image on the blockchain so they just put the urls

immutable ledger my ass

[-] blame@hexbear.net 17 points 2 months ago

theres no way its too expensive when youre paying over $1m for it.

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[-] spectre@hexbear.net 77 points 2 months ago

Yep people were clowning on it from day 1 for this exact reason

[-] fox@hexbear.net 39 points 2 months ago

Well, among other reasons you could also put exactly the same image onto the chain as often as you wanted because there's no actual relationship between the NFT functionality and whatever it was linking to or defining.

[-] SacredExcrement@hexbear.net 24 points 2 months ago

You could also copy and paste it for free

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[-] gay_king_prince_charles@hexbear.net 36 points 2 months ago

Moxie Marlinespike had a good bit where he sold nfts that would change to the poop emoji

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[-] JoeByeThen@hexbear.net 67 points 2 months ago

Are we back to laughing at people who believe in IP now?

[-] gay_king_prince_charles@hexbear.net 44 points 2 months ago

We never should have stopped

[-] SamotsvetyVIA@hexbear.net 17 points 2 months ago

What if I call it the people's democratic intellectual property, is it cool now?

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[-] NephewAlphaBravo@hexbear.net 16 points 2 months ago

Wait, who stopped? Show yourselves!

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[-] happybadger@hexbear.net 56 points 2 months ago

I want them to sue and be ruled against because the URL to the dead jpg still exists.

[-] culpritus@hexbear.net 53 points 2 months ago

Legally you only own an entry in a distributed ledger that contains the value "https://dumbassclub.scam/18e67ddf-8469-404c-9820-0eab4631c905.jpg".

pronounjak-rage

[-] SootySootySoot@hexbear.net 24 points 2 months ago

It's not even really clear if you own that much. What rights would ownership of an entry in a ledger even confer?

[-] spectre@hexbear.net 16 points 2 months ago

You own the spot in the ledger, if nobody considers the ledger authoritative then 🤷🏼‍♂️

[-] plinky@hexbear.net 20 points 2 months ago

can you inject your own shit, if you seize domain i-cant

[-] sourquincelog@hexbear.net 52 points 2 months ago

Right click --> save enjoyers vindicated again

[-] FnordPrefect@hexbear.net 45 points 2 months ago

clueless Now that they don't exist, the law of supply and demand demands that my NFTs are infinitely valuable

[-] Rojo27@hexbear.net 45 points 2 months ago

I was having a bad until I read this postdata-laughing

[-] Strayce@lemmy.sdf.org 40 points 2 months ago

They got funged

[-] Korkki@lemmy.ml 35 points 2 months ago

Even if you did the good old "right-click, save" trick them as the owner and you still have your image on your hard-drive, if the link is dead then you can't prove that your specific image of a baboon's ass is linked into that nft that is supposed to be worth X amounts of fiat.

[-] Bruja@hexbear.net 33 points 2 months ago

Oh, this person is genuinely sad about this and big into crypto and username is literally NFT “PicturesOnBlockchain”. The cognitive dissonance has not hit them that the whole thing is a grift and this isn’t a single solitary unfortunate incident.

[-] Weedian@hexbear.net 31 points 2 months ago

he forgot about his slurp juice

[-] Le_Wokisme@hexbear.net 21 points 2 months ago

this is what happens when you don't use multiple slurp juices on one ape

[-] shallot@hexbear.net 30 points 2 months ago

Should have used the slurp juice smh

[-] Guamer@hexbear.net 29 points 2 months ago

most logical economic system

[-] deforestgump@hexbear.net 29 points 2 months ago

Such a simpler time. When a Paris Hilton could go on Jimmy Fallon and show him her ape. It aged like bejeweled Von Dutch trucker hats.

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[-] Carl@hexbear.net 28 points 2 months ago

hey its the thing that was extremely obviously going to happen happening

[-] Tabitha@hexbear.net 28 points 2 months ago

rare

wym "rare" you can literally reupload the same picture into a new NFT

[-] buh@hexbear.net 24 points 2 months ago

push me to the ETH

all my apes are dead all-my-apes-gone

[-] blame@hexbear.net 23 points 2 months ago

man spends a million dollars and cant be arsed to encode the image in the blockchain

[-] coolusername@hexbear.net 22 points 2 months ago

NFTs made me dislike humanity more as a whole. A large percentage of influencers were using them to scam the public.

[-] Fishroot@hexbear.net 19 points 2 months ago* (last edited 2 months ago)

How can crypto broes not taking advices from the goldbugs that if the assets is worthless if you don't own it tangibly

[-] corgiwithalaptop@hexbear.net 19 points 2 months ago

Lmao get rekt

[-] Andrzej3K@hexbear.net 18 points 2 months ago

tfw what you purchased was not an ape, nor an image of an ape, but a claim to a link to an image of an ape

[-] Meltyheartlove@hexbear.net 17 points 2 months ago

The silver legion strikes again.

[-] KrupskayaPraxis@lemmygrad.ml 13 points 2 months ago
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this post was submitted on 24 Apr 2025
221 points (100.0% liked)

chapotraphouse

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