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NFTs are scams (lemmy.dbzer0.com)
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[-] Defenestrator@aussie.zone 44 points 1 year ago
[-] TootSweet@latte.isnot.coffee 16 points 1 year ago* (last edited 1 year ago)

Look, I right-clicked $1.2 million.

Chromie Squiggle #1468 - an NFT

(Full disclosure, it took a little more than right-clicking to download that image. OpenSea apparently purposefully makes it hard to download images. Not terribly hard, though. Only took me a couple of minutes to figure out.)

[-] 001100010010@lemmy.dbzer0.com 18 points 1 year ago

Hmmm do I want to spend my life savings on a house, or "invest" in NFTs? Decisions, decisions...

[-] Holzkohlen@feddit.de 9 points 1 year ago

In the NFT the blob at the end is changing color. Maybe that helps?

[-] MonkderZweite@feddit.ch 1 points 1 year ago

Where's the difference?

[-] tdawg@lemmy.world 11 points 1 year ago

Spent too long trying to figure out where the monkey icon was... Before realizing that the dumb squiggly was the nft

[-] l0v9ZU5Z@feddit.de 6 points 1 year ago

Category Art

No, lol

[-] Viking_Hippie@lemmy.world 6 points 1 year ago

I just took a screenshot and cropped it! Second-easiest million dollars I've ever made and all the others have been just as fictional!

[-] JackbyDev@programming.dev 3 points 1 year ago* (last edited 1 year ago)

Windows + Shift + S on Windows, Cmd + Shift + 5 macOS (it might be option instead of shift actually).

[-] Dwarvy@feddit.nl 3 points 1 year ago

For me it's win+shift+s on windows, not ctrl. At least if you're taking about being able to select part of your screen to screenshot, without having to crop after the fact.

Also alt+printscreen to screenshot just the selected window.

[-] JackbyDev@programming.dev 2 points 1 year ago

Thanks, fixed!

[-] HurlingDurling@lemm.ee 14 points 1 year ago

I usedto think Gary V was a pretty smart dude, back when I used to watch him during his early wine library tv days, I bought into his hustle mentality and up to some point he was the catalyst to push myself to become a professional and study a career. After years of watching his videos and seeing him grow in his advertising company he started pushing sneaker buy and resale (basically scalping) and buying and selling Pokémon cards and was confused but figured "to each their own I guess", shortly after he started pushing crypto and then NFTs and at that point I lost all respect for this dude because he's either an idiot and has been lucky all this time, or he's fucking scamming his followers in some sort of pump and dump scheme and stopped following him everywhere.

[-] platysalty@kbin.social 11 points 1 year ago

Quoting a podcast: "So you're saying I own this jpeg but anyone else can still download it and do anything they want with it? Bruh, NFTs are just jpeg NTR"

[-] Viking_Hippie@lemmy.world 5 points 1 year ago

NTR? No Touching, Ronnie? Normally Trained Raccoon? Nerdy Technology Revealed?

[-] stiephel@feddit.de 9 points 1 year ago* (last edited 1 year ago)

Honestly they can keep their pictures. Almost all NFTs are ugly and not worth the space on my hdd.

[-] shiveyarbles@beehaw.org 8 points 1 year ago

God, and to imagine that people were serious about that shit. I mean, the people not using it for money laundering and scams

[-] oshaboy@lemmy.world 8 points 1 year ago

Why do NFT bros even care that you download an NFT if the token is still theirs on the blockchain. Isn't that the whole point of the NFT?

[-] JakeHimself@lemmy.ml 6 points 1 year ago

Bc they don't actually understand what NFTs are. They actually just own some JSON that contains a key (owned by them) and a link to some server that hosts that image which presumably will always host that image.

[-] bad_alloc@feddit.de 7 points 1 year ago

One thing I don't get: How were people convinced that an entry in a blockchain somehow results in ownership. People understand ownership and its limits: They lock their bikes when they leave them somewhere, because if there is no enforcement you can lose property. The NFT scammers never mentioned enforcement once, yet somehow you "owned" some ape picture. How did that happen?

[-] 001100010010@lemmy.dbzer0.com 2 points 1 year ago

Away with your nonsense. This special flavor of Kool-Aid taste good!

[-] bad_alloc@feddit.de 1 points 1 year ago

Note to self: Become a bridge trader.

[-] Nfntordr@lemmy.world 7 points 1 year ago

I can just see Oprah going, "and now you own it! And now you own it! And now you own it!"

[-] A_Chilean_Cyborg@feddit.cl 3 points 1 year ago

2021 uuhg that year hasn't been current in ages!

[-] sxan@midwest.social 0 points 1 year ago

"I have a print of the Mona Lisa! That's just like owning the original!"

[-] 001100010010@lemmy.dbzer0.com 15 points 1 year ago

Except this "Mono Lisa" is a digital file, which has no distinction between the "Original" and "Copies".

[-] kautau@lemmy.world 12 points 1 year ago

In most cases the NFT isn’t even a file. It’s a URL to a centralized server. If that server goes down you are now the proud owner of a broken URL

"I own a reciept that says I own the original Mona Lisa but literally anyone else in the world can possess an exact, identical copy of the Mona Lisa for free. I'm an incredible investor!!"

[-] sxan@midwest.social -2 points 1 year ago

"I own the Mona Lisa; it's in a hermetically sealed safe, and I have the key. The value is that I own the original, given to me by the artist; the countless knock-offs have no impact on the fact that I own the original."

I once read that some reproductions of some famois art pieces display better technical skill than the original artist. The paintings are objectively better. The original will still fetch more.

Explain the difference to me.

[-] TokyoMonsterTrucker@lemmy.dbzer0.com 3 points 1 year ago* (last edited 1 year ago)

Digital files are infinitely replicable and are indistinguishable from each other, which is evident using md5 hashes and similar technologies. They are meant to be exactly replicated and easily distributed. It is one of the most important components of network computing and an underlying, required principle for every large website on the internet. The originating file has no more significance or importance than the copies that function identically in every way. We don't put the first copy of Microsoft office in an museum because it would be fucking moronic. You copy it and then you have the original.

Your collection of NFT "originals" has no value. Get out before the market completely collapses. I guarantee your NFTs will be worthless in less than a decade. .

[-] EzekielJK@lemmy.world 10 points 1 year ago

You don't even own an NFT. Even if I bought a print of the Mona Lisa, I at least have a physical, tangible thing in my hand. It might be worth fractions of a cent but at least it's more real than an NFT you might have spent actual dollars on.

[-] saigot@lemmy.ca 6 points 1 year ago

If I had an exact replica of every brush stroke of the mona lisa, it would be just like owning the original.

[-] HurlingDurling@lemm.ee 0 points 1 year ago

I wouldn't because it would not have been painted by Da Vinci

[-] fades@beehaw.org -4 points 1 year ago

Nfts are not simply images on the blockchain. The technology is not a scam even if scammers use one aspect of it to sell pixels for ridiculous sums of money

But please, don’t let me stand in the way of a misinformed circlejerk

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this post was submitted on 24 Jul 2023
391 points (92.6% liked)

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