Line Goes Up – The Problem With NFTs
“If someone pitches you on a “great” Web3 project, ask them if it requires buying or selling crypto to do what they say it does. Sources and Further Reading https://web3isgoinggreat.com/
The Third Web
NFTs: crypto grifters try to scam artists, againMetakovan, the mystery Beeple art buyer, and his NFT/DeFi scheme https://www.stephendiehl.com/blog/crypto-absurd.html https://blog.mollywhite.net/blockchains-are-not-what-they-say/
Who Goes Crypto?
https://davidgolumbia.medium.com/cryptocurrency-is-garbage-so-is-blockchain-3e80078e77fe https://marker.medium.com/fintech-is-a-scam-a-listicle-in-eight-parts-7b6161f3a35a https://naavik.co/business-breakdowns/axie-infinity/#axie-decon= https://www.gawker.com/culture/the-future-is-useless-expensive Tweets by NFTtheft https://www.theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488/ https://www.gamesindustry.biz/articles/2021-11-05-baseless-nft-hype-hits-a-crescendo-but-its-play-to-earn-thats-worth-watching-opinion1/There are people who are genuinely trying to talk intelligently about cryptocurrencies, but can’t because they don’t have historical background. This thread tries to correct that by suggesting required reading. First, it’s necessary to know what problem it attempts to solve.
— Dave Troy 🌻 (@davetroy) January 3, 2022
Platform is Law: The cautionary tale of stolen NFTs
Libra Shrugged — Chapter 6: Banking the unbankedTweets by Bitfinexed Written and performed by Dan Olson Crowdfunding: https://www.patreon.com/foldablehuman Twitter: https://twitter.com/FoldableHuman 00:00:00 Preface 00:01:12 0. In 2008 The Economy Collapsed 00:07:09 1. Bitcoin 00:18:18 2. Ethereum 00:24:34 3. The Machine 00:39:07 4. NFTs Exist To Get You To Buy Crypto 00:57:54 5. The Unbearable Cringe Of Crypto 01:11:46 6. A Self-Organizing High Control Group 01:16:57 7. Crypto Reality 01:25:36 8. There Is No Privacy On The Chain 01:32:52 9. If This “Looks Like Scam” Then Every NFT Room I’m In Looks Like Scam LOL 01:38:29 10. Play To Earn Exists To Get You To Buy Crypto 01:46:39 11. We’re All Gonna Make It And By “We” I Mean “Us” Not You 01:56:08 12. DAOs Exist To Get You To Buy Crypto 02:13:21 13. I Know It’s Rigged, But It’s The Only Game In Town”
As of todays post, the “Line Goes Up – The Problem With NFTs” video, uploaded by Folding Ideas on 2022-01-21 17:00:03, was viewed 7663216 times and had 352871 likes.
An NFT, non-fungible token, is a non-transferable unit of data that may be traded and sold and is held on a blockchain, a type of digital ledger. Digital media such as photographs, audio, and videos may be connected with several types of NFT data units.
