Honesty, who wouldve seen this coming?
You: My crypto art is secured with the blockchain!
Me: [prt scn]
this is awesome. i hope hundreds of millions of dollars get dumped into NFTs and then it all just gets deleted. money shredded from existence
Update: looks like I can’t get my NFTs back. Even though fraud has been confirmed and I know exactly where my NFTs are sitting at this very moment.
Hacker wins. Secondary market purchaser wins. I lose.
Going to explore other options if I can. Doesn’t sit right with me.
... I just... I don't... I can't....
:cat-confused:
The system designed specifically to prevent any regulatory oversight or transaction cancellation won’t let you take your money back from the thief? Who could have seen this coming?
It really is disgusting. It is something that is inherently replicable.
These sick fucks feel like there's value in creating some method to hoard things, which by their very nature, are inherently un-scarce and shareable. It's an indulgence into one of the very worst aspects of humanity
https://twitter.com/hillaryclinton/status/631538115514007553?lang=en
How does your student loan debt make you feel? Tell us in 3 emojis or less.
I'd buy this one so that I could legally use it as the cover art for a What is to be Done? reprint.
No, you see, these bits and bytes are totally mine. I have this certificate that says so.
ctrl-c, ctrl-v
Brooo, wtf, that's illegal, you can't fucking do that
I understand the perspective that artists working in digital mediums deserve the fruits of their labor and completely free availability of their work can end up with them not getting anything.
But NFTs are a blatantly cynical scam trying to bolt the worst aspects of the physical art world onto digital art in a plot to extract artificial speculative value for a secondhand market of wealthy investors. The real problem with artists not getting paid is that the commodification of art has created a cutthroat, unsustainable environment and rendered the art itself worthless, the only value left is in speculation. The real problem is capitalism.
Only then the server that the exchange was hosted on would sell for millions as the physical endpoint of the art piece
It’s like that auction where the painting shredded itself and ended up more valuable as a result, only even dumber
Imagine the Sistine chapel just disappears because someone forgot their password
lmao it doesn't even affect the actual art, it's basically a certificate saying you totally own it bro.
so it’s like a deed? Except not a real deed, a deed in one of those cartoons where somebody can crack your safe and steal the physical paper deed and suddenly they own your house
real deeds don’t work like that because that’s patently absurd
It's as real as Bitcoin, because it's pretty much the same technology.
Edit: at best it's a dumb way to buy a license to use a copyrighted work.
Oh I’m extremely well versed in blockchain tech and how horrible and dumb it is, I’m just dunking on the fragility of the system for anything outside of grey market goods and money laundering.
I wish I was enrolled in a High Level Art Program, because I just want to steamroll clowns who though an NFT Art Market made any sound sense.
I've got plenty to say about the Art Market as is. It's very needlessly exclusive, and it's only exclusive for the sake of demanding more money on works, which then demand more money but never on the merits of the work itself, but the market perpetuating speculative value and making a bubble. It sucks.
Has anyone informed the hacker
and secondary market purchaserthat this violates NAPGood point. It’s always just to purchase things with money regardless of context. :ancap-good:
Schadenfreude intensifies.
Shit's dumb and I'm glad he got ripped off. I truly hope this happens over and over until the whole system collapses.
Yeah, this NFT/ cryptoart bullshit disgusts me, fuck all of the people involved. The planet itself suffers so these idiots can profit from completely artificial scarcity, so they deserve to suffer in kind.
bro that ain't nothin
in 1999 jessie from the street over stole a beanie baby at my house during a sleepover
Reminds me I took a DeLorean from a kids pile of toys. I had none and figured they weren't as appreciative of it considering the cultural significance of that movie.
This is meaningfully different from when it was in his account in plain sight, somehow.
love how now that these crypto fucks are extending their system into the real world, they're quickly learning the value of the state in upholding private property
