The most obvious stupid scam ever conceived and they actually managed to hook a bunch of actual corporations

Square Enix, Nickelodeon, Coke, KFC, and more fell for this shit while regular people were laughing about how obvious a con it was.

Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.

  • UlyssesT [he/him]@hexbear.net
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    1 year ago

    But web3 has the chance the revolutionize the world

    Had me going until you let the mask drop and started talking like HackerNews. debord-tired

    and everything about the distribution of wealth.

    Under a capitalistic system, it’s going to make it worse and it already has. Same deal with Bitcoin and other cryptocurrencies. Same promises of making things for fair and just and all the poors around the world having little paper wallets and being their own banks until rich assholes bought majority stakes there too.

      • UlyssesT [he/him]@hexbear.net
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        1 year ago

        People that can’t afford to gamble away what little they have being invited into the casino! Wholesome! amerikkka-clap

        Seriously, your cryptobro shit is getting more and more mask-off.

          • UlyssesT [he/him]@hexbear.net
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            1 year ago

            an inherent disconnect in what you believe an NFT is

            It’s an associated grift peddled by the same people. The difference is that one is a currency and the other is a purchased space on a ledger that is often associated with a picture or some other supposed virtual asset with a vague promise that rent-seeking profitability may happen when it becomes universally recognized as a virtual asset, which hasn’t happened and may never happen because each ledger is independent and there is no obligation for them to recognize other tokens.

            Also, your “all electricity use is equal” claim is utter steaming bullshit.

            https://www.wired.com/story/nfts-hot-effect-earth-climate/

      • flan [they/them]@hexbear.net
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        1 year ago

        ??? “web3” was literally coined by one of the ethereum founders.

        And the internet is already fundamentally distributed. Capitalism has lead us to this point where there are only 4 sites on the internet, but the technology itself is decentralized and distributed. And if “distributed” means “peer to peer” well we’ve had that for decades too. So no I don’t think “web3” ever had any meaning other than crypto shit.

        • raven [he/him]@hexbear.net
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          1 year ago

          I guess I was mistaken. I do feel like I remember hearing about web3 in a p2p context before that but regardless.

          I still think we should take it back knifecat