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]English
      4•2 years ago

      There’s a difference between using electricity and using more electricity, especially a lot more.

      EDIT: NFTs are typically minted with Ethereum, which spends a lot of electricity already. If you want to dream up a magical version of a rent-seeking token that doesn’t do that, that’s cute, but it’s not what’s happening with rich techbros trying to get people to buy ledger spaces that are associated with ugly cartoons.

      I get that you want to pull a “how do you do, fellow leftists” and peddle internet funny money and/or rent-seeking magic ledger spaces here. It’s not cool. Stop it.

        • UlyssesT [he/him]English
          6•2 years ago

          I linked that article as an example of the waste emitted from related processes.

          I’m certain you’re being a bad faith peddler at this point, because again you’re sidestepping the energy costs of your magical world saving ledger position sales tokens.

          For people watching this comment chain, this is a decent starter summary of the grift that the above grifter is trying to peddle here:

          https://www.youtube.com/watch?v=XwMjPWOailQ

            • UlyssesT [he/him]English
              4•2 years ago

              The grift is okay because there are magical theoretical grifts that totally bypass those problems, pinkie promise, just around the corner as they always are.

              My point is you’re a clown and peddling your rent-seeking bullshit here is disgusting.