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A lot of blockchain and NFT thought is exactly like Sovereign Citizen thought where they fundamentally misunderstand how law and contracts work (among with almost everything else). Their approach towards them is somewhere between magical thinking, 'alternative medicine' and a cargo cult. The difference is, they don't have the excuse of being isolated islanders with very little context available for their experiences.
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Aug 24, 2021 09:30
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MarcusSA posted:What kinda Diamond gets destroyed in a fire? Any diamond, they actually ignite and burn at around 700-800 C; can't ignite one with a match but a blowtorch is enough. Get emeralds or rubies instead, they're fireproof.
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Aug 24, 2021 09:33
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Has anybody made an NFT of the queen's jewels yet?
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Aug 24, 2021 09:43
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Pyromancer posted:Any diamond, they actually ignite and burn at around 700-800 C; can't ignite one with a match but a blowtorch is enough. Get emeralds or rubies instead, they're fireproof. Well you should definitely know. I had no idea I figured they were hard enough to withstand fire but guess not!
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Aug 24, 2021 10:34
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So, speaking of dumb bubbles, turns out the guy who caused a bubble in coin collection in the 80s and got smacked hard by the FTC is at it again with video games
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Aug 24, 2021 13:04
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Stefan Prodan posted:I think if you're just buying it knowing it's stupid but wanting to gamble short term on it I don't think it's really any particularly dumber than any other form of gambling, it's only really dumb if you think like the NFT diamond lady above The amount of energy spent of scratch-and-win lotto tickets is less than that required to make an NFT and the odds of a lotto ticket are printed on the back.
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Aug 24, 2021 13:11
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TasogareNoKagi posted:They're just Carbon, so all of them. The center of the Earth makes diamonds and somehow our simple human fires can destroy them. Why are diamonds valuable again?
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Aug 24, 2021 13:56
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Hobologist posted:But if my diamond was destroyed in a fire, and I have fire insurance, then what the hell is the NFT for? Why are you insuring something you have an NFT for? Even if the thing is destroyed you still have the NFT 
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Aug 24, 2021 14:01
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You can blowtorth a diamond but it wont' burn away to nothing unless you drop it into pure liquid oxygen according to some googling. But who knows.
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Aug 24, 2021 14:22
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What about chakra crystals from budk???????????? And/or 
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Aug 24, 2021 15:08
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a scam targeting people who have never actually thought about what makes money money
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Aug 24, 2021 16:05
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 to the MOOOOOON The Sausages fucked around with this message at 16:31 on Aug 24, 2021 |
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Aug 24, 2021 16:27
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Jose Valasquez posted:Why are you insuring something you have an NFT for? Even if the thing is destroyed you still have the NFT yeah but what if it gets stolen and now you have an NFT for a stolen thing, criminal
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Aug 24, 2021 16:29
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I always thought NFTs were like the way Ravencoin works or something? Eg, Ravencoin is burned to make a certificate of ownership of a real world asset, and when that real world asset is sold or transferred, you send the Certificate to the new owner and this is supposed to help with theft or false claims etc over who the true owner is. So are these NFTs or are NFTs just pixel art jpegs someone bought a deed to? Help
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Aug 24, 2021 20:03
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It's less than that, even. Imagine I write a receipt. But, instead of handing you a receipt, I give you a URL that points to an image of the receipt that I ostensibly gave you. That's it. Well, what are the legal rights granted by that receipt? What if the site that the URL points to goes down? Lol, gently caress you.
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Aug 24, 2021 20:43
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a dmc delorean posted:I always thought NFTs were like the way Ravencoin works or something? Haven't read anything about "Ravencoin", but it sounds like a cargo cult understanding of property rights.
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Aug 24, 2021 21:04
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a dmc delorean posted:I always thought NFTs were like the way Ravencoin works or something? But NFTs as popularized in 2021 are even more insane and specific in that they are smart contracts that result in being able to copy and paste a URL encoded in the blockchain.
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Aug 24, 2021 21:22
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Kerbtree posted:So, speaking of dumb bubbles, turns out the guy who caused a bubble in coin collection in the 80s and got smacked hard by the FTC is at it again with video games i hope this guy gets kicked in the balls (the speculator, not the author of this video)
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Aug 25, 2021 00:21
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Parkingtigers posted:I keep my passwords safe by writing them down and burying them under my birdbath in case I forget them. I keep mine under a race car bed. Do you keep yours under a race car bed?
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Aug 25, 2021 02:14
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IG-88 posted:My coworker just bought one of those Punk NFTs for 7k. Can you post in two months
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Aug 25, 2021 02:25
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Aug 25, 2021 02:32
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a dmc delorean posted:I always thought NFTs were like the way Ravencoin works or something? Holy poo poo, I remember Ravencoin was one my cousin tried to convince me to throw $100 at it a few years ago because it was like, 5 cents per coin and to treat it like a penny stock. I ignored it because I wasn't about to throw my money at some random altcoin (or crypto in general). Not that any of this info would have convinced me otherwise, but I didn't know that there was something different about it.
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Aug 25, 2021 02:36
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Alan Smithee posted:Can you post in two months I promise you I'll update as soon as he sells. We're a huge sales team - like 300+ and there's a crypto chat he runs where like 50 of the team are in on and to be honest, he sometimes makes good calls if all you give a poo poo about is making money. I know, I know. (I've yet to follow his advice)
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Aug 25, 2021 02:51
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latinotwink1997 posted:The center of the Earth makes diamonds and somehow our simple human fires can destroy them. Why are diamonds valuable again? To answer a probable shitpost with a serious answer, artificial scarcity. Which is why anybody thinks NFTs are worth a loving thing. The "Cryptopunk" thing has a master PNG file you can just download and have them all.
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Aug 25, 2021 03:11
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Is the reason why NFTs are trading like they are now, is they are used for money laundering schemes? Perhaps to obfuscate crypto transactions? That's the only use case I can think of, for buying a URL to pixelated art of a tulip for several thousand dollars.
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Aug 25, 2021 04:23
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KinkyJohn posted:Has anybody made an NFT of the queen's jewels yet? 
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Aug 25, 2021 04:33
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nnnotime posted:Is the reason why NFTs are trading like they are now, is they are used for money laundering schemes? Perhaps to obfuscate crypto transactions? That's the only use case I can think of, for buying a URL to pixelated art of a tulip for several thousand dollars. It’s almost certainly a fake-out where some dude pretends to buy NFTs for thousands and thousands of dollars and then uses the hype to sell an NFT to some dumdum. Sometimes scams aren’t just for money laundering!
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Aug 25, 2021 04:35
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IG-88 posted:I promise you I'll update as soon as he sells. We're a huge sales team - like 300+ and there's a crypto chat he runs where like 50 of the team are in on and to be honest, he sometimes makes good calls if all you give a poo poo about is making money. I know, I know. (I've yet to follow his advice) FYI crypto in general has only gone up along with the greater stock market due to the wild amounts of money flowing into the system specifically to do that be careful about thinking any one person is more informed or making good calls It is all blind luck and these people can no more predict a market crash than we can, they just happened to have money in the market at the right time
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Aug 25, 2021 04:47
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emoji posted:I got $2k in real world money out of dogecoin I mined years ago for half an hour using free aws credit bc I thought the meme was funny OP You still have it?
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Aug 25, 2021 04:48
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https://twitter.com/RealNatashaChe/status/1430248952818028544
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Aug 25, 2021 04:48
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IG-88 posted:he sometimes makes good calls if all you give a poo poo about is making money. The question to ask is if "sometimes" is better than 50%.
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Aug 25, 2021 04:52
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Sure we have NFT! Non-Floral Tulipmania
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Aug 25, 2021 04:54
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Lol she's gonna make out like a bandit. Not a bad payoff for acting like a complete idiot online, which I do for free!
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Aug 25, 2021 05:03
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The token never existed actually. NFTs are just lovely DRM that escaped a web browser.
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Aug 25, 2021 05:12
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*throws diamond in trash* THERE WE GO GUYS TOTALLY DESTROYED IT
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Aug 25, 2021 05:12
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Bitcoin and NFTs have taught us that lots of people don't actually understand or haven't put any real thought into the basic assumptions and mechanics of a capitalist system and economy, including and perhaps especially the most wealthy and powerful in it.
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Aug 25, 2021 05:33
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I'm honestly surprised people are still talking about NFTs at this point. I thought it was such a blatantly idiotic scam it would have blown over by now.
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Aug 25, 2021 06:18
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CaptainSarcastic posted:I'm honestly surprised people are still talking about [thing] at this point. I thought it was such a blatantly idiotic scam it would have blown over by now. here you go, a handy template for everything even tangentially related to crypto
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Aug 25, 2021 06:36
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The Sausages posted:Sure we have NFT! Memory of a Tulip. By Dior.
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Aug 25, 2021 10:15
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D-Pad posted:Your coworker is an idiot but the sad thing is that right now there is a really big amounts of idiots and he actually has a decent chance of making money on it. It's incredibly stupid but that hasn't stopped crypto for the last 10 years. I hate this world. Wrong. Those people paying big bucks for those NFTs are buying the original one, not buying one off a previous owner. In other words, even though original purchase amount might be huge, the resale value for NFTs is just absolute dogshit. Someone posted figures for this earlier in the thread, I wish had the link handy.
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Aug 25, 2021 10:56
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