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CIRCLE WITH A DOT

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  • smudgetheinsultcat@mas.toS This user is from outside of this forum
    smudgetheinsultcat@mas.toS This user is from outside of this forum
    smudgetheinsultcat@mas.to
    wrote last edited by
    #1
    This post did not contain any content.
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    jesstheunstill@infosec.exchangeJ dxmacguffin@metalhead.clubD claralistensprechen5th@friendica.rogueproject.orgC michaelgemar@mstdn.caM chancerubbage@mastodon.socialC 10 Replies Last reply
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    • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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      jesstheunstill@infosec.exchangeJ This user is from outside of this forum
      jesstheunstill@infosec.exchangeJ This user is from outside of this forum
      jesstheunstill@infosec.exchange
      wrote last edited by
      #2

      @SmudgeTheInsultCat I kept trying and failing to wrap my head around how many people were falling for such a stupid thing. I'm glad it finally ended up that the rest of the world came to that realization too

      cameopilot@toot.communityC T 2 Replies Last reply
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      • jesstheunstill@infosec.exchangeJ jesstheunstill@infosec.exchange

        @SmudgeTheInsultCat I kept trying and failing to wrap my head around how many people were falling for such a stupid thing. I'm glad it finally ended up that the rest of the world came to that realization too

        cameopilot@toot.communityC This user is from outside of this forum
        cameopilot@toot.communityC This user is from outside of this forum
        cameopilot@toot.community
        wrote last edited by
        #3

        @JessTheUnstill @SmudgeTheInsultCat Did they though? Apparently, there's still someone out there who's willing to pay $155 for something that is essentially worthless.

        artharg@mastodon.nlA martinvermeer@fediscience.orgM 2 Replies Last reply
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        • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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          dxmacguffin@metalhead.clubD This user is from outside of this forum
          dxmacguffin@metalhead.clubD This user is from outside of this forum
          dxmacguffin@metalhead.club
          wrote last edited by
          #4

          @SmudgeTheInsultCat

          While this is pretty stupid, it doesn’t even make the top 10 list of reasons why Logan Paul is an asshole.

          1 Reply Last reply
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          • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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            claralistensprechen5th@friendica.rogueproject.orgC This user is from outside of this forum
            claralistensprechen5th@friendica.rogueproject.orgC This user is from outside of this forum
            claralistensprechen5th@friendica.rogueproject.org
            wrote last edited by
            #5
            @SmudgeTheInsultCat
            It's pretty obvious that the main purpose of NFTs were for money laundering, closely resembling the way real estate used to be the go-to method for money laundering. Crypto is good for that, too.
            jmax@mastodon.socialJ 1 Reply Last reply
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            • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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              michaelgemar@mstdn.caM This user is from outside of this forum
              michaelgemar@mstdn.caM This user is from outside of this forum
              michaelgemar@mstdn.ca
              wrote last edited by
              #6

              @SmudgeTheInsultCat So if I crop that screenshot, I can “own” the same NFT image.

              1 Reply Last reply
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              • cameopilot@toot.communityC cameopilot@toot.community

                @JessTheUnstill @SmudgeTheInsultCat Did they though? Apparently, there's still someone out there who's willing to pay $155 for something that is essentially worthless.

                artharg@mastodon.nlA This user is from outside of this forum
                artharg@mastodon.nlA This user is from outside of this forum
                artharg@mastodon.nl
                wrote last edited by
                #7

                @Cameopilot @JessTheUnstill @SmudgeTheInsultCat Well … if Paul still owns the NFT, then his loss has not materialized yet. Het still “owns” the “asset”. It could increase in value again, theoretically. But buy it from him at $155 and you can have the warm feeling that you’ve cost Logan Paul $634.845. That is money that he is never going to get back, even if NFTs suddenly became popular again.

                1 Reply Last reply
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                • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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                  chancerubbage@mastodon.socialC This user is from outside of this forum
                  chancerubbage@mastodon.socialC This user is from outside of this forum
                  chancerubbage@mastodon.social
                  wrote last edited by
                  #8

                  @SmudgeTheInsultCat

                  He did it for the clicks. Big influencer energy.

                  1 Reply Last reply
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                  • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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                    c_dan4th@mstdn.socialC This user is from outside of this forum
                    c_dan4th@mstdn.socialC This user is from outside of this forum
                    c_dan4th@mstdn.social
                    wrote last edited by
                    #9

                    @SmudgeTheInsultCat Why is it even worth $155? Can I just screen-cap the dumb image and be $155 richer?

                    ozdreaming@infosec.exchangeO 1 Reply Last reply
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                    • c_dan4th@mstdn.socialC c_dan4th@mstdn.social

                      @SmudgeTheInsultCat Why is it even worth $155? Can I just screen-cap the dumb image and be $155 richer?

                      ozdreaming@infosec.exchangeO This user is from outside of this forum
                      ozdreaming@infosec.exchangeO This user is from outside of this forum
                      ozdreaming@infosec.exchange
                      wrote last edited by
                      #10

                      @c_dan4th @SmudgeTheInsultCat I'm not sure that $635K is a larger fraction of Paul's ill-begotten wealth than $155 is of mine. Sadly.

                      1 Reply Last reply
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                      • claralistensprechen5th@friendica.rogueproject.orgC claralistensprechen5th@friendica.rogueproject.org
                        @SmudgeTheInsultCat
                        It's pretty obvious that the main purpose of NFTs were for money laundering, closely resembling the way real estate used to be the go-to method for money laundering. Crypto is good for that, too.
                        jmax@mastodon.socialJ This user is from outside of this forum
                        jmax@mastodon.socialJ This user is from outside of this forum
                        jmax@mastodon.social
                        wrote last edited by
                        #11

                        @claralistensprechen5th @SmudgeTheInsultCat Starting to believe that building an AI data center is the goto mechanism these days.

                        claralistensprechen5th@friendica.rogueproject.orgC 1 Reply Last reply
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                        • cameopilot@toot.communityC cameopilot@toot.community

                          @JessTheUnstill @SmudgeTheInsultCat Did they though? Apparently, there's still someone out there who's willing to pay $155 for something that is essentially worthless.

                          martinvermeer@fediscience.orgM This user is from outside of this forum
                          martinvermeer@fediscience.orgM This user is from outside of this forum
                          martinvermeer@fediscience.org
                          wrote last edited by
                          #12

                          @Cameopilot @JessTheUnstill @SmudgeTheInsultCat But by now it has value as a collectors' item, due to this history

                          1 Reply Last reply
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                          • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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                            T This user is from outside of this forum
                            T This user is from outside of this forum
                            tanavit@toot.aquilenet.fr
                            wrote last edited by
                            #13

                            @SmudgeTheInsultCat

                            I consider that the person who sells the NFT for ~650k$ is smart.

                            1 Reply Last reply
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                            • jesstheunstill@infosec.exchangeJ jesstheunstill@infosec.exchange

                              @SmudgeTheInsultCat I kept trying and failing to wrap my head around how many people were falling for such a stupid thing. I'm glad it finally ended up that the rest of the world came to that realization too

                              T This user is from outside of this forum
                              T This user is from outside of this forum
                              tanavit@toot.aquilenet.fr
                              wrote last edited by
                              #14

                              @JessTheUnstill

                              I am pretty sure that these people were fully aware of the scam.

                              I once discuss with a person who was playing in a stock exchange simulation intending to become a trader in future. He was considering trading as a casino game : "I don't care to make profit on losers".

                              @SmudgeTheInsultCat

                              1 Reply Last reply
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                              • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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                                saxnot@chaos.socialS This user is from outside of this forum
                                saxnot@chaos.socialS This user is from outside of this forum
                                saxnot@chaos.social
                                wrote last edited by
                                #15

                                @SmudgeTheInsultCat still 155 USD above market value
                                c'mon efficent market hypothesis do your work

                                1 Reply Last reply
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                                • jmax@mastodon.socialJ jmax@mastodon.social

                                  @claralistensprechen5th @SmudgeTheInsultCat Starting to believe that building an AI data center is the goto mechanism these days.

                                  claralistensprechen5th@friendica.rogueproject.orgC This user is from outside of this forum
                                  claralistensprechen5th@friendica.rogueproject.orgC This user is from outside of this forum
                                  claralistensprechen5th@friendica.rogueproject.org
                                  wrote last edited by
                                  #16
                                  @jmax @SmudgeTheInsultCat
                                  Bingo.
                                  1 Reply Last reply
                                  0
                                  • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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                                    cupcakerob@gts.cupcakerob.nlC This user is from outside of this forum
                                    cupcakerob@gts.cupcakerob.nlC This user is from outside of this forum
                                    cupcakerob@gts.cupcakerob.nl
                                    wrote last edited by
                                    #17

                                    @SmudgeTheInsultCat I laughed so hard at this, thanks 😭

                                    1 Reply Last reply
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                                    • smudgetheinsultcat@mas.toS smudgetheinsultcat@mas.to
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                                      glyph@mastodon.socialG This user is from outside of this forum
                                      glyph@mastodon.socialG This user is from outside of this forum
                                      glyph@mastodon.social
                                      wrote last edited by
                                      #18

                                      @SmudgeTheInsultCat @Migueldeicaza worth noting that Lauren Chen is a fascist apparatchik, federally indicted Russian propagandist, turning point USA employee among other crimes against humanity. I will admit this is a zinger but best to avoid platforming her

                                      1 Reply Last reply
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