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Friday, December 16, 2022

Wait just one hot minute here...

I know (really I do) that I’m so far out of the tech loop that I couldn’t see it even if I used the Hubble telescope. Still, this NFT shit strikes me as ultra scammy.

What is an NFT?

The term NFT means "non-fungible token." NFTs are (supposedly) one-of-a-kind digital assets number that can convey ownership of digital content such as images, videos and music.
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NFTs have aroused strong responses both from supporters and skeptics. Critics of NFTs often point to the squishy nature of what it means to "own" a digital file, and many people have pointed out that it's pretty easy to simply download a copy of an image linked to an NFT, even without paying for it. For those who are unconvinced by NFTs, these assets' prices are mostly a product of hype rather than true underlying value. (source
…it’s still not clear what NFT ownership means and what rights it gives the owner over the digital file. There are no clearly-defined rules around ownership. (source)
Anthime Gionet (AKA Baked Alaska),
who stormed the Capital on January 6,
is only now realizing the depth of his
bad, 45 worshipping choices.
There's all kinds of shit involved—loads of jargon that I’ve decided I don’t need to fully understand like, blockchains, Bitcoin and Ethereum crypto coins. NFTs exist on blockchains and you buy them with cryptocurrency. That's nice...what color is the sky in your world?

Buying an NFT gives you only a tokenized representation of the work that cannot be fabricated because of the unique security properties of blockchains. (source)
Copyright law does NOT necessarily apply to NFTs. When you buy one, you’re getting a link to an image NOT an actual high res image file that’s yours to own, love and have printed out. You bought a link. That's it! If the person who owns the original file decides to take it down, your link’s dead and your money’s gone. Feel like a fool yet?

So these ridiculous NFT trading “cards” that the Orange AssFezz is selling to his worshippers (for $99 EACH—not for the set!) are an astoundingly absurd con which’ll only work on the dimmest, most gullible of his marks. He’ll sell as many as he can but the suckers wouldn’t have owned the originals anyway. Basically, the buyers are getting execrably photoshopped, alternate wank-universe versions of a man who, in real life, is grossly obese, tiny handed, won’t leave the house without slapping on drag queen amounts of makeup and wears horrendously ill fitting clothing.

These are a fine investment the same way that buying a box of air is smart. At least, with a carton of air, you’d have a box to live in after you’ve given all your bucks to Grifterman.
So if you’re really into the idea of a Trump NFT, for some reason, just be aware the NFTs are “non-refundable” and “non-returnable.” Of course, you can just do what we did and right click and “save-as,” but that would defeat the purpose of digital scarcity, now wouldn’t it? (source)

So far, Trump has made more than a million off this ridiculous con. Who’s buying this garbage? Could it be his little buddy Putin? Maybe his “close friendSaudi crown prince Mohammed Bonesaw bin Salman is kicking in a few bucks? Hello? Money laundering on the white courtesy telephone.


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