trophycase

They can be and very soon will be. Just look at their financials.

Don't be a cog in the machine of an unethical company? Everybody's trying to act like it's soooo difficult, and every FAANG SWE is like some Obama-platitude "single working mother with 3 kids working 2 jobs"

Same way in my city. There are dozens and dozens of parking structures that are just absolute blights on the area, ultrawide streets that discourage and make miserable any form of walking, unmanaged homeless and addict problems, and awful zoning (even mixed use needs to ensure that there are many small tenants, not one massive tenant).

Maybe, but that's not true for all game developers.

???? I'm not sure what you're implying but look up the idea of the modular blockchain and educate yourself. Ethereum won't be the main execution layer for most transactions.

What you said about price action is basically completely wrong, but regardless it's not like you're forced to pay in ETH. Any asset can be represented digitally.

Ethereum isn't free, but L2s and L3s will cost cents or even fractions of cents. 2.9% + 30 cents per tx is a MASSIVE amount. Consider that a profit margin of 10% is considered good for a business.

Whatever man, you're gonna use it without knowing regardless. But feel free not to educate yourself now and miss all the opportunity.

I bought a bunch of skins in League of Legends. I no longer play the game. As a former player, I would love if I could sell those skins on the open market.

Many times while playing the game, I changed my main character, but had skins for other characters I no longer played (maybe they got nerfed or something). It would be great if I could exchange those skins for other skins of equal value for the character I switched to.

Yes, the company itself could implement all these different features, but at that point you're re-inventing the wheel. We have a set of standards regarding digital assets, and the technology already exists to do the things I mentioned seamlessly. The only thing the company needs to do is implement their assets as part of that (ERC721) standard.

All of those things you mentioned can probably be solved with Account Abstraction and Application Specific Rollups. These technologies are still in the early stages but are moving along. Not trying to attack, but like a lot of people here, it seems that most people's understanding of Blockchains is stuck in like 2014. There are levels of trustlessness, and levels of irreversibility. None of the things I mentioned (when fully implemented) are going to be happening on the main Ethereum chain.

"why not let customers pay with real money via Stripe or another payment API"

Because stripe takes a massive cut?

"the end-user UX is lightyears better so you'll probably sell a lot more skins"

for now

"This Instagram NFT shutdown demonstrates again that the mainstream has no appetite for crypto despite the breathless claims of the past ten years."

Everybody in the community already knew this. Like you've said, the UX isn't there yet. That's obvious to anyone that is in the space. Nobody was sitting here applauding Meta for their obvious bandwagoning onto the latest thing. Maybe if they actually wanted people to adopt NFTs they should work on improving the UX or build some fucking infrastructure instead of just leeching off the community trying to make a buck. If you want people to display their art as NFTs on instagram, then create an Oculus App that's a virtual art gallery, allow people to display their instagram NFTs in that gallery. Interface with other technologies that already exist in the space. Use your billions and billions of dollars to make the experience better for everyone. They didn't even fucking attempt to build anything.

Common problem for many corporations, especially in times like these. They basically put it on life support the moment it is released so it never has a shot

The killer app of Ethereum already exists, and it is the set of standards being built on it that allow you to easily interoperate with other financial applications. NFTs are basically what the name implies, whereas "tokens" represent something fungible (e.g. stocks in a company), NFTs are a new standard (ERC721 or others) for representing non-fungible digital goods (deeds for houses, collectibles, game assets, etc.).

Suppose I'm a small indie game studio. I create a game, and this game has skins for characters, weapons, what have you. I want to build a real money economy around these assets, but don't have the manpower to deal with payment processors, build a marketplace, etc. My company could just represent the skins as ERC721 tokens and instantly have access to the wealth of infrastructure that already supports the ERC721 standard. People can buy and sell on a marketplace of their choosing (Opensea, Blur, etc.), they can manage their assets using a wallet of their choice (Metamask, Rainbow, Frame, Coinbase Wallet, etc.).

This is just one example, but can be applied to literally any non-fungible asset that be represented digitally. And although the application I mentioned is primarily a financial one (because Ethereum is the internet of finance), there are certainly non-financial use cases for having a fully interoperable, decentralized representation of a digital good.

It's important to understand that NFTs didn't invent digital scarcity. This is an idea that's existed for a long time. Downloading a song I have to pay for, League of Legends issuing a limited edition skin, even the notion of a privileged role on a website (e.g. moderator) implies some sort of digital scarcity. People value having status, people value having scarce things, NFTs didn't invent that idea, they just make it much easier to represent these things in a very standard way and plug into mechanisms that allow for price discovery of these things (which I repeat, already are deemed to have value, but have extremely high friction to trade).

Maybe you don't understand because you aren't a digital native. I grew up playing World of Warcraft, and even from a young age I understood the power of having something other people didn't have. When I saw other players with their Naxxramas gear and I'm sitting there in normal Uncommons, it implied a difference of status. There was value in getting this gear because it made you feel special and important, or part of a certain community. The entire premise of the game revolves around the idea of scarcity (people have to work to get the best gear). If people had the best gear from the start, they wouldn't show up to raid every week, they wouldn't spend hours and hours farming materials or gold. That's digital scarcity, it's always existed.

Yes but cutlery that actually feels good in the hand, has proper sizing (fork length, spoon capacity) and also proper weight balancing is much harder to find. Personally I really like Oneida, I found a set with spoons that IMO have the perfect balance and capacity.

I also think there is a common problem that people are addicted to stimulation and novelty. As soon as something doesn't give that dopamine hit of being new or interesting, something else has to be found to replace it. I think this addiction is very common in society today and manifests in internet and device addiction

This is the kind of thing that is obvious for people who are good test takers. When you know the context of the question, then you know exactly what answer the instructor is looking for.

I don't think they actually want you to respond as if you work there. I think most students probably know that. Most likely this question was in a unit about certain types of statistical biases. A is very clearly the correct answer.

It's not about the consumer. The price is listed before tax to manipulate you into feeling like it's cheaper. If they add tax while you check out, you're basically already committed to purchasing the product.

I just had it write me code in a language I've never used before in my life, and actually create a script to automate something I needed automating. Pretty useful if you ask me. Might have it write me a few discord bots since I'm not familiar with the API.

What if it isn't capable via its programming. It's like asking a human to fly.

Post-truth is a result of the truth no longer really being knowable. You can't know if science was bought and paid for, you can't know whether Russia actually did this or that, you can't really know if X or Y is good for you, or you're just being sold something or someone is trying to control you, whether an image or video is a deep fake. That's the real post-truth. A reality where any one "fact" could be true depending on what you believe. In this reality, who you are does matter. If you're someone who actually believes in the virtues of truth and honesty then I'm more inclined to believe you, whether or not you're actually truthful. This is the real origin of post-truth. If one cannot really know the truth without experiencing it first hand, one must delegate their belief to someone who they feel has values aligned to their own.

If you are trying to learn Japanese I highly recommend the Youtube Channel:

https://www.youtube.com/@organicjapanesewithcuredol49

It explains the actual structure of the language in a way I've not seen anywhere else. The creator passed away last year but the content is still incredible and useful.

Nexo is probably next but hopefully that should be the last of the implosions for now.

I said it was ridiculous to claim that Tether collapsing would cause "most major exchanges to go under". Congratulations on totally twisting my words though. "Most major exchanges" don't have much exposure to tether.

How it's expensive, how it will ruin your career, how it will destroy your body, etc. Talk to gen-Z women, many of them are inundated with this kind of thinking.

This and internet addiction are definitely more responsible than people are letting on. Also the unwillingness a lot of people have to commit and/or start families. And especially the negative marketing done towards women with respect to having children.

Cool story bro

FTX is not crypto. If you had a bank that accepted ears of corn and bushels of apples for deposit, and trading between them, you wouldn't blame farmers when that bank stole everyone's deposits.

???? How do you interview a man who just more or less stole tens of billions of dollars from customers, lied about it repeatedly, is trying to cover up evidence of that, and is arrogantly tweeting while still not being arrested, and not once mention any of that?

This garbage reads like "a day in the life of a silicon valley CEO" or something. The dude just perpetrated one of the largest financial frauds in the history of the world. Bernie Madoff level, and this is all the NYT has to say. Totally disgusting to defend the NYT here.

Dude said before Congress that they never trade or leverage using customer funds. That was a complete and utter lie.

He "testified to Congress and met with regulators" hugely downplays his attempts at regulatory capture via donations and attempted backroom deals (Gary Gensler is implicated in this too). Including the alleged prid pro quo.

It mentions his "effective altruism" and "philanthropy" but doesn't mention who his donations are to, or the fact that half of it was just a guise and actually he spent millions on housing in the Bahamas or in New York.

SRM market cap isn't even 2.1B. There's more to this story as usual. The corruption runs deep.