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BEWARE of fake EEVblog NFT's

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bdunham7:

--- Quote from: nctnico on January 17, 2022, 03:18:24 pm ---That makes me wonder: do you still buy music & video in physical form? And if so, what do you actually own?

--- End quote ---

There are actually two questions embedded in that first one, 'buy' and 'physical'.   :)

nctnico:

--- Quote from: rsjsouza on January 17, 2022, 08:29:19 pm ---I do. I still can't get my head around buying a file with music or movie,  but I understand these are dying formats. 

As to who owns it, I do own the CD and treat it like anything else in physical form I buy.

--- End quote ---
I quit buying music & video in physical form years ago. For me it is much easier to play music from my PC than having to change CDs all the time. But the thing is: when I buy a music file, I get a file without anything. Selling it on is hard since I have no way to really prove I own a license  to the file or anything ((you don't own music, video, etc; just a license to listen / watch). Maybe the receipt could help but it is easy to fake. Now, if I had some kind of unique and traceable digital token attached to the file that would indicate that I own some form of license, I could sell it on. And that is the void that NFTs are filling.

EEVblog:

--- Quote from: nctnico on January 17, 2022, 03:18:24 pm ---
--- Quote from: amyk on January 17, 2022, 02:26:29 pm ---
--- Quote from: rsjsouza on January 16, 2022, 12:31:22 pm ---
--- Quote from: not1xor1 on January 16, 2022, 09:29:09 am ---NFT and cryptocurrency madness are just a modern digital form of tulip mania
unlike tulips though they cause a great deal of environment damage both from energy waste and fast hardware turnover

--- End quote ---
Just like a few others, I haven't heard of NFT before but, given that some people buy canned farts and bathwater from girls for enormous amounts of money or even pay to have their names written on their arms on camera, I am not surprised to find someone exploring this segment of the economy as well.  :-DD

--- End quote ---
Physical items are different, regardless of how odd they are. Unlike NFTs, they actually exist as something other than a string of bits stored somewhere.

--- End quote ---
That makes me wonder: do you still buy music & video in physical form? And if so, what do you actually own?

--- End quote ---

Here is an example of using NFT's in the future. Ticket stubs.
You go to a concert and you get and keep your ticket stub to prove that you went to the concert. Some of them even become collectible. But the point is you can post a Facebook photo of your ticket stub to show off to everyone that you went.
In the NFT future you won't get physical ticket stubs you'll get an NFT stub that "proves" you went were part of that thing. People will then show off their "collection" of NFT's by virtue of some social mechanism that likely doesn't exist yet, but in the future will be tied to your social profile for bragging rights.

Hypothetical future: Say you support a creator on Patreon or some other platform, you get an NFT "badge" that shows you financially supported that creator.

Ed.Kloonk:
Pink Floyd - 1987

Dire Straights - 1986

Stevie Nicks - '86

Eurythmics '87

Sydney Entertainment Centre. A lot of pub gigs tickets have gone missing.

cdev:
I have a bunch of GPUs, two or perhaps three are capable of running fairly recent drivers and software. I could probably "mine crypto" on them IF it earned me more than the electrcity cost that would be nice, but does that make economic sense? Or not? At one time, long ago, I guess it did, but now?
I have an Rx580 and a GTX-1070. Kind of older cards.. I doubt if its worth it with my older hardware except in the winter when the heat is helpful.. If I am using power, instead of running an electric heater may as well capture some additional value from the heat, eh?

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