The Alarm Is Sounding On NFTs

TheMysteriousGX

Elite Member
Legacy
Sep 16, 2014
8,475
7,048
118
Country
United States
It kind of amazes me that in a world where security is an ever-greater concern, people have managed to finds ways of storing wealth even less securely.

And why do cryptobros have to seem like such pricks?
Look, cryptobros are concerned with pure hacking threats only. The kind of theft that barely ever happens because it's incredibly difficult.

They've also never played EVE Online
 

tstorm823

Elite Member
Legacy
Aug 4, 2011
7,143
968
118
Country
USA
And why do cryptobros have to seem like such pricks?
Once upon a time, Bitcoin was worth cents, and the primary users were people selling things on the internet that you might want to hide from your bank account. Some amount of drug dealers and child pornographers got accidentally wealthy on cryptocurrency. If ever you find a cryptobro who isn't a prick, that might be more reason to be suspicious of them.
 

Worgen

Follower of the Glorious Sun Butt.
Legacy
Apr 1, 2009
14,956
3,831
118
Gender
Whatever, just wash your hands.
It kind of amazes me that in a world where security is an ever-greater concern, people have managed to finds ways of storing wealth even less securely.

And why do cryptobros have to seem like such pricks?
Well, they tend to be upper to upper middle class young people who want to get rich quick using a commodity that's value is based on perception.
 
  • Like
Reactions: Kwak

Thaluikhain

Elite Member
Legacy
Jan 16, 2010
19,111
3,844
118
Bah, in the old days people would invest in railway companies that were sure to be massively successful and not fall apart like dozens of others.
 

Worgen

Follower of the Glorious Sun Butt.
Legacy
Apr 1, 2009
14,956
3,831
118
Gender
Whatever, just wash your hands.
If Square goes near bankrupt for this, I'm literally going to laugh.
Only way that would happen is if they put too much in crypto and it crashes again. The reason NFTs are so temping is cause once you get setup for them they cost almost nothing to make and are just pure profit from idiots with dreams of them selling for more then they paid.
 

Worgen

Follower of the Glorious Sun Butt.
Legacy
Apr 1, 2009
14,956
3,831
118
Gender
Whatever, just wash your hands.
Seriously surprised that this wasn't here already: Famous Twitch public bathroom streamer Dr Disrespect touts the potential of NFTs in his extraction-FPS game.


I mean, if you thought cheating in games was bad before....
And game balance and bots and the gold farmer mines. I understand the appeal of finding something in a game worth a lot of real money but just the fact that it can happen, changes so much for the worse.
 
  • Like
Reactions: Dalisclock

BrawlMan

Lover of beat'em ups.
Legacy
Mar 10, 2016
29,294
12,213
118
Detroit, Michigan
Country
United States of America
Gender
Male
Seriously surprised that this wasn't here already: Famous Twitch public bathroom streamer Dr Disrespect touts the potential of NFTs in his extraction-FPS game.


I mean, if you thought cheating in games was bad before....
I have a link that was posted a months back about his stupid FPS NFT "game". Dude's a total scam artist that don't know shit about gaming other than a battle royale. And even his knowledge of the genre is dubious at best.
 
Last edited:

Chimpzy

Simian Abomination
Legacy
Escapist +
Apr 3, 2020
12,823
9,254
118

BrawlMan

Lover of beat'em ups.
Legacy
Mar 10, 2016
29,294
12,213
118
Detroit, Michigan
Country
United States of America
Gender
Male

Ag3ma

Elite Member
Jan 4, 2023
2,574
2,208
118

So sad. :cry:

Not long after the collapse of FTX, the US authorities have handed the other major crypto exchange, Binance, a hefty legal punch.

Allegations include knowingly carrying out financial transactions for criminals and terrorist groups, evading regulatory oversight, assisting customers evade normal legal checks and potentially tipping them off of pending investigations.
 
  • Like
Reactions: BrawlMan

Schadrach

Elite Member
Legacy
Mar 20, 2010
2,166
419
88
Country
US

So sad. :cry:

Not long after the collapse of FTX, the US authorities have handed the other major crypto exchange, Binance, a hefty legal punch.

Allegations include knowingly carrying out financial transactions for criminals and terrorist groups, evading regulatory oversight, assisting customers evade normal legal checks and potentially tipping them off of pending investigations.
I miss the days when the biggest crypto exchange was a Magic: The Gathering card trading site. That's not a joke either, before it shut down the biggest crpyto exchange was MTGOX, whose name was literally an abbreviation for "Magic: The Gathering Online Exchange". Because it was a card trading site that expanded into crypto, starting back when "crypto" just meant Bitcoin.
 
  • Like
Reactions: Ag3ma

Ag3ma

Elite Member
Jan 4, 2023
2,574
2,208
118
I miss the days when the biggest crypto exchange was a Magic: The Gathering card trading site. That's not a joke either, before it shut down the biggest crpyto exchange was MTGOX, whose name was literally an abbreviation for "Magic: The Gathering Online Exchange". Because it was a card trading site that expanded into crypto, starting back when "crypto" just meant Bitcoin.
Ah, there's lots I loved about the internet before big business gets involved.

Back in the 90s, you surf the web and you found someone's little passion project on the topic you were interested in. These days, if any of those sorts of pages still exist they're ranked about 239th in the Google search list behind all the adverts and superficial bollocks designed to offer attractive, generic shit for a quick buck.
 

Chimpzy

Simian Abomination
Legacy
Escapist +
Apr 3, 2020
12,823
9,254
118
Ah, there's lots I loved about the internet before big business gets involved.

Back in the 90s, you surf the web and you found someone's little passion project on the topic you were interested in. These days, if any of those sorts of pages still exist they're ranked about 239th in the Google search list behind all the adverts and superficial bollocks designed to offer attractive, generic shit for a quick buck.
The trick nowadays is to add "site:reddit.com" to your google searches. Tends to give you better results.
 
  • Like
Reactions: BrawlMan