• 0 Posts
  • 4 Comments
Joined 1 year ago
cake
Cake day: July 1st, 2023

help-circle
  • Weirdly enough, despite the hype of NFTs, that’s what they were being used for in the background of the bullshit.

    Small artists were and still are using it to sell their work internationally, where they can tailor their own contracts that people, by default, agree to by purchasing.

    They were used by people to control and verify their ownership of sensitive digital media as well.



  • I’m pretty blockchain neutral. I took an interest in it at one point, did some graphics work for a few companies so I learned the ropes. So yeah, I agree with the statement that OP’s making a few leaps in logic.

    There are a lot of corrupt as fuck companies working in blockchain because of a weird cryptobro need to reinvent the wheel of finance, but blockchain is still kinda neat. Sending funds internationally is easier, in my experience. Moving funds across borders can be a pain in the ass through a bank if you don’t do it often - with crypto it’s a few clicks.

    This is from my old crypto knowledge before I stopped working with those folks, but there was a company in africa that launched a mesh network that spanned across multiple countries, using crypto as both the payment and the fee for spreading the signal or using it. Then there were at least a couple cases of people securing control of personal, sensitive media by tokenizing it as an NFT - which I understand was done as a faster and cheaper alternative to copyrighting internationally.

    Again, I can not state enough how not a crypto bro I am, because it seems like standing in the middle of the road makes me too block-chain friendly for the internet. I’ve just been involved peripherally to a few things that made me go “Huh, that’s actually pretty cool.” It’s just another technology.


  • That’s a good point, people make nodes because the incentive helps make sure there are enough servers on the network to keep it secure.

    However, back in the days before blockchain we had SETI. So a case could be made that people will volunteer resources for something that mutually benefits them. Protecting ourselves from doctored media and deepfakes would be a pretty good incentive.

    Then again, there are a lot of different cryptos tied to tasks already - like using phones as nodes in a mesh network, using a decentralized search engine, learning about crypto itself, etc. If blockchain turned out to be a good way to verify media, there could be a pay off for joining the distributed ledger.