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(Yahoo)   GameStonk goes balls-deep because why not?   (finance.yahoo.com) divider line
    More: Obvious, U.S. Securities and Exchange Commission, digital asset wallet, GameStop Corp., press release, Company's NFT marketplace, Actual results, historical facts, Securities Exchange Act of 1934  
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926 clicks; posted to Business » on 23 May 2022 at 9:55 PM (11 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



13 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-05-23 10:01:04 PM  
After their big crash. Way to stay ahead of the curve, guys.
 
2022-05-23 10:08:00 PM  

Fireproof: After their big crash. Way to stay ahead of the curve, guys.


And it's a digital wallet connected to your browser, so you KNOW it's secure! No one has ever had their browser jacked by drive-by malware masquerading as an ad.
 
2022-05-23 10:15:28 PM  

Lusiphur: Fireproof: After their big crash. Way to stay ahead of the curve, guys.

And it's a digital wallet connected to your browser, so you KNOW it's secure! No one has ever had their browser jacked by drive-by malware masquerading as an ad.


Filled with a 'currency' that is based on nothing at all!
 
2022-05-23 10:15:54 PM  
GameStop Explained with Natalie Tran | The Weekly
Youtube p3xj0EJ8fxk
 
2022-05-23 10:36:51 PM  
A chrome browser extension? Surely, GME is surely worth another billion in market cap now.
 
2022-05-23 10:49:12 PM  
Hmmmm this might appeal to the apes over at wall street bets
 
2022-05-23 11:02:31 PM  
Everyone can poke fun all they want, but this will certainly have a great deal of utility in the near future. There is much intentional misconception regarding what a NFT can be and I also think NFT jpegs are dumb. What is not dumb is actually owning digital assets that can be tied to real assets. Whether it is a game you download or a skin in that game or a high end hand hand bag or even the deed to your house- these are examples of what NFTs can be or represent. What most do not understand is how zero proof knowledge works for these assets. They are decentralized so that I hold my own assets and only I have the key, so that is what part of the security is based on.

"For example, you could not avail of a loan without showcasing your credit score or obtain health insurance without providing health information. Zero knowledge proof can help in such situations to obtain a loan by proving that you have a good credit score without disclosing it."

Our banks are based on fractional reserve where you get no APR and the banks really don't have your cash on hand. They then loan that money out with no benefit for you. You can get a loan from your bank, but what most people do not know is that high net worth people with stocks and other assets borrow off those assets through their brokerage at a steep discount than 'a normal APR'. With GameStop and loopring (the digital asset and framework of the market) there is also a potential to be your own bank.

There is quite a bit of upside and I remember when the internet was just a fad.
 
2022-05-23 11:11:05 PM  

haterade: Everyone can poke fun all they want, but this will certainly have a great deal of utility in the near future. There is much intentional misconception regarding what a NFT can be and I also think NFT jpegs are dumb. What is not dumb is actually owning digital assets that can be tied to real assets. Whether it is a game you download or a skin in that game or a high end hand hand bag or even the deed to your house- these are examples of what NFTs can be or represent. What most do not understand is how zero proof knowledge works for these assets. They are decentralized so that I hold my own assets and only I have the key, so that is what part of the security is based on.

"For example, you could not avail of a loan without showcasing your credit score or obtain health insurance without providing health information. Zero knowledge proof can help in such situations to obtain a loan by proving that you have a good credit score without disclosing it."

Our banks are based on fractional reserve where you get no APR and the banks really don't have your cash on hand. They then loan that money out with no benefit for you. You can get a loan from your bank, but what most people do not know is that high net worth people with stocks and other assets borrow off those assets through their brokerage at a steep discount than 'a normal APR'. With GameStop and loopring (the digital asset and framework of the market) there is also a potential to be your own bank.

There is quite a bit of upside and I remember when the internet was just a fad.


Somewhere along the ways we all accepted that we no longer own digital assets? Remember software we could install on multiple computers? How about if you buy a movie, song, or album- what platforms does it work on or do you have to log in to the platform you purchased it on? Can you sell that asset- if not do you really own it?
 
2022-05-23 11:59:29 PM  

haterade: Everyone can poke fun all they want, but this will certainly have a great deal of utility in the near future. There is much intentional misconception regarding what a NFT can be and I also think NFT jpegs are dumb. What is not dumb is actually owning digital assets that can be tied to real assets. Whether it is a game you download or a skin in that game or a high end hand hand bag or even the deed to your house- these are examples of what NFTs can be or represent. What most do not understand is how zero proof knowledge works for these assets. They are decentralized so that I hold my own assets and only I have the key, so that is what part of the security is based on.

"For example, you could not avail of a loan without showcasing your credit score or obtain health insurance without providing health information. Zero knowledge proof can help in such situations to obtain a loan by proving that you have a good credit score without disclosing it."

Our banks are based on fractional reserve where you get no APR and the banks really don't have your cash on hand. They then loan that money out with no benefit for you. You can get a loan from your bank, but what most people do not know is that high net worth people with stocks and other assets borrow off those assets through their brokerage at a steep discount than 'a normal APR'. With GameStop and loopring (the digital asset and framework of the market) there is also a potential to be your own bank.

There is quite a bit of upside and I remember when the internet was just a fad.


Lol, all of that already exists, without needing to be based on an inefficient piece of code that was discarded by actual experts decades ago as an evolutionary dead end. This isn't the internet - it's minitel.
 
2022-05-24 12:20:49 AM  
Fark user imageView Full Size
 
2022-05-24 12:41:13 AM  
Gamestop has nothing to lose at this point. Gotta admire their determination to survive.

/But I ain't buying any of that shiat
 
2022-05-24 2:04:03 AM  

haterade: haterade: Everyone can poke fun all they want, but this will certainly have a great deal of utility in the near future. There is much intentional misconception regarding what a NFT can be and I also think NFT jpegs are dumb. What is not dumb is actually owning digital assets that can be tied to real assets. Whether it is a game you download or a skin in that game or a high end hand hand bag or even the deed to your house- these are examples of what NFTs can be or represent. What most do not understand is how zero proof knowledge works for these assets. They are decentralized so that I hold my own assets and only I have the key, so that is what part of the security is based on.

"For example, you could not avail of a loan without showcasing your credit score or obtain health insurance without providing health information. Zero knowledge proof can help in such situations to obtain a loan by proving that you have a good credit score without disclosing it."

Our banks are based on fractional reserve where you get no APR and the banks really don't have your cash on hand. They then loan that money out with no benefit for you. You can get a loan from your bank, but what most people do not know is that high net worth people with stocks and other assets borrow off those assets through their brokerage at a steep discount than 'a normal APR'. With GameStop and loopring (the digital asset and framework of the market) there is also a potential to be your own bank.

There is quite a bit of upside and I remember when the internet was just a fad.

Somewhere along the ways we all accepted that we no longer own digital assets? Remember software we could install on multiple computers? How about if you buy a movie, song, or album- what platforms does it work on or do you have to log in to the platform you purchased it on? Can you sell that asset- if not do you really own it?


Not really the same thing for many reasons that I'm sure you're too smart to have explained to you.

But I'll try...

The short of it is, TOCs and EULAs aren't a thing with the NFTs haterade was referring to. Yes, you can sell them. Yes, you (you're wallet) own(s) them.

Yes, "ownership" of a NFT really does just constitute a record in a blockchain. That record can be verified by games and lots of other 3rd party software to entitle you to different things within that software, though.

/Some NFTs are non-transferable
//Transferability is up to the creator of the smart contract
///in this case, GME could go either or both ways, depending on the product
 
2022-05-24 2:05:49 AM  

leviosaurus: Gamestop has nothing to lose at this point. Gotta admire their determination to survive.

/But I ain't buying any of that shiat


I bet you would if you play games and that item had some sweet utility in the game.
 
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