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(Tech Crunch)   Carbon credits, blockchain and Adam Neumann combine to form a financial Voltron of Suck   (techcrunch.com) divider line
    More: Asinine, Venture capital, Image Credits, carbon credits, Andreessen Horowitz's crypto division, Startup company, General Catalyst, venture capital firms, Dot-com bubble  
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435 clicks; posted to Business » on 25 May 2022 at 4:05 PM (11 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



12 Comments     (+0 »)
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2022-05-25 2:28:44 PM  
FYI the blockchain mentioned in the article uses proof of stake so it's only a regular level of inefficiency, not a nation-state-equivalent power consumption. Comments about burning down a rain forest to trade carbon credits would not apply. Please mock accordingly.
 
2022-05-25 3:07:46 PM  

Ivo Shandor: FYI the blockchain mentioned in the article uses proof of stake so it's only a regular level of inefficiency, not a nation-state-equivalent power consumption. Comments about burning down a rain forest to trade carbon credits would not apply. Please mock accordingly.


So instead of cutting down the rainforest to try and score the golden ticket, you're just going to cut down half the rainforest so a guy who did nothing but drop money onto the pile can take the golden ticket off your work.  And somehow that's better?
 
2022-05-25 3:32:50 PM  
This might be the stupidest thing that I've heard all month.  I'm sure that many fools will be parted from their money regardless.  I used to think it would be nice when the crypto craze finally ends, but it's going to be replaced with something even more stupid is the problem.
 
2022-05-25 3:51:51 PM  

Marcus Aurelius: but it's going to be replaced with something even more stupid is the problem.


I see you've not heard about NFTs.  Can I interest you in a shiattily-drawn monkey?
 
2022-05-25 4:16:41 PM  
So you're going to waste a bunch of energy in order to help people prove that they aren't wasting energy?

[south_park_underwear_gnomes.gif]
 
2022-05-25 4:28:20 PM  

phalamir: Marcus Aurelius: but it's going to be replaced with something even more stupid is the problem.

I see you've not heard about NFTs.  Can I interest you in a shiattily-drawn monkey?


I actually wrote a program in Solidity to see what all the excitement was about.  I got to see first hand what a giant steaming pile of virtual garbage looks like.  Holy cow that's a hot mess.
 
hej
2022-05-25 6:59:15 PM  
Why on earth would anybody give this guy a dime after WeWork?
 
2022-05-25 7:10:45 PM  

phalamir: Marcus Aurelius: but it's going to be replaced with something even more stupid is the problem.

I see you've not heard about NFTs.  Can I interest you in a shiattily-drawn monkey?


A lotta yall still dont get it. Ape holders can use multiple slurp juices on a single ape. So if you have 1 astro ape and 3 slurp juices you can create 3 new apes.
 
2022-05-25 7:26:36 PM  

Rage Against the Thorazine: phalamir: Marcus Aurelius: but it's going to be replaced with something even more stupid is the problem.

I see you've not heard about NFTs.  Can I interest you in a shiattily-drawn monkey?

A lotta yall still dont get it. Ape holders can use multiple slurp juices on a single ape. So if you have 1 astro ape and 3 slurp juices you can create 3 new apes.


It's like Disney World. Each Ape has a maximum slurp juice capacity, so if a large crowd forms a line, you're going to wait a while to get an Ape. But if your slurp juice is smaller than the minimum, you can mint an Astro Ape together with a regular sized slurp juice as long as the blockchain operator allows it. And if they don't, you can yell at their manager and insist your slurp juice vacation is ruined.
 
2022-05-25 11:10:47 PM  
Fark user imageView Full Size


/ok so not quite
 
2022-05-26 3:56:45 AM  
Anyone who gives this assclown money deserves to lose it, blockchain or not. He's obviously a shiatty grifter with no value.
 
2022-05-26 8:26:53 AM  

Snarcoleptic_Hoosier: Rage Against the Thorazine: phalamir: Marcus Aurelius: but it's going to be replaced with something even more stupid is the problem.

I see you've not heard about NFTs.  Can I interest you in a shiattily-drawn monkey?

A lotta yall still dont get it. Ape holders can use multiple slurp juices on a single ape. So if you have 1 astro ape and 3 slurp juices you can create 3 new apes.

It's like Disney World. Each Ape has a maximum slurp juice capacity, so if a large crowd forms a line, you're going to wait a while to get an Ape. But if your slurp juice is smaller than the minimum, you can mint an Astro Ape together with a regular sized slurp juice as long as the blockchain operator allows it. And if they don't, you can yell at their manager and insist your slurp juice vacation is ruined.


I'm pretty sure I can put that scene together in Roller Coaster Tycoon...
 
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