BitCoin: "The Most Dangerous Project We've Ever Seen"

I am not sure what you are implying I am saying, but my claim was pretty superficial and really only based on how games do not like to allow players the rights to use their avatars and items for their own purposes, and that NFTs seem to be this way of ownership of some idea that is not supposed to be the intellectual property ownership that is enforced by legality.

Yes, in an effort to boost the scam they could use blockchain tokens to have some sort of user verification. There are other ways to do such a thing, and probably simpler ones, but if you are invested into these particular things as a developer or executive in a gaming company you would push this rout for your own profit over security and easiness.

Going any further down that rabbit hole is not something I am going to do. It is called a comment and I think you are taking it far further than it was meant.

I am a developer, and what I'm saying is based on my views, the views of fellow devs, and the views of executives I've chatted with about it.

NFTs can be made to do things, but they're largely a convoluted solution in search of a problem.

Nori has been working on a climate market for a while, but yeesh on getting into this. Good luck I guess?

In skimming Nori's website, it looks like they're basically paying people to grow trees (slightly more complicated than that, but not really). All well and good, until a forest fire comes along and burns the place to the ground, as has happened in many places.

There are ways to make sure that carbon offsets don't go up in flames but I don't know of anyone doing that. If @Order2Chaos wants to help with the technical side of things (like making a cryptocoin, etc.) I'll be happy to help with the bits of ensuring that the carbon gets locked away forever. Uberhippie James Lovelock has said what the best method of locking away carbon is but nobody, AFAIK, in the carbon offset business is actually doing it, so there's fairly solid science behind it.

The best way is not to emit it. If we can do that, we can work on removal.

Nori is currently working with regenerative farming and they are auditing practices that will store carbon for 10 years. So the units they're working with are tonne-years of storage. Not permanent, but attempting to quantify. Their real goal is a marketplace, which is where their blockchain allegedly comes in.

Carbon offsets are different from removals are different than storage.

That's... actually kinda neat? I assume this basically gives the tree planter via Nori a cut of the transaction. Basically a voluntary carbon tax on Ethereum transactions. Since network fees are not dependent on number of parties to a transaction or size of the transactions, there's no obvious technical reason it couldn't work (other than the specific objections to tree-planting-as-carbon-sequestration).

Reading the article, I can't tell what you're talking about. The algal bloom thing? I tend to agree with the critics that that's not a good idea. If you mean you have the ability to get a nuclear plant built, by all means, do so, please!

That said, what do you need a cryptocurrency for? Nori works with other companies that deal strictly in cash, and isn't dealing with the blockchain at all, just Rarible (except, presumably, to sell their coins, but it might be Rarible is taking their own cut and just giving them cash).

Again, that stuff is fine until a fire burns through the area. Which tends to happen due to global warming. Lovelock's method is to ensure that it can't be re-emitted for at least geological periods of time. And, yeah, reducing emissions is the best way, but that's not going to happen for some time.

I think I added some confusion. Nori has a weird accounting scheme that is also a crypto token that has a value. In the tweeted example, though, they are defining the carbon emissions from an NFT and giving people the option to pay for an equivalent amount of carbon emissions through their marketplace.

Not the algal bloom thing at all.

Fucking marketing is why one needs cryptocurrency. You know, this shit:


Is what I'd look like if I proposed a straightforward solution, throw crypto into the mix and I become Lando Griffin

Speaking of algal blooms:

Lots of fun in here: https://blog.dshr.org/2022/02/ee380-talk.html

Just when you thought this timeline couldn't possibly get any dumber.

Oooh, we’ve got to be nearing peak stupidity!

And nothing of actual value was lost.

If you want to see lots of NFT scams... http://web3isgoinggreat.com/.

I used to think pennies in puddles of caustic chemicals had a horrible existence, but the sleaze of bitcoin type of scum really makes me sad for the 1's and 0's.

You’re going to want to read the thread

In case the AP develops a sense of shame and decides to delete the tweet here’s a screenshot.