NFTs already being used to censor the web. Video with nearly a billion views taken off YT.
(media.conspiracies.win)
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I mean good for them, if some idiot is stupid enough to buy an NFT then you deserve their money.
The entire point of NFT's is money laundering, which is why they are worth so much. People are not buying the artwork, that is just a legal loophole to escape duies and taxes. They are buying the crypto has connected to that artwork which is unique and uncrackable. Thus they can buy and sell that to transfer value across borders without having to move cash, and thus incur duties. They can even play games with deductibles like "donating" the NFT to a charity they control, geting the tax write off, then "gifting" it to a shell corporation they control from there to sell it again.
Once you are able to monetize a meme like this I wonder what the implications are on satire fair use.
Memes in themselves are satire already.
A quick search:
https://www.youtube.com/watch?v=0EqSXDwTq6U
Not even that funny really.
"Most viral video"
I know I'm not that into this crap, but this is the first time I've heard of it.
There are people like my coworker that scroll and scroll and scroll through all these publicized family moments. Try to talk to them about the world, current issues, they either get angry or let you know they are not interested or just don't care...
These are voters.
Yea, First time I’ve heard of it
EU has been trying to take down simplistic memes simply bc they are so effective. They are the political cartoons of modern times
This is what sparked my recent interest into what they’re up to with these
I recognize that this distracts from the thesis here: I’m drawing attention to an intended end state not necessarily a current state.
Not quite there, but next time if you upload something funny they will take it to sell your stuff as NFT.
Source: https://www.pennlive.com/life/2021/05/charlie-bit-my-finger-video-to-be-removed-from-youtube-as-family-tries-to-sell-it-as-nft.html
and nothing of value was lost...
Please note here the CREATOR of the video is taking it down to sell it as a NFT. So unless the creators you follow are massive douches, this isn't going to be a big issue.
I think this is actually indicative of a “titleing process” similar to how other large asset purchases are settled. Legal documents require proof of ownership and then asset control is transferred to new owner. This is something technology companies will facilitate because they’ll profit off of the exchange fees similar to how banks profit off of exchange.
It's not censorship - it's someone trying for a quick payday. Good. Let them do this and be forgotten.