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no, they're just trying to pump doge for a quick buck
JUST RICH BILLIONAIRES MAKING UP A PRODUCT TO MAKE MONEY
​
TOPSHOT IS FUCKING STUPID but i understand thats how we are heading , the digital age
Relevant portion of the article regarding the scope of the committee:
The move comes amid the exploding popularity of NBA Top Shot, digital collectibles that are being sold by league licensing partner Dapper Labs on its Flow blockchain. More than 200,000 people entered a recent Top Shot release, and the resale marketplace has seen more than $300 million in sales.
“It has very little to do with Top Shot,” Cuban said in an email. “It’s about blockchain applications, of which Flow is just one option.”
Some NBA teams are already accepting cryptocurrencies in their arenas, and blockchain-driven businesses in gaming, sports betting and digital art—all areas of interest for the league—are beginning to reach a more mainstream audience.
In addition, the NBA’s younger, tech-savvy fans overlap heavily with the social media movement that is driving interest in alternate forms of investing and blockchain-enabled transactions. That’s true for its players as well—Andre Iguodala, Aaron Gordon and JaVale McGee are all Dapper Labs investors; as is Spencer Dinwiddie, an avid crypto-enthusiast who tried to tokenize his NBA contract in 2019. It’s unclear if a Top Shot equivalent for MLB or even the NFL would have had the same instant cultural impact.
Less public-facing, blockchain could also be used for myriad backend purposes, from data sharing, storage and security, to contracts and ticketing—any area in which it’s helpful to have a complete, digital ledger of ownership and transactions.
I never realized that the there are active NBA players invested in the company behind TopShot.
List of team Governors involved.
Not surprisingly all of these members of the committee have either a tech or finance background. Cuban and Ranadive had been publically supportive of broader blockchain applications in the past. The Kings were the first team to accept Bitcoin back in 2014.
Is anyone else confused as to why Topshot is worth so much?
I think there was a LeBron play that was purchased for $200k, can't you just get it off of YouTube?
I can understand why stocks, currencies, cryptocurrencies, OG player trading cards, and cards like pokemon can increase and decrease in value. I don't get how a virtual card containing a "highlight" accessible for free on media sites, garners any real monetary value.
tldr; Cipher Mining on Friday said it will go public through a merger with blank-check firm Good Works Acquisition Corp in a deal that values the combined company at $2 billion. The deal will provide the merged entity with gross cash proceeds of $595 million, which includes $425 million from investors including Fidelity Management & Research Company and Morgan Stanley's Counterpoint Global. The combined company is expected to be listed on the Nasdaq under the ticker symbol 'CIFR'.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This past year has been full of libertarian anarchist movements all over the world. Society is still functioning. What is he talking about?
What he means is that Bitcoin is a threat to his pocketbook.
First they ignore you. Then they laugh at you. Then they fight you. Then they join you. Then you win!
Tim Bond shoul worry about crimes done by banks and with fiat... All these crimes we re happeing before bitcoin.
Tim bond should invest in bitcoin because we are going to hit 100k this year
It's funny how all these fund managers suddenly care about the environment so much. Do they fly their private jets to the weekly Greenpeace meeting?
I mean, good. Displace currencies. Encourage defi. Don’t threaten me with a good time.
Maybe he is upset cos it threatens his job + he missed the dips.
' believes bitcoin could prevent society from functioning in an efficient and ethical manner '
- but society isn't exactly efficient and ethical now?
I feel he sees crypto as a threat to his job so he jumped on the biggest FUD train I've ever seen. People often act irrationally when their employment is threatened.
fwiw, BTC does actually consume a shitton of energy and produces a shitton of e-waste. It’s slow and inefficient when compared to classic payment methods, and extremely volatile when compared to classic value stores. The “distributed” concept is also just a fad since just a happy few control most of the BTC wealth.
I love cryptocoins, but there are better options out there.
That being said, you have to appreciate the irony of a hedge fund manager to call out others about ethics.
Tim Bond, partner and portfolio manager at Odey Asset Management, believes bitcoin could prevent society from functioning in an efficient and ethical manner
What was stopping it before?
Tim Bond. Sounds like a dude who would have asshat opinions.
tldr; A portfolio manager at Odey Asset Management has warned that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds of crime. Tim Bond said that bitcoin mining is damaging the planet. Bitcoin mining consumes an annual 118.17 TWh of electricity, equivalent to the annual output of a medium-sized advanced economy, he added.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
"If bitcoin starts to displace fiat currencies [government-issued currency that is not backed by a commodity], governments’ ability to tax, spend and redistribute will be severely impaired"
If anything, it would make it easier since everything is public... It would be easier to smell bad things going on in the global financial system but slightly harder to find the cause, as opposed to our current system where we can't smell at all but can easily point fingers.
Straight up. This dude either has some extreme fomo or is just in complete denial
I understand desperation but can't they think of something more original? With the money they have they could easily afford a starving Hollywood screenwriter to come up with better lines.
I disagree with the notion that a society exists in the way it is claimed, and that it has a "function." Far too many reification fallacies involved in those kinds of arguments.
I disagree that BTC could prevent the processes which lead Humans to believe societies exist (as in "for the sake of society" - there is no such sake). At least not in the way they're describing, no. Perhaps in another way.
But no, BTC is apolitical. It's a tool.
Bitcoin is amazing for protecting my family from the horrible inflation to come from the dollar.
I don’t disagree. This community is liberal leaning (something that I don’t agree with) and it is a disruptive technology that will shake up society at some point, it’s already happening. To buy bitcoin is to challenge the banks, that is anarchy.
How could one be scared to jump into atleast BTC with a man like Michael consistently buying the dips. Hard to say it’s still a speculative asset.
Very risky move, he’s tying the fate of the whole company to the price of Bitcoin.
It is basically learn from which type of data, amont of data, and it really different from regions to regions, and it is biased from country to country. And most important thing is 'data' it is different from real world and internet world. It is biased. We should take care of which type data we feeding to AI algorithms. Data is changing dynamically that is real issue. So people prospects, opinions are different from place to place. Let's see how is going to solve humans problems.
I wonder if this advanced understanding of which neurons represent what will allow us to edit neural networks to remove bugs
The Apple with the "iPod" label placed over it fooling the network is kinda hilarious and impressive at the same time.
Isn't this just a neural network that is trained to classify three different inputs to a single target? I'm not seeing the innovation here.
I think this is bigger news than people realize. This is even further proof that artificial neural networks can learn semantics/meaning, which suggests that these networks will eventually understand semantics as well as humans — and then better than humans. AGI, here we come.
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It's almost as though we're not creating AI, we're growing it.
I've always felt that the views of those who say "we're a long way (hundreds of years) from creating generally intelligent AI" have resonated with me. We're basically trying to create patterns as complex as our own, using our own patterns as examples. That while having a limited understanding of how our own pattern works.
But if AI is growing on its own, using our experiences (data) as fertilizer, I could see it happening extremely rapidly. If it works that way. For now, it appears that it does work that way.
AI seems to be emerging, rather than being created by us humans line by line.
This is a crosspost from /r/futurology. Here is the link to the original thread: /r/Futurology/comments/lxxtty/openai_weve_found_that_our_latest_vision_model/
Seeing the Spider-Man neuron work on multiple types (pictures, drawings, text), makes it seem like we can teach AI to learn these same type connections.
And if we scale up the network size enough, what if we could see these types through the equivalent of a being with 1000IQ? What connection types are the most effective for a being like that? Can we even understand them? Maybe they would be deep, and archetypical in the way that Odysseus and Harry Potter are the same, despite the fact that one is an ancient Greek king, and the other is a modern British wizard. Even more interestingly, maybe the connections would be completely inexplicable to us, with no apparent rhyme or reason perceptible to humans.
[1] https://microscope-azure-edge.openai.com/models/contrastive_...
[2] https://microscope-azure-edge.openai.com/models/contrastive_...
"Our model, despite being trained on a curated subset of the internet, still inherits its many unchecked biases and associations."
If these models find themselves into production environment - if they are good enough and profitable enough - they will eventually become legacy systems quietly perpetuating the biases of past times.
They say "Each neuron is represented by a feature visualization with a human-chosen concept labels to help quickly provide a sense of each neuron", and these neurons are selected from the final layer. I don't think I understand this.
I'm not suggesting this example is the case, but with AlphaZero, for example many of the moves are beyond an average players comprehension. What happens when it's beyond the greatest of us?
Exciting times are ahead!
It isn't surprising that a model trained for alligning photos and corresponding text labels has neurons that have learned higher semantic concepts as that is exactly the goal of generalisation.
The finance neuron [1330], for example, responds to images of piggy banks, but also responds to the string “$$$”. By forcing the finance neuron to fire, we can fool our model into classifying a dog as a piggy bank.
In other exciting news, we’re also announcing the latest recipient of the OKCoin Bitcoin Developer Grant — Antoine Riard — who also just so happens to focus on Lightning development.
Hey guys - i'm at OKCoin so happy to answer any Qs you have about the integration.
We're really excited to help grow the lightning ecosystem as the more that adopt it, the better for all of Bitcoin.
I was not expecting them to be the second major exchange after bitfinex. Looks like it's time to open an account with them.
Yes that is awesome. The start of using lightning by exchanges will mature lightning. Hope many will use it.
Offers Kraken already lightning or what is the status there?
3Lau did it already .... https://edm.com/gear-tech/3lau-record-breaking-nft-sale
So there's a ton of shit happening in eth world obviously but for some reason this one story is the one that has me very optimistic for the future. And I'm not even a Kings of Leon fan...
My question is how do I invest? The market places have there own coins but from what I can tell I can't buy inside living in america. Stuff like dapper labs and opensea are very interesting but from what I can tell I'm locked out...are these just running on ethereum? Should I just invest in that?
Question from a dummy - does this mean each sale of the album will be a separate NFT in the same way an artist can sell multiple editions of one artwork? And if so, does each edition take up its own space within the block chain?
Agelaius-Phoeniceus said:
The concert ticket part is more interesting, I think. That's a possible real use case. No idea how they're going to actually pull that off though on a technical level, it's not like Livenation is going to cooperate in any way.
coinfeeds-bot said:
tldr; Kings of Leon is the first band to release an album in the form of a non-fungible token (NFT). NFTs are a type of cryptocurrency, but instead of holding money, they can hold assets like art, tickets, and music. The band is selling three types of tokens as part of a series called “NFT Yourself.”
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ConfidenceNo2598 said:
Yeah I wonder how up to date intellectual property law is with any of this regarding who actually owns the song, but it’s super interesting (I’m also really dumb.)
If I buy this record, do I “own” it in the sense that I can register it with a PRO and collect mechanical royalties on it? Lol probably not, but what If instead of giving up 100% of the rights the royalties on the song/album could be split between owner and buyer by way of smart contract, then buying an NFT song could be considered investing in the potential for it to get a lot of airplay, placement in games/movies/commercials and any other licensing royalties that music recordings generate. It could open up a whole new arena for whale investors to be incentivized to push for the commercial success of artists they like for a shared profits. I think I might like the idea
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If anyone knows, how exactly will this work. So I get a digital copy of the album per token and I get a ticket to go to the live show?
The real story here is that some journalist still cares enough to report on Kings of Leon.
It just not better be an over valued price. NFT has way too much hype right now.
It really should be an ERC-20 token with zero decimal places, though, because there will be many identical copies.
I think the most annoying thing about this is that they are not really engaging with the technology. They are just slapping it on as a way to make money and news. As a musician myself I had this idea of making an album of NFTs (now reading about the environmental impact I’m definitely more iffy about it) but the songs would be one of a kind and would be a single unique take. I’m not saying I’m better than KoL or anything but that that as an idea engages with the technology more and actually does something with it. Like already I find it interesting the idea of treating a song like a unique one of a kind painting at an auction, NFTs make it way more possible than before. What KoL is doing is just lazy
Sadly, the dominating type of artists in the crypto space so far are con-artists.
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Interesting but I think we can not relate it to IOTA. Let's be patient...
All these bullish signs are piling up. We already had a bull run, but perhaps it was only the beginning.
Paypal and Mastercard are really enthusiastic about crypto, it seems. Soon they'll be going balls deep like the rest of us.
Every day for 2 straight months now, we keep hearing about new multi million dollar investments and new adoption practices. The bulls are truly in town.
Wow great iota will soon moon soon. Stars are aligning well. This is a great news!!!
What does this mean for Nano? Anything or nothing? I ask in reference to the, and I’m sorry, ‘PayPal killer’ pseudonym I’ve been hearing.
Interesting...
https://www.coindesk.com/algorand-teams-up-with-crypto-custodian-curv-for-trusted-defi
DeFi on Paypal?
In two week Elon Musk buys PayPal , makes Doge coin the currency of choice on PayPal.
A year later Doge Coin becomes the world reserve currency.
Everyone is give a Tesla as we rejoice in a utopia society.
So IOTA on PayPal soon...?
(https://blog.iota.org/iota-foundation-partners-with-curv-custody-to-expand-the-iota-token-ecosystem/)
tldr; PayPal is said to be in the process of buying Curv, a technology firm that powers the secure storage of cryptocurrency. Curv has raised over $30 million to date, including a $23 million funding round in July of last year. PayPal did not return requests for comment by press time.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Currently this is only a rumour, even if it’s a rumour with more than one source. Big if it falls through though.
The Fall Of Certificate Authorities And The Rise Of Handshake
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