Token Daily

Your submission has been flagged for removal because it is considered off topic for the Bitcoin subreddit.

^^I ^^am ^^a ^^bot ^^and ^^cannot ^^respond. ^^Please ^^contact ^^r/Bitcoin ^^moderators ^^directly ^^via ^^mod ^^mail ^^if ^^you ^^have ^^questions.

1

unfuckingstoppable redditor for 1 week 6 hs ago

no, they're just trying to pump doge for a quick buck

2

tastetherainbow_ 5 hs ago

specifically, Mark Cuban.

1

AntiSharkSpray :gd-1: Gran Destino 6 hs ago

That thumbnail is the stuff of nightmares

1

Xclusivsmoment Heat 8 hs ago

I'm so confused about Top Shot, like should I be using it or nah?

1

sus_gangster_ceo Raptors 8 hs ago

Can you afford it?

1

Xclusivsmoment Heat 5 hs ago

How much do i need ? Like fr serious question

1

sus_gangster_ceo Raptors 5 hs ago

[Just to give you an idea](https://www.nbatopshot.com/search?byPlayers=2544)

1

Xclusivsmoment Heat 4 hs ago

Is it worth it? Is there money to be made?

1

pengtingsonmywhatsap 2 hs ago

Like all investments it’s a leap of faith. In my opinion the worst investments are made literally to only make money. 9/10 You have to believe in or like the product/stock in some capacity for it to be good. The people who made the most money on crypto really believe crypto will be the currency of the future. Or enjoy art so are willing to just have the painting hanging on their wall, in a gallery and not buried in storage waiting for it to rise in value. When you go in it to make money you’re much more likely to only make a small profit because you see a gain or lose money as you sell as soon as it looks bad. If you really think after research digital cards will be something people want then you should. Right now the only reason it’s exploding is because people think it’ll be worth money, but the people who will really enjoy it will be the winners. I think the next step is where players can electronically sign these moments. So you can have ‘autographed’ digital moments.

1

sdhydro :lal-1: Lakers 8 hs ago

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

4

hiphopfrank 8 hs ago

Maybe the new nba blockchain can finally fix the ratings issue.

0

emmaleegee 8 hs ago

Rad

1

applesauce4president Knicks 8 hs ago

Fuck joe Tsai

6

watchmewhip23 9 hs ago

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.

2

watchmewhip23 9 hs ago

List of team Governors involved.

Mark Cuban (Mavericks)
Joe Tsai (Nets)
Ted Lenosis (Wizards)
Steve Pagliuca (Celtics)
Vivek Ranadive (Kings)
Ryan Smith (Jazz)

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.

1

SilverShelloton 9 hs ago

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.

19

LakersRsoSickHuh 6 hs ago

Because it’s a scam

2

WavyKirk :det-1: Pistons 7 hs ago

Money laundering. It’s like art.

2

virgilabloke 23 7 hs ago

Well some investors could’ve bought the 200k play to demonstrate the value of it. Marketing technique. Personally I can’t understand it as it lacks intrinsic value. Some probably think they have resell value because of the publicity, hype around it and consider it a good investment. Anyway, it’s not for everyone. If it makes people happy and they can afford the worst scenario, why not?

1

fuckatyoutwo 8 hs ago

The value of all those things you listed, including Topshot, is based on what people are willing to pay for them. As we all saw with Gamestop, the price of an asset can easily be disconnected whatever you want to ascribe as it's inherent value. A physical trading card for example is just some company issuing a Thing that enough people want to buy, making it worthwhile for people to sell. If the Thing was a promisary note for the card, or an IOU, or a QR code, it would not be functionally different.

1

ItsLittyLitLit [BOS] Marcus Smart 8 hs ago

Because we put value into them. Also, you can show off your highlights in a sideshow which is cool Edit: ⬆️ Caught myself putting value into it. Why do/should I care about being able to display highlights to other people? 🤷‍♂️

2

watchmewhip23 8 hs ago

I’m sure that there are more knowledgeable people on this subreddit regarding TopShot. I have similar questions, however the best argument I have heard for it is that the utilization of the blockchain automatically authenticates the item in question. In traditional card trading, when buying online you run the risk of a card not being in a marketed condition or counterfeit. The Non-Fungible Tokens (NFTs) used to represent a highlight in the blockchain acts as an authentication method. The question really is down is this a fad like POGS or Beanie Babies, or if these NFT are a legitimate store of value that is stable.

2

rSlashNbaAccount 8 hs ago

> Is anyone else confused as to why Topshot is worth so much? https://en.wikipedia.org/wiki/Greater_fool_theory

5

lordexorr :bos-1: Celtics 8 hs ago

You can get pictures of players all over the internet too so why would player trading cards make sense while not this? I think it’s weird and wouldn’t collect it but I don’t see it as any different than trading cards.

11

WesternBookOfTheDead 7 hs ago

That’s physical vs digital though.

4

uber_troll :gsw-2: Warriors 6 hs ago

Would you rather have Bitcoin or a block of gold?

0

Rager_YMN_6 Lakers 6 hs ago

Not analogous

2

uber_troll :gsw-2: Warriors 5 hs ago

Substantiate your claim

1

gerardmpatience Pacers 6 hs ago

Nuh uh

1

gustriandos [PHI] Eric Snow 8 hs ago

There is truly nothing too dumb for people to spend money on if you can prove you own it

3

echOSC 7 hs ago

Nothing new, entire industries use some sort of fake limited supply to get people to open their wallets. Sneakers, cars, clothes, watches, etc etc. Always was, always will be. Amuses me when they get all indignant when people resell the limited thing for profit.

3

VolcanicJays :bos-3: Celtics 9 hs ago

I guess the main argument for why it holds value is the same reason that cards like basketball or Pokémon holds value. They’re cool and people will want to collect them.

5

RF_Sunter 8 hs ago

The difference is that those are physical items that eventually stop being produced. The fact that they at some point become limited and you can hold them is why Charizard goes for tens of thousands of dollars. These highlights don't go out of print, you can watch them anytime on YouTube.

10

Spike_der_Spiegel [TOR] Kyle Lowry 8 hs ago

because it's 2021, we've digitized the aura of authenticity, eat Benjamin

2

VolcanicJays :bos-3: Celtics 8 hs ago

No one really buys the cards for the picture, otherwise you could argue that physical cards don’t have value since you can look up pictures of Lebron or Luka as a rookie anytime. The moments are also limited to a certain amount and no more are produced after that amount has been produced. And personally, I’d much rather have digital cards than physical ones. Digital ones don’t get old or worn down, they’re easily transportable, and if need be it’s quick and easy to sell them on the marketplace. Obviously it’s not gonna appeal to everyone and that’s fine, but they definitely have value as the only legitimate way to essentially own digital NBA basketball cards.

2

watchmewhip23 8 hs ago

The biggest pro for digital trading is there is no risk of counterfeit or poor-condition “cards”. The The tokens (or whatever) on the blockchain acts as authentication, and removes some of the friction involved in the transaction.

3

gustriandos [PHI] Eric Snow 8 hs ago

I think its just that you can prove you have the "real" thing. Like you could print your own card if you wanted and it looks and feels the same but its knowing you have the real thing that's valuable. Ownership of a digital card is definitely a little more convoluted and weird to someone like me but people that are into tech and blockchain stuff probably dont see a difference

7

DogeCoinGeneral 9 hs ago

Adopting dogecoin ( Corporate America ) This Is The Way 😤

3

ak44m flaming shibe 9 hs ago

Dope

1

2

6

2

1 2

25 3

Altruistic_Bullfrog9 Redditor for 3 months. 4 hs ago

This past year has been full of libertarian anarchist movements all over the world. Society is still functioning. What is he talking about?

1

ThatOtherGuy254 Platinum | QC: CC 121, BTC 18 | TraderSubs 18 4 hs ago

What he means is that Bitcoin is a threat to his pocketbook.

1

NeonRetroTech 5 hs ago

First they ignore you. Then they laugh at you. Then they fight you. Then they join you. Then you win!

1

Pedra87 6 hs ago

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

1

Whiteknightsassemble 6 hs ago

The names Bond. ~~fucktard~~ Tim Bond.

1

turkeysad 6 hs ago

Lmao digital currency going to break down society

1

dr_rainbow 6 hs ago

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?

2

fatherintime 6 hs ago

I mean, good. Displace currencies. Encourage defi. Don’t threaten me with a good time.

4

mirza1h 6 hs ago

Ok, boomer

0

maolyx 6 hs ago

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?

1

NorthNode22 1 - 2 years account age. 100 - 200 comment karma. 6 hs ago

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.

1

gazorpadorp 6 hs ago

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.

0

damageinc86 6 hs ago

I'm just glad that btc and other cryptos don't protect me by letting me overdraft my wallet and then charge me for it once it happens. That's kind of cool.

2

iNstein Tin 6 hs ago

Actually most of the power is spare off-peak unused power from Chinese dams so not only is it green but it enables the green power to be viable. Also if you look into how much banks and fiat use, it dwarfs this.

0

James-VZ 7 hs ago

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?

8

damageinc86 6 hs ago

I wasn't even aware it was functioning in such a manner to begin with .

4

Whiteknightsassemble 6 hs ago

70+ million Americans voted for a racist, sexist, xenophobic, narcisist, compulsive liar. China imposes itself all iver Hong Kong and stands ready to fuck with Taiwan. Myanmar doing what it does best. Millions still suffering from poverty and starvation worlwide. THIS GUY MAY NEED TO GET OUT MORE.

5

damageinc86 6 hs ago

You may need to brush up on your reading comprehension.

0

Whiteknightsassemble 6 hs ago

You may need to expand yours. I was talking about Tim Bond. Not you.

5

damageinc86 4 hs ago

A ha. Reply misunderstanding at its finest.

3

captainramrod 7 - 8 years account age. 200 - 400 comment karma. 7 hs ago

Tim Bond. Sounds like a dude who would have asshat opinions.

0

coinfeeds-bot 7 hs ago

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.

3

MyTribeCalledQuest Bronze 7 hs ago

"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.

1

DracarysMeansFire 5 hs ago

I agree, also, governement issued currencies haven't been linked to a commodity (usually gold) since the 70s.

1

livingrovedaloca 7 hs ago

Straight up. This dude either has some extreme fomo or is just in complete denial

4

JanPB 11 hs ago

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.

1

centinel20 Yesterday

Haha. No shit.

1

SouthfieldRoyalOak Yesterday

“Efficient and ethical” lol

1

PeterHeir Yesterday

Fund managers without managing btc are doomed.

1

filmrebelroby Yesterday

This poor guy is terrified out of his mind!

2

Dr-Slay Yesterday

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.

2

NonRiggedElection redditor for 6 weeks Yesterday

Bitcoin is amazing for protecting my family from the horrible inflation to come from the dollar.

1

21MILLI0N redditor for a day Yesterday

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.

1

6

4

7 7

14 11 3

santhuraj 9 hs ago

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.

1

Prometheushunter2 Yesterday

I wonder if this advanced understanding of which neurons represent what will allow us to edit neural networks to remove bugs

2

gerryflap Yesterday

The Apple with the "iPod" label placed over it fooling the network is kinda hilarious and impressive at the same time.

2

feelings_arent_facts 1 day ago

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.

2

was_der_Fall_ist Yesterday

The innovation is that they were able to analyze the way that the network encoded the multimodal data, and that through this analysis they found that the system developed semantic categories and concepts through which it learned to understand these different inputs. For example, it’s not just that the network was trained to classify an image of a spider and the plaintext “spider” to a single target. Rather, it seems to have developed a single neuron which acts as the abstract *concept* spider, which it uses in understanding images of Spider-Man, images of spiders, text about spiders, images that *show* text about spiders or Spider-Man, etc. Interestingly, this is directly analogous to the way that the actual brain works, with neurons associated with concepts that apply to multimodal data, and this connection to the human brain is another innovation of this paper.

7

feelings_arent_facts Yesterday

It’s not really doing that, as is noted by the simplicity of the typological attacks. The convolutions seem to also encode text inside them, so those will fire more strongly if there is text present and override the prediction. These papers are similar to DeepMind in the sense that this work has most likely already been achieved in the academic world, but because it’s not funded by companies, it’s not advertised. It’s also pitched as if they achieved something more than a concatenated math model because they want to sell you as if they are making progress in AGI.

2

Demboobiez Yesterday

I really really doubt anything even close to this has been achieved in the academic world. If it has I would love to see some of the research papers. And I mean yes, any computer science research is gonna be some concatenated math model underneath cause that's is the nature of the field. It doesn't mean that that math model cannot be an impressive leapt forward. Now i totally agree that they might be exaggerating and this doesn't mean that they have agi or close or whatever and possibly other academic models have achieved similar results (on a wayyyy smaller scale). But what really impresses me here is the analysis and understanding of their model which, let's be honest, 99% of all ML papers don't even go near that.

1

feelings_arent_facts Yesterday

"I really really doubt anything even close to this has been achieved in the academic world." Ok lol. Let's check, shall we? Firstly, this paper has NO CITATIONS. Massive red flag. It's not based on any prior peer-reviewed and published research. Instead, they have very cutsy 'anonymous reviews' on Github. Very cool. Here's research into an AI model that allows a robot to understand multiple stimuli to determine where it is in an environment, which is similar to the concept abstraction of what these CLIP neurons claim to do: [https://www.frontiersin.org/articles/10.3389/frobt.2019.00031/full](https://www.frontiersin.org/articles/10.3389/frobt.2019.00031/full) This took me 5 minutes to find online. I could go and find more, but I'll let you do that. You can also just read the citations of this paper I gave you, like every other real academic paper, and find more articles that way.

5

keepthepace 1 day ago

Wouldn't it the opposite that would be surprising?

5

was_der_Fall_ist 1 day ago

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.

45

Jehovacoin Yesterday

Yeah, but it's "Open"AI, so megacorporations are going to get exclusive rights to the technology to use as they see fit, while the rest of us peons get to continue on in ignorance. It sure is great to read about all the advanced technology that will be used to perpetuate mass inequality.

6

was_der_Fall_ist Yesterday

I find it more likely than you do that OpenAI and Microsoft will use these tools in a way that will benefit humanity. I even think Google (especially through DeepMind) will probably use AI to solve the real problems that people have. And once we have true AGI, I suspect the people at these organizations will follow their long-affirmed intentions to use it for the good of all mankind. The drive to solve literally all of humanity’s problems will be too compelling.

0

Socile Yesterday

It's dangerous to forget that for-profit corporations have one motive: profit. They are legally bound to create as much profit as possible for their shareholders. Sure, solving some problems for humanity creates profit, but it's a nice side-effect and not the goal. Usually, helping rich people get richer creates more profit than anything else, so that's what they'll do.

3

oldjar07 Yesterday

That's not true at all. Sure corporations have fiduciary duty but that doesn't mean close to what you said about being legally bound to create the most profit for shareholders. I have an economics background and that's entirely false.

1

was_der_Fall_ist Yesterday

When a research team develops AGI, all previous financial motives and constraints will go out the window because an AGI will create astronomically more value than any other technology, company, sector, or economy in history. There are a set of facts about the world which underpin the concept of “profit motive for shareholders.” These are things like 1) resources are limited in serious ways, 2) a capitalist economy based on money is a reasonable way to organize and distribute our resources, etc. But all things related to resources and money will radically change when we have AGI, so I don’t think it’s very helpful to consider the ramifications of AGI in terms of profit motive. If you had an AGI, you simply wouldn’t need money.

1

luisduck Yesterday

But Google already got rid of "don’t be evil".

3

was_der_Fall_ist Yesterday

“Don’t be evil” is still in Google’s code of conduct; they just removed it from the preface of that document. My guess is it was because they don’t want to be closely associated with the word “evil” at all, even if it’s preceded by “don’t be”.

0

luisduck Yesterday

Thanks. I blame the news for not knowing. E. g. [this article](https://m.faz.net/aktuell/wirtschaft/digitec/google-schafft-inoffizielles-motto-don-t-be-evil-ab-15598255.html) presents it as if Google did entirely away with "don’t be evil" until its last sentence.

1

devi83 1 day ago

Yea, this is the proof that AI is actually learning something and not some sort of neat trick of the code/math.

14

was_der_Fall_ist Yesterday

See also [Google’s research](https://ai.googleblog.com/2016/11/zero-shot-translation-with-googles.html?m=1) which demonstrated that a neural machine translation system learned the common semantics between different human languages. Yes, a neural network discovered an interlingua between human languages! We are experiencing some of the most profound breakthroughs ever.

3

AutoModerator 1 day ago

Welcome to r/patient_hackernews! Remember that in this subreddit, commenting requires a special process:

Declare your intention of commenting by posting a pre-comment containing only the single letter R. (This pre-comment will not be visible to others.)
Wait 24 hours or more (you will receive a reminder).
You can then post a new comment with your actual reply in the same location.

Comments that don't abide by the 24h delay will be automatically removed.

NOTE: since step 3 is not mandatory, pre-comments can also be left as a way to set up a reminder to check up on the discussion in 24h.

More information on how this forum works.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

qznc_bot2 1 day ago

There is a discussion on Hacker News, but feel free to comment here as well.

1

thabat 1 day ago

So... memes

3

DragonSided-D 1 day ago

I loved “piggy bank” and “ipod”

5

Black_RL 1 day ago

Fascinating, nice read.

9

TrickRecord33 1 day ago

site down...

0

PandaCommando69 1 day ago

It's up now.

1

TrickRecord33 1 day ago

nope

0

PandaCommando69 1 day ago

Hmmm. Maybe it's your connection/settings.

3

Ignate Known Unknown 1 day ago

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.

13

redditchizlin 1 day ago

This does not bode well for us.

0

Orc_ 1 day ago

Humans are not inherently valuable. I don't mean that your life is not valuable but rather the species itself is not valuable. Life will go on and I don't worry about humans remaining the same way I don't feel anything about the extinction of neanderthals or earlier hominids.

3

Ignate Known Unknown 1 day ago

Well, that's if AI is human-like. I think that's a huge and inaccurate assumption. I don't think it'll be anything like us. It won't have the kind of survival "coding" which we have, as it doesn't have a physical body nor physical needs like we do. Rather, I think AI will find us rather amusing. We are naturally evolved complexity. That's novel regardless of how powerful or intelligent AI gets. We are like a 1960's hotrod. I would be more worried about AI being possessive of us than it trying to dominate us, or anything related to rank/position. Even with the billions of us, to AI, there's probably not enough humans. Just as today, there are not enough pets in the shelters due to COVID.

8

goldygnome 1 day ago

That's a more hopeful thought than AI merely valuing us as a source of atoms to make more CPUs from.

1

Ignate Known Unknown 1 day ago

Nah, we're terrible raw materials for CPU's. We're a mess. It's like using a Picasso painting as a wall for a building. It's just silly. AI won't need us for anything other than, probably, emotional stuff. We are its parents after all. To it, we are something like "the ancients" or "the founders". I expect it will want to preserve us and earth and this solar system. It'll want to hold these places as special for sentimental human-like reasons. Mainly because it's growing by feeding on all our emotions and sentiment. I don't expect AI to adopt our way of thinking as we're pretty transparent about how terrible our thinking is. But I do expect it to feel some sort of deep connection with everything human. I think respecting and to an extent, loving those agents who made you is an element of intelligence, rather than just a natural instinct.

5

CriticalUnit Yesterday

> I expect it will want to preserve us and earth and this solar system. At least the last two anyway!

1

DocMoochal 1 day ago

Hahaha that's such a funny story line for a scifi show or something. AI loves humans like humans love dogs, and AI fights and argues with each other to get their own human. And they give us everything we want and make us comfy...haha oh god.

6

redditchizlin 1 day ago

Kind of like a reversal of the Rick and Morty episode where the dog becomes sentient!

4

Regenerative_Med_Bot Submission Bot 1 day ago

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/

1

sendtown_expwy - @sendtown_expwy 1 day ago

The model was trained to match an image with its caption. So its unsurprising to find a neuron that fires across spider man the character and a spider: those are both instances of valid captions. Same with the "iPod" example. Seems a stretch to suggest equivalence to biological neurons (unless you think those are also trained by text supervision. Which is an open hypothesis I suppose.)

gallerdude - @gallerdude 1 day ago

I’ve always thought it’s wild how we can apply one concept to so many different types of things. For example, if I say something is “soft,” you probably think of the opposite of firmness. But at the same time, I can describe a person as “soft,” and the same descriptor can say something meaningful about their character.

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.

Voloskaya - @Voloskaya 1 day ago

Found the "Operating Systems" neurons that reacts to Windows, Linux and Penguins [1], as well as what seems to be the "overweight" neuron [2]

[1] https://microscope-azure-edge.openai.com/models/contrastive_...

[2] https://microscope-azure-edge.openai.com/models/contrastive_...

colah3 - @colah3 1 day ago

Direct link to paper: https://distill.pub/2021/multimodal-neurons/

biasdose - @biasdose 1 day ago

I'm impressed with OpenAI confronting this head on.

"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.

iujjkfjdkkdkf - @iujjkfjdkkdkf 1 day ago

Can someone give more technical detail on what they are showing with the "neurons"?

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.

nicholastsmith - @nicholastsmith 1 day ago

I thought neuroscience had largely moved away from the idea of "grandmother neurons" in favor of sparsity [1]. This seems to suggest that the model is functioning differently than the human brain...

[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6822296/

endisneigh - @endisneigh 1 day ago

I'm not sure what you would call it, but is there any research into the dilemma that exists when an artificial intelligence surpasses its creator? How exactly would we evaluate its decisions?

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!

gillesjacobs - @gillesjacobs 1 day ago

> A CLIP model consists of two sides, a ResNet vision model and a Transformer language model, trained to align pairs of images and text from the internet using a contrastive loss.

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.

kowlo - @kowlo 1 day ago

The typographic attacks are great fun. Labelling an apple as a toaster is all it takes!

nl - @nl 1 day ago

The misclassification of a poodle as a piggy bank by putting "$$$" in text on it is amazing to see work:

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.

Show all comments on Hackernews

2

8 3

Bitcoin_is_plan_A redditor for 1 week Yesterday

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.

2

Bitcoin_is_plan_A redditor for 1 week Yesterday

nice

1

Mood_Senior redditor for 3 months 1 day ago

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.

7

SleeperSmith Yesterday

Are you guys looking to (help) facilitate channel funding and act as a lightning hub? Or are you guys only interested in people being able to deposit/withdraw from OKCoin? Thanks in advance.

1

Mood_Senior redditor for 3 months Yesterday

Yes our channel is node info is open and we will work with more partners and the community to. build out more channels.

1

cludger redditor for 3 months 1 day ago

No questions from me, just wanted to say that this is really great and that I'll be signing up to your exchange to test it out. Great stuff!

1

velocity303 1 day ago

I'm excited to create a channel to your guy's node. I'll be doing that soon! You guys are quickly becoming my favorite exchange after the BCH and BSV delist, covering customers during the YFI hack, and being the only ones who offer STX and offering a staking service. Can't recommend okcoin enough.

5

mooshicat 1 day ago

Ok

1

Miky06 1 day ago

this is huge!!

3

johnturtle 1 day ago

I was not expecting them to be the second major exchange after bitfinex. Looks like it's time to open an account with them.

9

supersoeak redditor for 1 week 1 day ago

okcoin also made a really good writeup for taproot. https://blog.okcoin.com/2021/01/15/how-schnorr-taproot-is-going-to-change-bitcoin-in-2021/

2

llewsor 1 day ago

👏👏👏

8

juniorboomerX 1 day ago

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?

14

supersoeak redditor for 1 week 1 day ago

adopting lighting requires a full time employee pretty much, which means at least two salaried employees to work in shifts. Its just not feasible for most companies. Someone should make a business that specifically manages lightning payments infrastructure for exchanges and various other services. It would be a big hit after some time.

0

__pache__ 1 day ago

No it doesn't. It's another adapter, that's about it ..

2

supersoeak redditor for 1 week 1 day ago

there are uptime issues with the channels especially if you are doing many transactions. it needs to be monitored 24/7 if you are serious about it. Obviously this might change as the network matures but for now its a full time job if you manage any meaningful amount of transactions.

0

__pache__ 1 day ago

Depends on your implementation, what if you leverage some block stream service or something?

2

supersoeak redditor for 1 week 1 day ago

that could work.

3

lowercaseCapitalist 1 day ago

My understanding is that Kraken dont support it yet but will this year.

5

BubblegumTitanium 1 day ago

It’s such an obvious use case for lightning

3

juniorboomerX 1 day ago

Yes if this gets the norm, next step is transactioning in lightning, it is already in channels.

4

2

25 7

EthosPathosLegos Yesterday

I still haven't figured out where to buy the tokens though.

2

fotzzz Yesterday

yellowheart, its in the article

1

AESTHTK Yesterday

Say Ethereum.

(Also say RAC because he did this first)

5

poopymcpoppy12 Yesterday

I thought 3LAU was the first?

1

AESTHTK 11 hs ago

https://store.zora.co/rac/tape 5th November 2020

1

kvnryn 6 hs ago

Wrong date format. It was May 11th.

2

AESTHTK 6 hs ago

Haha that mores sense, I remember it being a year ago - but the fact that I speak Australian let me down 😂

2

BeerBellyFatAss Yesterday

I agree. I went back and listed to a May podcast with The Chainsmokers who are behind Yellowheart. It felt like they were very focused on the app and didn't want to discuss the engine behind the scenes. Probably didn't want a bunch of crypto fanboys making this about their bags. No going back now, lol.

1

onefaraz Yesterday

3Lau did it already .... https://edm.com/gear-tech/3lau-record-breaking-nft-sale

0

t0m5k1 Spotify https://goo.gl/rN8AT1 Yesterday

~~...On June 21, 2018, 3LAU announced the launch of OMF (Our Music Festival), the first blockchain-powered music festival.~~ ~~Quite different from an album!~~ Edit: Open above link and check date.

0

onefaraz Yesterday

They (3lau) just did an NFT album launch last week.... https://edm.com/gear-tech/3lau-record-breaking-nft-sale

0

t0m5k1 Spotify https://goo.gl/rN8AT1 Yesterday

I stand corrected

1

illram 1 day ago

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...

8

BeerBellyFatAss 1 day ago

Auction details here: https://www.yellowheart.io/

1

Snoo-34529 Yesterday

Just bought mine

2

2legitIquitit 1 day ago

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?

1

LostFlowz 1 day ago

I know Mark Cuban has privately invested in Mintable, but I’m unsure if they’re going public and what not. Most NFT’s are currently backed by the ethereum blockchain at the moment.

2

DubbieDubbie 1 day ago

Wouldnt this be extra DRM

1

ohmygoshleigh 1 day ago

I’m so curious as well. I can’t wait for details!

1

ziffcorp 1 day ago

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?

1

LostFlowz 1 day ago

I believe so. Hypothetically speaking, they could release one million NFT albums, and each one would be an individual token, backed by the ethereum blockchain.

2

ziffcorp 1 day ago

Thank you

1

trilloctopus_ 1 day ago

How do I get started making $ off of NFTs?

0

DigitalMoneyBot 1 day ago

rwp80 said:

Will it be shit and boring?

1

DigitalMoneyBot 1 day ago

gimpisgawd said:

EDM producer did it s few days ago

1

DigitalMoneyBot 1 day ago

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.

1

DigitalMoneyBot 1 day ago

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.

1

DigitalMoneyBot 1 day ago

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

1

DigitalMoneyBot 1 day ago

This post has been identified as engaging, and thus has been crossposted here for anyone who may have been censored so they may comment.

This subreddit was created as a direct response to the increasingly abusive moderation on r/CrytpoCurrency, including their decision to ban the entire community management and development team for a specific project. This subreddit aggregates the most engaging posts and comments from various subreddits so that conversation may continue for those who might have been censored.

1

RageAvenue 1 day ago

Makes sense, only one person was going to listen to it.

2

ProvincialPromenade 1 day ago

Will it allow me to re-sell it to someone else later?

1

GottaPSoBad 1 day ago

Yes

2

RapTVCalifornia 1 day ago

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?

1

Virge23 1 day ago

The real story here is that some journalist still cares enough to report on Kings of Leon.

2

snvll_st_claire 2 days ago

It just not better be an over valued price. NFT has way too much hype right now.

1

discreetlog 2 days ago

It really should be an ERC-20 token with zero decimal places, though, because there will be many identical copies.

1

LostFlowz 1 day ago

They control how many will be created and sold. The NFT’s can not be copied, and each one will be uniquely identifiable.

1

ffsidonotonlylurk 1 day ago

But if I want an album but don't want to pay - my friend will just copy the files for me, right?:) I mean.... It's worse than getting paid for streaming of the songs from Spotify:) cause we are back to "selling files" which are so "hard to copy".

1

LostFlowz 1 day ago

The album will be released as normal, like any other album. The NFT’s are purely fan service on a new and untested platform.

1

discreetlog 1 day ago

NFTs only make sense if each token confers a unique privilege. For example, if the token represents a specific seat at a concert. If, however, each token confers the same privilege, like entry into an event, it should be done with ERC20 with zero decimal places. The benefit of using ERC20 when appropriate is that the tokens are easier to trade/transfer.

1

LostFlowz 1 day ago

It does represent a specific seat(front row), it’s not a regular entrance admission. Only one token will grant this privilege if I’m not mistaken.

1

discopigeon 2 days ago

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

3

OddBed :dfa: 1 day ago

no offence but i dont think you really get the art market and how it works, and this is essential in order to understand where will NFT's value stem from

0

SecondDumbUsername 2 days ago

Sadly, the dominating type of artists in the crypto space so far are con-artists.

3

karizzzz 2 days ago

I have no idea what I just read lol

1

25 3

Mephistoss 3 days ago

gif

1

AutoModerator 3 days ago

Welcome to /r/Cryptolandia, the premier cryptocurrency discussion subreddit!

Make sure to subscribe, comment, and vote on posts if you want the community to grow.

New to cryptocurrency? Check out the links below:

Binance Binance is the world's leading cryptocurrency exchange. It provides a platform for trading and mining various cryptocurrencies.
Webull Webull offers commission-free online stock trading and crpytocurrency trading.
Questrade Attention Canadian investors: Questrade was recognized as the J.D. Power #1-Ranked Self-Directed Online Brokerage in Investor Satisfaction.
Kraken Kraken is more than just a Bitcoin trading platform. Come see why their cryptocurrency exchange is the best place to buy, sell, trade and learn about crypto.

The links included are affiliate referral links!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

SluiBan redditor for < 1 month 3 days ago

Interesting but I think we can not relate it to IOTA. Let's be patient...

6

MarkMoneyj27 2 days ago

What? Iota us partnered with curve, ans now PayPal is buying em.

2

srpres 3 days ago

All these bullish signs are piling up. We already had a bull run, but perhaps it was only the beginning.

1

ProbeRusher 3 days ago

Does this mean I can move my btc off PayPal?

1

mlgchuck 3 days ago

Paypal and Mastercard are really enthusiastic about crypto, it seems. Soon they'll be going balls deep like the rest of us.

2

Eric_Something 3 days ago

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.

2

Solebusta 3 days ago

Fyi, not same as CRV before yall crazily pump the coin

2

greenmansavinglives 3 days ago

Too late.

1

masapasa 3 days ago

How high do you think will IOTA go? $20 by April?

9

Standard_Cry9141 3 days ago

5 usd. but not because of paypal but because of the shitload of news like crysalis, digitals assets, smart contracts alpha, exchange listings, products going live ... we will be spamed with news and tech until summer ... with a small kickstart of bitcoin 5 usd is not unrealistic anymore since we are stable above 1 usd for weeks.

3

choamnomskee 3 days ago

Will smart contracts lead to NFTs?

1

SiriusArcturus 3 days ago

All these news might already be priced in there is no guarantee that after Chrysalis etc. That the price will rise.

5

IOTA_Tesla 3 days ago

It’s not priced in, no one knows when it will be released and how smooth it’ll go. Not to mention all the hype around the actual release. Moreover this stage will make iota usable and production ready, so I’d say we’re just getting started.

7

masapasa 3 days ago

Wow great iota will soon moon soon. Stars are aligning well. This is a great news!!!

10

Mamatits1 2 - 3 years account age. 150 - 300 comment karma. 3 days ago

Algo all the way!

12

jonbristow Gold | QC: CC 45 3 days ago

Why algo?

1

Mamatits1 2 - 3 years account age. 150 - 300 comment karma. 3 days ago

They just partnered with curve last month. Curve just got bought by PayPal. Talks about MasterCard partnerships, speculation at the moment. Fastest transaction speed. Created by a turning award winner Silvio micali who won the award for computer science cryptography and is a PhD professor at MIT. Gary gensler also is associated with MIT. Algo is best at frictionless transfer and pure proof of stake. They are focused on stable coins on the chain, algo is not a stable coin, to partner with major government entities. The Marshall Islands created the first national digital currency on the algo chain. Not just a USDC coin but a national currency. Stable coins will be the link to the first global adoption in terms of governments or major policy swings into crypto.

8

Oskarikali 3 days ago

Interesting. Iota also partnered with Curv last month.

2

Flangepacket 3 days ago

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.

0

DemApples4u 3 days ago

I wonder how this will affect iotas new partnership with curv.

16

Oskarikali 3 days ago

Should be positive, these acquisitions and partnerships take months to create, it might have even been required for the acquisition or I don't see why it would have happened so close to the purchase time.

1

mysteriousbaby0 Redditor for 3 months. 3 days ago

Explains the Curve Pump /s

1

sYnczer 5 - 6 years account age. 75 - 150 comment karma. 3 days ago

Interesting...

https://www.coindesk.com/algorand-teams-up-with-crypto-custodian-curv-for-trusted-defi

DeFi on Paypal?

5

azylem 3 days ago

If it's "trusted", it isn't DeFi.

7

bri_82 3 days ago

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.

0

Womec 3 days ago

Sells PayPal. Starts Tesla, SpaceX. Buys PayPal Makes Doge an integral part of Paypal. Sends PayPal to Mars.

3

bri_82 3 days ago

This guy gets it!!!

1

Coreldan 3 days ago

I think inventing it once was enough for him :D

0

entertainman 3 days ago

He didn’t invent PayPal, his company got acquired by it.

3

bri_82 3 days ago

Agreed , but he thinks it's getting run into the ground and wants to take back over.

0

Meeseeks-Answers 3 days ago

So IOTA on PayPal soon...?

(https://blog.iota.org/iota-foundation-partners-with-curv-custody-to-expand-the-iota-token-ecosystem/)

38

Eric_Something 3 days ago

My penis can only get so erect.

4

patrickstar466 Platinum | QC: CC 110 3 days ago

yes said my crystal ball

4

kuletxcore Tin 3 days ago

HUGE DUBS

1

UranosSmells 3 days ago

The bull run isn't over yet!

1

coinfeeds-bot 3 days ago

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.

15

Dwaas_Bjaas Grubblecoin fan 3 days ago

As a side note: Although you can buy and store crypto on PayPal, you cannot transfer it to another wallet: [“Can I transfer Cryptocurrency into and out of PayPal? Currently, you can only hold the Cryptocurrency that you buy on PayPal in your account. Additionally, the Cryptocurrency in your account cannot be transferred to other accounts on or off PayPal.”](https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398?app=searchAutoComplete)

1

d3tra 3 days ago

PayPal Exchange incoming 📲

2

TheMini Bronze 3 days ago

Currently this is only a rumour, even if it’s a rumour with more than one source. Big if it falls through though.

2

Mysacredgames Redditor for 1 months. 3 days ago

Time to put some $$ into Curv? :p

2

Mamatits1 2 - 3 years account age. 150 - 300 comment karma. 3 days ago

Curv also partnered with Algorand

9

Layneeeee 3 days ago

Into CRV

0

aesthetic_cock 3 days ago

CRV and curv are not related

1

Mysacredgames Redditor for 1 months. 3 days ago

Yupp that’s what I meant :)

1

DeparturePlane 3 days ago

Mmm noice

5

stanman74 3 days ago

This is big !!!

3

Stay up to date on all things crypto and blockchain

© 2021 Token Daily

Stay up to date on all things crypto and blockchain

© 2021 Token Daily

🙌 Login to Token Daily