Bitcoins/Litecoins/Virtual Currencies

Caliane said:

i see a potential trainwreck coming.

jack dorsey selling a tweet.

so, heres the thing. Who owns a tweet, youtube vid etc?
If Jack is selling a tweet as a person, that means he is admitting the poster OWNS the tweet. All the social media bullshit of course, insist they own it.

The problem comes as previously, there has never been much of a real value there. perhaps if you try coining a phrase or something...
But now, with NFT's you can assign REAL monetary value to a digital item, such as a tweet.

If you own your tweets, and, tweets have real monetary value. then, twitter deleting your tweets is criminal destruction of property.

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I'm sure there is something in Twitter's EULA that forces you to sign away rights to your tweets. They can't force you to sign away your rights to your words or your sentiments, but so long as the actual tweet itself is reliant on Twitter's platform, you probably don't own it, regardless of its value.

One of the advantages of NFTs though is that they could allow you to own your own creations on someone else's platform IF the platform was set up to allow you to do that legally.

Example: a game could be set up where you can own the creations that you build with the in-game tools. A house, a city, adventuring outfits, weapons, the actual adventure/storyline itself, etc. You get paid royalties when people use the game's platform to access/use your content. Games have already flirted with this idea. It's not new. But (again) NFTs would make it much easier and as Haus mentioned, their universality would allow for a seamless transfer of digital assets across multiple platforms.

One of the things that hasn't gotten a lot of attention is how devastating NFTs could be for the piracy industry. Having a universally recognizable/traceable digital watermark on all digital content would make it much, much easier for platforms to quickly distinguish legit content from unauthorized reproduction. From there is would be super easy for platforms to disallow content that doesn't match specific NFT parameters.

You can see why artists of all kinds are so happy about NFTs. Any designer or amateur content creator should be happy too because NFTs will open up a whole world of money making opportunities that were previously reserved for mainstream artists. But I'm guessing that NFTs will also make watching a pirated UFC fight either impossible or way more difficult.

Does twitter actually make any money? Wild guess now that Trump is no longer president their use has dropped off a cliff.

Arden said:

I'm sure there is something in Twitter's EULA that forces you to sign away rights to your tweets. They can't force you to sign away your rights to your words or your sentiments, but so long as the actual tweet itself is reliant on Twitter's platform, you probably don't own it, regardless of its value.

One of the advantages of NFTs though is that they could allow you to own your own creations on someone else's platform IF the platform was set up to allow you to do that legally.

Example: a game could be set up where you can own the creations that you build with the in-game tools. A house, a city, adventuring outfits, weapons, the actual adventure/storyline itself, etc. You get paid royalties when people use the game's platform to access/use your content. Games have already flirted with this idea. It's not new. But (again) NFTs would make it much easier and as Haus mentioned, their universality would allow for a seamless transfer of digital assets across multiple platforms.

One of the things that hasn't gotten a lot of attention is how devastating NFTs could be for the piracy industry. Having a universally recognizable/traceable digital watermark on all digital content would make it much, much easier for platforms to quickly distinguish legit content from unauthorized reproduction. From there is would be super easy for platforms to disallow content that doesn't match specific NFT parameters.

You can see why artists of all kinds are so happy about NFTs. Any designer or amateur content creator should be happy too because NFTs will open up a whole world of money making opportunities that were previously reserved for mainstream artists. But I'm guessing that NFTs will also make watching a pirated UFC fight either impossible or way more difficult.

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you're talking hypotheticals. Jack is personally selling a tweet right now.
If twitter owns that tweet, then thats what? embezzlement? Jack would have no more personal right to sell it, then you do.

if Jack owns that tweet, then again, Twitter is on the hook for destruction of property, for everyone they ever deleted tweets on.
note, Theres LOTS of tweets on that site for sale, and Twitter is not sueing them for it. Which sure seems like Twitter admiting, they do NOT own those tweets.

Caliane said:

you're talking hypotheticals. Jack is personally selling a tweet right now.
If twitter owns that tweet, then thats what? embezzlement? Jack would have no more personal right to sell it, then you do.

if Jack owns that tweet, then again, Twitter is on the hook for destruction of property, for everyone they ever deleted tweets on.
note, Theres LOTS of tweets on that site for sale, and Twitter is not sueing them for it. Which sure seems like Twitter admiting, they do NOT own those tweets.

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Again, I'm sure Twitter owns the "tweets" made on its platform, insofar as they can be identified as assets. If they own the tweets, Twitter has a right to dispose of them as they see fit- whether by deleting them or selling them. This part is pretty straightforward.

It sounds like you are asking if the CEO of Twitter has a legal right to liquidate (or sell) Twitter assets, such as individual tweets. Probably? It doesn't sound that outlandish to me tbh. My background is in criminal law, not corporate law though, so I could be wrong. Depending on how things are set up at Twitter maybe Jack was required to bring the sale of company assets before the board before he sold them. Who knows? That part isn't very interesting to me personally.

I have BTC, Eth, Xlm, ADA, nano, as coins ive purposely bought. some other free stuff from coinbase too..
(which is about 64% eth, 35% btc, 1% everything else combined atm..

I don't think Litecoin has much future. it was made in response to BTC failing as a day to day coin due to fees, and lack of speed.
But Xlm, nano, and others serve that purpose even better.
nano's marketcap sure is small. for what it does, and how well it does it, I'd think it should be higher. so, maybe it will explode at some point. But, theres no signs of that actually happening.

I don't really have great advice on anything that I think is short term gain worthy.
Maybe Eth.. which I think should be valued over 2k atm. which itself did spike back up to 1750 from 1650 in the last few hours.

Everything is up. ada, btc.
no weekend dip, but looks like monday spike still happening.

the dip made it pretty clear everything follows BTC though. hard to argue others over it, considering that.

Theres also Banano. A fork of Nano. which is meme-tastic.

Can't NFT's and the block chains be used for secure voting?

tokenize your vote, and blockchains themselves are already public, anon ledgers. (some are more public then others.)

66% Vet
33% btc

Currently, haven’t bought anything for over a year. Doing small tiered cash outs of vet on the way to the moon but sitting on the Bitcoin until retirement or zero.

RE: Making NFTs

There was another thread on NFT's. kindof spilt some cold water on the idea. Particularly what they are not part.


I definitely thought there was a bit more connection to the item being tokenized.

Like, if i were to try and tokenize my portfolio of work. I'd have to create a host server. Then NFT the works and sell the NFT's. which, would basically be passwords to the work I'm hosting.

I mean, maybe this has potential for an online art gallery. but its not nearly as useful for me trying to sell the original works much.

Fees on coinbase are calculated based on trade volume over a 30 day trailing period. If you go to the orders page and then fees it gives a breakdown and what your current volume is.