We are going to make a run at changing the arc of history.
It is a Return of the Jedi vs the Death Star style mission.
They have the money and the power. We mostly have our brains, our community and gm.
But it might be just enough
2/ A step back.
6529 has been involved in crypto since BTC summer 2013.
From the first day, I was convinced that BTC and its successors would change the world, make it a better world, decentralize power away from choke points, and that this was a net good for humanity
3/ I played a small role in BTC's development and acceptance.
Small in the scheme of things, but important to me, and, at the time, it was a "risky" move.
And since then I have been waiting for our more decentralized social systems to emerge.
Are Ethereum gas prices expensive for buying, transporting and storing art?
My π₯ take is that they are very inexpensive relative to what they are replacing
Is this because 6529 buys 1,000 ETH pieces? NO!
We will work it out on less expensive pieces
2/ I just bought some 0.1ETH "gm" pieces (so about $350) and have been paying about $35 in gas (10% of the price), so 90% to the artist and 10% in distribution costs.
Is that a lot π³or a little π€?
3/ Well, what is my alternative in IRL?
~ For any physical object you buy at retail for $350, not just 'art' but the cool vase on your bookshelf, somewhere between 40% to 75% of the cost is 'distribution' costs - from transportation to middlemen to the cost of the store / staff
6529 has gone to the mountaintop and there is almost nothing in life that 6529 is as sure of as this
2/ First, the usual anti-FOMO advice.
The rest of this thread is giga-bull NFTs in general as a technology.
This does not mean that you should ape in the PFP collection "Silver Snails". Most individual NFTs are heading to zero.
Now back to the main event
3/ 6529 first came across BTC in 2011-2012 and ignored it.
It was not until August 2013 in my apartment in NYC when I actually engaged, read the white paper, downloaded a node, bought a BTC and sent $20 of BTC across the world instantly.
1/ I have no idea why, but for the last couple of days I have had this on auto-repeat.
[Editor note: 6529 will shortly return to 83-tweet long tweetstorms about NFTs. We have no idea what this is about. We checked. He is definitely not crying]
2/ Ignore the editor. He is a nerd.
Also the first tweet was not totally accurate.
There was a new Tesla software update yesterday for "immersive sound" and this was the 1st song I heard on the radio and the speakers sounded great and now I can't stop playing it.