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Dan Olson Profile picture
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Jan 24 • 4 tweets • 1 min read
If "over one trillion dollars of value" disappears from your ecosystem over a weekend and Monday's news isn't a bloodbath of businesses going under then you're not a real economy.
The number of large brain big boys smugly replying with “now do the stock market” is pretty revealing ‘cus, like, mate: that’s the first panel
If you want a fully instructive version of this you’d add this for the top layer, the real economy, where people make, buy, sell, use, and provide goods and services

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More from @FoldableHuman

Dan Olson Profile picture
Oct 7, 2021
For days now I've been accepting every spam NFT Discord invite I've received, and it's getting dire Image
Then there's World of Wojak which is just Wojaks and also promising to maybe throw a pizza party or something, IDK, give me money ImageImage
Can't forget Dimez, which is selling virtual bags of crack rocks, which has a needless to say robust roadmap for the future ImageImage
Read 148 tweets
Dan Olson Profile picture
Sep 30, 2021
I find it very funny that such a high % of NFTs are just appeals to the navel gazing myth of NFTs.
Because, surprising no one familiar with how online works, it's a marketplace, and a particularly insular one, so to be competitive you need to appeal to the interests and sensibilities of the patron class
And what are the patron class of NFTs interested in? NFTs and crypto.

So what do you make your NFTs about? NFTs and crypto, of course.
Read 9 tweets
Dan Olson Profile picture
Sep 30, 2021
Imagine being so butthurt that people don't care about your collection of CryptoPunks, and mock you by making your CryptoPunks into their PFP, that you convince Twitter to add a verification badge saying all your CryptoPunks are authentic.
"If you see anyone else with my CryptoPunk as their PFP they're an imposter, they do not own the authenticated, verified version of my CryptoPunk. Unless they minted and verified their own bootleg I guess. But the most important thing: I am not the loser here, they are."
Up next: verification badges for completed Innistrad card lists, Homies series 3, and authentic Wuzzles.
Read 5 tweets
Dan Olson Profile picture
May 3, 2021
Research is fun. Website screenshot: Mini Ethereum (METH) price in USD. View
I was looking this up because I was looking up Ethereum benchmarks and got a banner ad for a cryptocasino, which I decided to poke around, and found their live Megaball game, where the biggest payout was 702.35 mETH, which from what I can work out is about 3¢?
I'm not confident in that because it's either a fractional value of Ethereum, or it's a completely separate crypto "backed by interest-generating real-world assets which initially include car equity loans." (kill me)
Read 4 tweets
Dan Olson Profile picture
Apr 30, 2021
I have spent days trying to give the NFT artist community the benefit of the doubt, reading their twitter feeds and blogs and the way they speak to one another and come to the simple conclusion that they absolutely have no idea what an NFT is beyond "magic pay-me box"
"NFT" also gets used liberally as an aesthetic shorthand to describe short, abstract animations. Many of the artists are simply excited that literally anyone is paying attention to these types of artworks in the first place.
And to a degree the willingness to ignore the details is understandable. The details of NFTs, how they function, what they really are, is boring AF and deeply stupid. Short, abstract animation is basically impossible to monetize outside of direct patronage.
Read 11 tweets
Dan Olson Profile picture
Nov 8, 2020
The Biden COVID task force is particularly interesting to me because it suggests that the Biden/Harris transition team are just going to immediately start operating like the Executive branch in any capacity that they can.

And, thing is, they probably can get away with a lot?
And this creates a weird situation because the current executive is 1) dysfunctional, 2) only likely to become more so over the next couple months, and 3) when not dysfunctional actively evil.

So "it's not official yet, but let's just listen to the new guy" is REAL appealing.
But does that then create a precedent for new admins to basically start soft-governing before the EC has even met, or does everyone just go "no, that was a 2020 thing, it was a strange year"?
Read 4 tweets

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