--- Log opened Fri Oct 22 00:00:10 2021
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08:37 < lsneff> maaku: making my way there
08:39 < lsneff> There’s no rush
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10:29 < heath1> https://twitter.com/hubermanlab/status/1449451482856579073?s=20
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10:29 < heath> .tw
10:29 < saxo> Well, I guess it’s starting sooner than I anticipated: several laboratories are starting to sell NFTs as alternate/additional sources of research funding. We can expect “first ever images of X down the microscope” NFTs, etc. before long. Wild! #NFT #science #Biology #BTC (@hubermanlab)
10:33 < Llamamoe> What are NFTs?
10:37 < L29Ah> nonfungible tokens
10:43 < rndhouse> I think they are effectively like digital trading cards. The associated media (picture/stats on the card) can be copied digitally but the corresponding proof of ownership certificate is protected cryptographically.
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17:20 < kanzure> let me show you a revolutionary way of producing certificates without a blockchain
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17:48 < L29Ah> what about trading them?
18:15 < jrayhawk> as with everything blockchain, the overhead only really makes sense when it's competing against an ecosystem of particularly corrupt or inefficient exchange
18:23 < jrayhawk> trading cards is probably not the most apt comparison; in-game item marketplaces (a la Steam) would be much more relevant
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20:27 < maaku> jrayhawk: or circumstances where lack of trust makes coordinated settlement impossible
20:51 < L29Ah> but curiously, you have enough trust that some people believe the NFTs have some real relationship with some pics or whatever sequences of bytes shown at some site with price tags
--- Log closed Sat Oct 23 00:00:11 2021