NFT Loot Boxes Are A Thing Because Everything Is Bad (The Jimquisition)
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- Опубликовано: 27 сен 2024
- See Commander Sterling's UK debut LIVE on Feb 5: northwrestling.co.uk
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/ jimquisition
/ jimsterling
The shriveled corpse of Atari has inflicted a new blight upon the land - NFT loot boxes. They're NFTs (terrible) that behave like loot boxes (also terrible). God is dead.
Let's grit our teeth and have an excruciating time looking at this horrible blasphemy, shall we?
__
Twitter: / jimsterling
Facebook: / jimsterling0
Bandcamp of the Sax Dragon - carlcatron.ban...
Nathan Hanover - / @nhsynthonicorchestra
So much for “Lootboxes aren’t gambling because they have no cash value!” now that they have been converted into a financial instrument whose only worth and purpose is speculation for profit.
even then I never thought gambling should be tied with real money to qualify as gambling. it's a blatant loophole.
Time to start poking the gambling authorities again. Lets see if they do something this time.
Thing about it is that statement has always meant its worse than gambling. You're giving your own money for absolutely nothing in return. I'd rather go to a casino
That "no value" loophole is now gone
@@PookaBot They can just make a new one.
"You need to get in on NFTs now! They'll revolutionize everything!"
"How?"
"... you just don't get it. Have fun staying poor."
- any conversation with an NFT shill
No cap. A guy called me dumb and I ask him to explain, and he said: "you just don't have the reasoning faculties to understand". These people are fucking delusional.
“If you can’t explain it simply, you don’t understand it well enough” -Einstein
no you mean hfsp
@@missdiction4455 The biggest of brains...such a champ.
Prolly just angry they couldnt get you to cash into the grift, so they can cashout.
So, there's one thing I wanted to say about this.
If they insist that NFTs have value, they can no longer deny that lootboxes are gambling.
If they insist that lootboxes are not gambling, they have to admit that NFTs have no value at all.
They have willingly placed themselves in a Catch 22 situation.
They won't admit anything. Just sandwich more layers of hollow words, empty mechanics and money laundering until they confuse us into capitulation. But hypothetically a normal human being and not a lizard people, would agree with you.
Sadly, it doesn't matter. They'll just talk around that part, ignore it, pretend it's not there. Cause they have nobody to really answer to, and if they ignore it long enough, players will tire of bringing it up.
Well that's likely assuming that they are not brave or stupid enough to not take on the wrath of any big organisations like say museums, galleries, banks or perhaps most importantly governments.
But knowing how low these so called "NFT bros" have gotten it honestly wouldn't be a surprise if they did indeed decide to fight these organisations only to have their asses handed to them.
You’re coming at this with logic though…we understand that, but these idiots will just belittle us.
They'll just mumble away about how these are not lootboxes and can't be classed as such. I mean, look at the recent Ubisoft Quartz interview thing and how they literally twirled a "we value transparency" and "we considered HIDING the fact that Quartz is NFT, but our player base are smart people and would figure it out" in the SAME FRICKIN' ANSWER!
Never underestimate their ability to shuffle things aside.
In 1971 Grorge Lucas made his first feature: THX-1138. It's about a dystopian future where humans toil solely to maintain the system with no other purpose. Early in the movie the main character buys a plain white cube. We seem him carry it home and when he gets there he just drops it into a recycler. The cube served no actual purpose at all. It's only function was to be purchased. Consumed for the sake of consuming. NFTs seem to just be that. Only worse. Because at least rhe cube was an object that actually existed.
I was thinking about this too, He even receives a message about which plain geometric object to buy, which he just blindly obeys.
@@wesleyackerman8211 At least he wasn't buying and recycling the cube totally of his own will. That would've been WORSE. Sadly, some probably were. And some most certainly are.
I'd say that politicos and corpos took it as inspiration, but it was likely their wet dream for eons.
To quote Rush Hour: "Imagine a business where people hand you money and you hand them back absolutely nothing. Now that's the real American dream."
Jimmy: "Welcome to the world of high finance."
Beth: "I don't understand. All I did was sell someone something that I didn't even own in the first place that wasn't worth anything."
Jimmy: "Like I said, welcome to the world of high finance."
- Newsradio
Yes
@@spejic1 I have to watch that show now. What episode is that?
@@frankwolftown Season 3 episode 9 "Stocks"
@@spejic1 Thanks!
"NFTs aren't something that happened for us. They are something that happened to us". That is a quote that is gonna stand the test of time. That is a quote that deserves to go wide.
From a professional quote maker?
Tiny point, but any time someone says some NFTs are "more rare than others" it really shows what a farce it all is. The whole purpose of NFTs, allegedly, is that they're *unique*. One of a kind. Every NFT should be just as "rare" as any other. But then that's the point, isn't it? It's all artificial scarcity. It's a brilliant pyramid scheme because the ones at the top of it don't even have to supply an actual fucking product. Even CutCo at least has to supply actual fucking knives
That's a great point, not that we really need many more to prove the absurdity of the whole scam, but well spotted!
Glad to see I’m not the only one who was trying to wrap my head around that contradiction!
is it meant to be taken like some NFT's have a "longer" blockchain than others? is that even a thing? this NFT is more rare because it destroyed THREE rainforests instead of just 1?
@@phoenixlich Not it just mean they arbitrariily decide to release less of a thing they can produce an infinity of to create artificial scarciity.
The point is to recreate a class system imo, because what every tech bro and would be crypto baron would have is ideally a bunch of peeps to lord this shit over. You ain't shit as a nob if you don't have a peasant class to lord over and oppress. "What's the point of being rich if some people aren't poor?" kind of thinking.
Ah yes this makes sense! At this point the name "video game company" has lost all meaning, let's just call them "grifters who don't pay taxes". Thank you for another stellar video Steph 🌟
@good one no, literally no one did. Stop
Or we can call them what they actually are: Investment Firms.
Yeah, I think with Ubisoft and Square's announcements, the game seems to be making as little of a game as possible. Players being entertained by products seems to have diminishing returns to them, especially given the cost of game development for an "AAA" studio, so they want something absolutely ephemeral that costs very little to produce but has absolutely infinite return and can be kept in their grip via smart contracts.
It's very much money for nothing.
That's too broad, you just described every major corporation. A better one is "video game adjacent grifters who don't pay taxes".
@@the_newt_nest and their chicks for free...
Capitalists: “An unregulated marketplace is the only way for the good concepts and ideas to rise to the top! The money is always right.”
(Customers violently reject NFTs and crypto)
Also Capitalists: “The customer is an idiot and has no idea what they actually want. I tell you what to buy and when to buy it, not the other way around…….ITS ON THE BLOCK C H A I N. You all just don’t get it.”
If I could openly say what I want to do with the chain part of the block chain, you’d be reporting this comment for promoting violence and self harm.
That's actually the original meaning of "the customer is always right", but as happens with language, its meaning changed over time.
If customers reject NFTs, then the companies promoting their implementation will eventually have the walk it back and not include them anymore. If people refuse to buy games that incorporate NFTs or to buy the NFTs in the games, then companies would eventually stop implementing them because it would be a waste of time and would sour customers away from their product. Us rallying against NFTs in video games is literally the unregulated market working. It doesn't mean you get your way all at once.
@@Lol-ms2ke You seem to have this fantastic idea that corporations give a shit about what their customers actually want. Maximizing unsustainable profitability while putting the least amount of effort into producing something is the only goal of corporate America. They want to tell you what to buy, when to buy, and how often you need to buy it, and they want to ultimately convince you that it was your idea in the first place.
Games are implementing NFTs because publisher’s and developers are attempting to normalize them for the customer. If they use enough buzzwords and say “innovation” and “on the da block chain” enough times some gullible people will take eventual take the bait.
NFTs as they stand have little to no regulation, and so every person and company is trying to make a quick buck via a pump and dump scam before our sleeping retirement home of Internet illiterate geezers who make the laws (AKA the senate/congress) actually wake up and do something about them. (They could barely understand what the fuck Facebook was, so we’re 100% screwed on that front tbh).
Just because a few devs on Twitter are walking back on NFTs now, they are turning around and calling us idiots who “don’t get it” yet. They might be gone today, but until they get regulated they will absolutely be back in some way shape or form. It’s not a matter of if, it’s when and in what form.
So no, the unregulated marketplace that allows companies to legally sell hyperlinks to what are essentially digital baseball cards of ugly monkeys and stolen art is not, and will never be working for and towards your benefit. I’m sorry to be the one to tell you this.
@@Jamick98Geass Talking about regulations, I'm curious about what the regulations should be(& banning it is just a bad idea)
Fun fact: in Dutch, the abbreviation"GFT" stands for "groenten-fruit-en-tuinafval" ("vegetable, fruit, and gardening waste). We use the term for biodegradable waste. So Atari's GFT's re *literally* garbage
i googled this to see if it was legit, and so it seems it is. 👍
You know, when I said the game industry couldn't get any worse after everything that came out about Activision, I did not mean it to be taken as a challenge.
You expected it was the rock bottom, only to find out it was the top of Everest and we have a long way to go. And its all down.
That was pretty much my first reaction too when reading about those NFT Lootboxes.
Whenever you think it doesn't go any lower, someone like Konami, Activision or whoever comes out and knocks the bar just a bit lower than it was already set.
@peace Stop Spamming
@peace FOH
Holy shit, just realised this as well.
NFT Lootboxes:
"Whoa! This is worthless!"
"It's less than worthless, my boy!"
You too get antari grifts
MAKE THAT MEME!
NOW!!!!!!!!!!!!!!!!!!
NFTs : it's free real estate
I actually think Ubisoft Quartz may be the most straightforward NFT system out there. The NFTs are actual useable in-game items and you can trade them in a marketplace. As long as you don't think about it too hard and realize that's just Steam Marketplace with blockchains.
@@LuvzToLol21 right so to what end? It's still pointless. Once a game runs its course the NFT is basically worth nothing. The only thing I see them using NFT tech is basically a CD key to play a game. More pay walls that are online only.
Since those GFTS are only revealed after some time, you could say it's an unholy marriage between 3 bad concepts: NFTs, Loot Boxes and Preorders.
and preeeeemium editions
How long before these companies offer the option to pay money to reveal them sooner?
@@dylanschmidt9056 6 months? Imma bet 6 months.
"So why do you buy Crypto?"
"It's free money!"
"Where does it come from? Do they have a product?"
"Nah, man, you don't get it. It goes up in value!"
"How? Does the thing you invest in sell anything?"
"Y'all don't get it. You're missing out"
- A LITERAL conversation I had with a coworker.
The way JSS says "fuckin' shiiiiit" puts a smile on my face every time.
So Steph. With NFTs in Lootboxes. There is Now even more reason to legislate them as gambling as you get a prize with a history of being traded for hard money.
@@chewcab8008 can be bought by companies ?
no,no,no
is bought up by companies.
But it is not even a currency. As much as you ecen you can repeat it, not even a terrible crypoto variant
@@chewcab8008 This is why we need to establish a public election fund that's only available to those who swear off lobbyist money. It will provide an alternative for candidates to fund their campaigns without having to do whatever the top 1% wants them to do. A voucher system (meaning that the fund just multiplies small donations to a campaign by individuals) would be ideal, because candidates would still have to listen to their potential voters in order to get money from the fund.
Digital content already has a history of being traded for real money, and not just the straight forward way of I give money, I get content.
Diablo 3 had its infamous real money auction house. Loot hunting and resource mining in WoW have been actual jobs.
@@Odima16 Yep. Basically what Bernie Sanders advocated for
In the Star Trek utopian future, they have figured out how to bring the lack of scarcity inherent to digital goods to the real world. NFTs are an attempt to bring the scarcity of the real world into the limitless copying world of digital abstraction... Literally aiming for the opposite of the utopian version of the future...
Some of us consider artificial scarcity just generally a counterproductive thing to push. For the NFT crowd, though, artificial scarcity is now not only acceptable, it's actually a *selling point.* I guess it makes the whole concept of property a little bit more blatant: it's not about having a thing, or being able to enjoy a thing, it's about preventing other people from being able to have or enjoy a thing. The two sides aren't as distinct when the thing in question is limited, but I was naive enough to assume that for non-limited things everyone would think "great, now we can all have it" instead of "so now let's invent a way to artificially limit the supply so only some of us can have it." Because inequality is the product being sold.
Economics and classism just can't seem to be split from each other...
Artificial scarcity implies something that could be made wasn't made for the sole purpose of driving up the price....
How does an NFT create artificial scarcity? NFTS don't create scarcity they create ideas of ownership, however is in a conflicting predicament where Cryptos want to simultaneously be free of government control however have government enforce their sense of ownership. The code isn't creating scarcity it's creating something to own period. You can't have scarcity if nothing was made. The code is unique not scarce... Like each dollar bill is unique with its own serial number... Can be traced.
What NFTS are creating is something that u can own... Which is bizarre considering this thing that u own only exists on the web, but coin desperately needs assets to exist to justify their own existence. Hence why NFTS are even a "thing". Use ur digital money to buy your digital property, something that only exists as long as the web exists.
melaniatrump.com/head-of-state
Good take. It was never about sharing.
Artificial scarcity isn't just *a* selling point, it's *the* selling point.
artificial scarcity has always been a selling point. businesses have been limiting supplies of things to keep prices high since forever.
“The more you buy the more there are”
Capitalism has apparently given up on capitalism.
Increased demand now creates increased supply, out of thin fucking air.
The dragon is eating its own tail.
that's actually the end goal of capitalism: take your money, give nothing but the idea of owning something
@@Feasco Nope, that's the end goal of communism
Huh, small world. I was hired by Janine Yorio years ago to help market some start up. She wanted me to create a Wikipedia article about the company and was disappointed to find out that Wiki kept taking it down for lack of significance. So uh, yeah. I guess this kind of thing isn't new to her?
Folding Ideas has an incredibly in depth rebuttal to NFTs on his channel. Stephanie has once again determined the most egregious bullshit of the week, and has wrote all that's fit to print on it. Great video.
Almost every video of his is a fucking masterpiece
the man has a gift
yesh, it's amazing how much thought he puts into his videos
It's really amazing how many ideas have be Folded into The Folding Idea's channel.
"It's just cosmetic!!" The catch phrase of idiots who threw their money at digital nothingness... We need to be careful and not just assume these will fail because NFT's are fucking stupid..
@good one hello, I'm curious, and would like to ask respectfully: what are your views about homosexual, bisexual and other non-heterosexual orientations? What about transgender people?
@good one
I have two questions :
Is it possible for somebody to go to heaven if they refuse to worship Allah?
If not, then isn't Allah just telling us "worship me or i torture you"?
NFTs are riding a wave of FOMO right now, creating higher than normal demand and higher than normal perception of value. I'm afraid a lot of ordinary people will invest heavily in this, only to lose their shirts when the bubble bursts. The rich will be fine since they can afford the losses...and heck, they'll probably still line up for their government bailouts. Seems only the ordinary folk suffer when bubble markets pop.
@@lineriderrulz Don't talk to bots.
The sheer frustration on "None of them are RARE, NONE OF THEM ARE FUCKING REAL!" speaks to me on a personal level. Great video as always Steph.
"The more people buy the more that become available" that is literally the opposite of the idea of scarcity which is what the entirety of what the economy of NFTs are based on. Goddess damn this just all keeps getting dumber.
"nft was the collins word of the year and that's why you should buy one"
ok but when i tried this eight years ago they were all like "you can't buy a geek wtf" and "this court finds you guilty on the charge of human trafficking"
Please correct me if I'm wrong, but wasn't one of the things being pushed about NFTs is that they have "real world value"? If this is the case, then adding percentage chances to the purchase, or in legal terms adding a "game of chance, with real world value rewards" to the process, is gamling in most part of the world. And I mean pre-lootbox gambling laws.
NFTs will get nuked into oblivion by legislators long before they get to the specifics of NFT lootboxes.
It isnt. Its not evena not secure a terrible formofa alread, terribly crypto currency,
Yes you can't legally fight for both of these things as the same time. Just a matter of time till anything with them in it gets nuked.
@@zid9611 And that is why it's being pushed so hard. Grab as much cash as possible before the heat comes down then book it with the winnings.
I feel sick. Good to know Atari has come full circle as a company in 50 years. From destroying the industry in the 80's to ruining the industry in the 2020's.
I literally got into an argument with a guy that said NFTs were going to bring down capitalism and the 1%.
I mean don't threaten us with a good time but fukn lol at that ever happening
NFTs are.. pokemon cards but even crappier and with no physical card :(
you know, i was losing all hope but then i heard "the future is sterling" and suddenly my optimism was revived
(queue the gold and precious metals bros)
Here comes the big companies coming in the give NFT a bad rep... smh
NFTs didn't need help in that department but they certainly aren't helping.
They already had a "bad rep". Do you really think these companies would be doing this if NFTs weren't already a scammy get rich quick scheme? :)
@@Webshooters1 Haha, I feel you.
'NFT's are the future!'
'You're literally shilling three mid levels marketing schemes in a trench coat!'
What's worse than a lootbox?
A lootbox you don't even actually own.
we already don't own the games we buy. Try playing a game w/o an internet connection.
But do we even own the stuff that we get from lootboxes? After all, if a game company decides to pull a game from the market and no longer provide "live services", what do you do with all the things you spend your money on if you can no longer access said game by itself?
@@D0MiN0ChAn At least with the lootbox, you don't own an URL saying you own the lootbox. Theoretically your install of the game will still hold the extra unlock data you downloaded. (Note i said "theoretically".)
@@Playingwith3D ?? Ok? Done. Did it. Played every non-multiplayer game in my steam library just fine while not connected to the internet. Same with my switch, and my playstation. not sure what this point was about lol
tbf the always online drm grift is real. it just hasn’t hit yet with games that aren’t online multiplayer only
in fact, if i have my steam profile online on my pc and offline on my other laptop, both can play games from my library at the same time. crazy
"Shit some crap out of her mouth" incapacitated me for about 20 minutes, as I was trapped on the floor, wheezing with laughter and praying that I could somehow take in enough oxygen to prevent any possible brain damage.
I was reading an interesting article about the Kola Superdeep Borehole, apparently it's a staggering 7.619 miles deep almost touching the mantle layer of our earth.
And yet, it's got nothing on how low NFT Lootboxes go.
If you believe such a thing. As a mantle or a core.
@@juancarlosnegron2358 "Such thing"? As in: "the earth can't have a core or a mantle because it is flat"? I just want to be sure I am understanding your comment.
Atari really dragged themselves outta whatever corpse pit they've been in just to announce this garbage.
Fucking hell.
I knew we shouldn't have buried them in that cursed Mi'kmaq burial ground behind the pet cemetery.
At this point it feels like the game industry is trying to keep finding ways to just parody itself. It is just absolutely mindboggling how it's come to this
Capitalism
This video makes me fondly remember and miss the "Suprise Mechanic" character Steph made. That character was fucking hilarious. But the fact they're not around is kinda good news for the industry. So i can't be too upset XD
Remember, bullying NFT shills is a moral imperative
These companies are literally racing each other to the bottom.
Ive come to just assume anything involving NFTs and anything with the word 'meta' in it is a scam.
Maybe you should actually do your own research…
@@FireMage9958 they did, and now has to assume anything meta is a scam because of the sheer volume of bullshit they had to sift through related to that.
@@FireMage9958 literally everything to do with NFTs and the Metaverse has turned out to be a scam. Any amount of research will back that up.
How dare you, do your own research.
Metapod is a good boy and would never scam me into buying cryptocurrency
@@concon09090 damn it. You are correct.
Atari played a part in crashing the entire game industry once before, we can only hope this is an attempt at a repeat
When I'm cheering for the industry to crash and burn again so someone can dust themselves off and go "okay, let's singlehandedly revive this with actually good shit again". I'm kind of hoping for Playtronic or NIS or Inti-Creates to pull that off.
Remember, it could always be worse! It could be a mix between Loot Boxes, NFTs and Bubonic Plague!
With how hard people shill these bloody things, makes me wonder how normal all of this is. Not NFTs, but manipulating the market into making the public thinking something is better than it actually is. Imagine how tactics like these would work if it was only half as bad. How many things sell only because rich people say you need it? I'm looking at you Apple.
scams have always been a thing, sadly. nfts are the scam apotheosis
Extremely normal. There is truly no new thing under the sun. The tulip bubble is one of the first well documented cases, but I wouldn't bet against some grifter in ancient Egypt flogging limited edition commemorative pyramid models.
What is driving this is a much, much worse than usual need for money(desperation) and people willing to grab and clutch at anything right now. Put that together with ignorance and mental illness run rampant, and you will find that this is not normal but way out of line. Our economy and society is in a deep, protracted decline and Crypto, NFTs, etc are symptoms of that. There are other symptoms, cough * qanon * cough * that are signaling a literal collapse of civilization. We are watching history in the making right now. This is what it looks like.
@@Starry2000 It's exciting! It's not every day you get to see a nation too big to fail scramble at anything and everything but still won't get the rich to contribute their fair share.
As others have no doubt already drawn the comparison to that legendary Devolver Digital E3 show, all this just goes to continuously confirm that the videogame industry is utterly beyond parody.
How do you joke about giant mega-corps using psychology to trick people into buying temporary goods with little use?
Last time I was this early, Konami still was a respectable gaming company.
Also: "The PanGalactic Princesque of Pansexual Pandemonium" is a fucking brilliant title! :D
That must've been an extremely long time ago. Are you an ancient immortal?
@@Se7en2107 Dunno about the other person, but I'm just old enough to remember when Symphony of the Night came out, and that was... 1996? 98?
What I am trying to say is that you are correct, haha
Yes, they did it again. They have created another abomination through the most unholy union(to date)
NFT Lootboxes?! That's even worse!!
I highly recommend watching "The Problem with NFTs, Line Goes Up" video by Folding Ideas. It's basically a 2+ hour RUclips documentary that masterfully explains Blockchains, Cryptocurrency and NFTs and why they are all terrible and why we really should be wary of what they are pushing on us.
I really didn't understand the subject before that video and i highly recommend watching it.
This is such a cathartic chaser to Dan Olson's "Line Goes Up" NFT video
Somehow after learning what NFTs are, I thought we’d truly hit rock bottom.
Then came NFT lootboxes and I was wrong.
NFT's and crypto are one of the technologies that make me believe that the entire field of computing was a mistake.
I sure hope the irony of you posting it on RUclips isn't lost to you...
I get what you’re saying, but I feel it should be pointed out that it’s the reward system of capitalism that takes a powerful tool like computing (that could improve and liberate lives) and uses it to make something that exists only to make profits. NFTs and crypto are just 2 contemporary examples of that.
Code is just human fallibility given the veneer of disinterest.
@@gablanwheel3895 it's a problem I have put a lot of thought into, because it is personally relevant to me as I work in software development.
My comment is more of a vent of frustration because whenever I do think of ways we can use software development to help people today or to move society towards socialism I come up empty. As it stands now, it feels like it, for the most part, only causes harm.
@@hisako-1984 don't worry. software developement will give us stronger and stronger AI tools which will be used to consolidate more and more power and money in the hands of the richest folks around. then, with all the unregulated giant tech companies racing each other to be the first to develop AGI, one of them will crack the problem, without having invested the resources into solving the alignement problem first. wish i could say humanity had a good run...
Lmao I love the use of the mime clip when describing Konami. Almost spit out my drink.
In these awful times, at least Commander Sterling brings me joy.
I cant blame people for pirating games from these large companies. Between Micro transaction abuses and sexual abuses there is no way I could justify giving money to many of these corporations. If gaming dies it will not be due to lack of demand but due to lack of respect. A lack of respect for the art, a lack of respect for the customer and a lack of respect for the hard working staff at these companies.
I'm over here, quietly hoping this will utterly blow up in their face with regulation not only swooping in against NFTs but also going hard against lootboxes because of the increased interest.
One can hope.
The fact that nothing really happened to loot boxes all this time makes me realize nothing ever will, and it is a sign of the end of society as we know it. NFTs are a second degree burn following the lootboxes, and it will get worse, without anything happening. It is other things too. It's a mental illness, and a craven grab for money anyway possible due to strife right now. What will stop it is the end of our economy and/or the age of society as we know it, that 'reset' that pretty much EVERYBODY is feeling coming on. We are running towards it.
@@Starry2000 I think that with NFTs, they really got too greedy and people realized they are being sold shit.
It was a step too far, and maybe folks will now also turn on lootboxes.
Remember when everyone against loot boxes said "give em an inch, they'll take a mile."?? Well, the NFT bullshit is DAMN CLOSE!
Where I live, a "GFT container" is a trashbin for your Vegetables(Groente), Fruit and Garden(Tuin) waste. I just can't help but think about trashbins when I hear GFT. So far they sound pretty similar in use.
This was sad but informative, thank you Sterling, hope things get better.
@peace FOH
@@heedseeker6155 you have displeased the will of allah. pray on you're quick temper and for patients in the future
I've never heard of NFTs until this moment and curse you for informing me of their existence
14:17 sterling can't believe you didn't say "UK DEBUKAY!!!!"
We need to hold the line against NFTs at all costs
We don't exist to the industry, though.
The industry is made by and for sociopaths. Literal m**d*r and s*xual abuse didn't stop Call of Duty from selling.
@@shis1988 To be fair, the murder part was just threats as far as we know, though the sexual abuse was real and it did lead to that suicide so it's still fucked but not quite... as bad as murder... yet... I guess... as far as we know...
...
@@vetreas366 "s**cide by bullying" is m*rd**...
@@shis1988 Manslaughter at best. Unless you can prove intent and a clear perpetrator who had a reason to instigate the action, first degree murder is not a clear verdict.
Law isn't as cut and dry as that. So even if one is responsible for someone else being forced in that sort of corner and taking their lives, it still wouldn't count as "murder" unless one could provide evidence to properly prove that the bullying itself took place AND that it was done with the intent to push someone to suicide.
The person who took the pictures can argue they never intended things to get to that point and that they were unable to foresee the effect it would have on the person themselves. The people who were sharing the pics around could claim that they weren't the ones who took the pictures, were uninvolved and never intended the tragedy to take place. The ones who covered it up could then say that they were not responsible for this and they only did the job they were given: making sure the workplace itself was not affected by "personal issues" between employees.
So yeah... world is a big old gradient of colors and grays. It's not as easy as all that to just say "it was murder" and not consider other circumstances...
It is morally repugnant and downright criminal, but it's not "technically" murder.
"GFTs, nothing inside of nothing!"
Why am I reminded of The Nothing from Neverending Story? NFTs will lay waste to the gaming world, same way the Nothing ravaged Fantasia.
"A hole would have been something. But it... was Nothing!"
It reminds me of Jayne from Firefly: "Ten percent of nothing is, let me do the math here, nothing into nothing, carry the nothin'..."
Cause why wouldn't this industry take the chance to combine the two most greedy ideas ever?
What’s so fucked is how deep the scam runs, when I put #nftscam and #nftarescams on any site, I get inundated with spam bots selling these fake NFTS and pushing me to “use them to advertise my NFT’s” it’s becoming an absolute shitstorm.
Sometimes, I feel like you just gotta sit back and respect the hustle from the AAA industry. These guys are like one step away from just walking right up to us and just outright stealing our money.
Around the point you were saying "They're not real, Atari just made 'em up!" I had a flashback to David Firth's animation "The News Hasn't Happened Yet." Life gets weirder all the time.
Atari has made it its mission to be the most dystopian company imaginable ever since they showed up in Blade Runner 2049
I mean, the upside is that in comparison to other scam lootboxes, with these scam lootboxes you can rest assured that every single box has the exact same value inside.
What's less than zero?
Honestly, who is really surprised at this point. I said to a friend that NFTs were the natural progression from loot boxes but leave it to the game industry to merge the two.
GFT... Gift...
Gift is the German word for Poison.
NFT loot boxes? Well that's horrifying
I thought a reason why loot boxes weren't 'legally' gambling was no real world value?
I thought a reason why NFTs were 'good' was that they do have a real world value?
Hmmm
Both statements were just a marketing ploy to sell you these things. In reality, if loot boxes would have no value ... why do I have to spend money no them? Why do I get in game stuff, from them, that other players can't? That defence was something I never believed in.
And as far as NFT's go - it's also the other way arround. In reality, they have 0 value. It's a scam. Any value is purely artificial and made up, so you would spend money on them.
Now they will go full circle, screwing customers in the ass and mouth at the same time. At least the stupid ones. But because there's a lot more stupid people in the world, than rational people, they will win. They won't screw me. But if they screw my entire neighbourhood ... they don't need one more.
The contradictions don’t matter anymore, if they ever did. The last several years have made it clear that you can say and do anything as long as you have the power and money to force it through.
It just occurred to me but "Play to Earn" is basically the industry's way of taking the incredibly gross practice of crunch, which they apply to their own employees, and applying it to their customers as well. Except this time _we_ pay _them_ up front for the honour, and in return they trickle down a few crumbs the harder we crunch.
NFTs are like buying a print of the Mona Lisa and thinking the receipt will go up in value some day.
It's not even the print, it's the receipt that you can "redeem" for the print!
We are living in the darkest timeline that keeps getting darker. Fuck me.
Ah yes because the middle ages where heaven on earth, i genuinely miss the times when people did not invent sewers yet, my god
@@MoonTurky Ah yes you say that like there aren't people right now in first world countries that don't have water to drink, food to eat, and a roof over their head let alone people in poorer countries who have been living like that for decades under capitalism. Meanwhile, we have corporations that are leeching every person dry of their money so only a few have anything at all. We live in the dark ages but with tech and fewer excuses to be this fucking dumb.
I love how naturally you said "grift certificate".
I’m out of jokes. So fucking tired of these NFT things. What will it fucking take to get them to stop?
Ignore it
I'm pissed that NFTs were hijacked like this, i'm an artist and on day one i thought that would be an AWESOME way to sell paintings, but before i could even get my canvases all digitized it blew up into this scam shitshow that i'd be embarrassed to be part of. This is why we can't have nice things, i've got real art if ya want art, while some 8 bit poorly auto generated jpegs calling itself 'art' sell rapid fire for what would be life changing amounts of income for a single piece.
I'm tired of all this shit, anything with potential gets hijacked and used as a scam.
Hello Jim Sterling Thank you for an informative video.
it's a testament to how good the Ducktales reboot was that every time I hear about the next shitty tech sector grift I'm reminded "lol this is exactly the sort of thing Mark Beaks, a comedically exaggerated cartoon villain, would do"
That show was taken from us far too soon
@@tiin111 Agreed. Mark Beaks was a perfect encapsulation of every modern tech baron. Greedy, thoughtless, only caring about buzz and engagement, prone to stealing ideas...
Nasty Fucking Things.
I've never hated something I don't understand so much in my entire life on this shit, wet planet.
If you understand them, you'll hate them even more ♥
You probably understand NFTs perfectly well. It's just that they're so ridiculous, you naturally assume you must be missing something because that can't be all there is to it, surely.
7:07 Yea the correct term would be "virtual estate."
It worse. The loot box unwraps at a later date. So it's a Pre-Order for a loot box that contains nothing.
I want to forget about NFTs too, not just because they're bad, but in the hopes that if enough people forget about them, people will stop selling them.
This!
Wow, it's like Atari saw what Konami was doing and saw that as a challenge to be somehow more washed up and shameless than them.
Maybe it's time to give that hi-hat cymbal a double shift for "Fuck Atari News"
"So you're neither alone nor in the dark!" Hilarious.
Man. Devolver Digital really were the future's future's future
Ubisoft: Are the gamers right that I'm out of touch
Ubisoft: .......No it's the gamers who are wrong
RUclips gave me an ad today for a Metaverse mech NFT lootbox game with cryptomining, so I was plenty emotionally splintered enough to watch this afterwards.
Let’s make games that work ? No.
Let’s make games that aren’t reskins and call it sequels ? No.
Let’s not target mod community for a 00.0003% growth on sales? No.
Making a product is hard nowadays. If the consumers don’t just call court on this, they’ll exploit us further, making shitty products and promoting crunch culture. We are almost viewed as a money machine and not consumers.
I’ve never ever bought bf, halo, cod or FIFA. I’ve almost 1k games on my steam, never bothered to buy games distributed by EA, Ubisoft and activision. Also if R* (Tk2) target mp mods of old games (ps2 era games), I would promise myself to never buy another GTA again.
Fuck 3xA. Do your on games or support the modding/indie industry.
Atari's new management figured out how to be worse than Jack. And Jack literally stole the Lynx and worked hard to screw over Jaguar developers.
This gives me an idea. Lootbox NFTS! Now you can get an NFT to a picture of colorful presents. Uhh. You can't open them, tho.
I still think that “Princesque” is one of the absolute best words ever created, hands down
I feel like we should introduce loot boxes into the stock market to mess with shareholders.
Throw more gambling mechanisms at gambling addicts?
I'm pretty sure they would embrace it with opens arms and not a hint of irony or introspection.
@@rainbowkrampus but it would introduce real risk for them.
Love the timing of Harold Hill in the background.
0:15 not even a minute in, and Stephanie is bringing the laughs!
If there are no more NFT haters on earth, then I am dead.
God, the wrestling promo at the end is just amazing and gold. I need 100% more of that.
4:12 I hear whoever is controlling Stan Lee's Twitter account is using it to promote NFTs.
You know, throwing rice sounds like a good idea... The big 50 Kilo Bags from a 100 meters above
I do not want to acknowledge the existence of NFTs either Jim
Microsoft seriously should buy Atari just to bury this embarrassment.
And release ET Remastered on Microsoft Store on April 1st.