My mum said that If I get 30k subscribers she'd definitely stop telling me that I was a mistake that should have been clothes hangered. Begging you guys literally begging.
what surprises me is that people defending NFTs will act like you're the dumbass for making fun of them for wasting half a million bucks on shitty art rather than a house or car, and when you make a valid argument against them, they proceed to lecture you on NFTs and why they think its worth getting scammed by them
sue them if you have the original file and if they made any money. that is in no way legal to steal your work and make money off of it and it’s just plain evil. i hope their stinky nft goes for a few cents
@@JayVGC sue them? you realize that you need lots of money to do that for a case which will be thrown out and an undisclosed settlement will happen, theres not much you can do
Hype is the thing that keeps any form of crypto blockchain anything going. Hype is literally the currency. Without the hype it's 30 60 year old widows bidding on a painting or prints for a couple hundred maybe, with hype you got millionaire crypto bros trying to cash in on meme hype probably with a portion of all future sales having a cut go to the person who started it, just hoping they're not the last holding the hype bucket before it's empty. Gold is 1,824 an ounce, a single Bitcoin is worth 42,000-47,000 hype is literally worth more than gold.
@@5h4d0w5l1f3 Oh I see you're just saying Charlie isn't the only person that could hype this up. True, but I think the rest of my statement still stands with the rest of the thread even if it doesn't directly correlate to your statement. So don't mind me not fully deleting it just in case someone wants to chime in. I'll probably edit out your @ name tho. My bad.
It was totally worth having my artwork stolen and minted multiple times and the planet being on fire if it means I can get some sweet sweet non-fungible Richards.
@@ange4154 more like 70% rn, I fucking hate bots, I don't understand why it's so hard for RUclips to get rid of them, they all follow a pattern, once they put that into an algorithm to search throughout yt, there'll be a massive culling.
@@FreakyHimmel not only do we both not understand the bots but like... Porn bots? Shitpost bots? Hate-speech bots? What has happened to this website? Why charlie??
Do you know how much electricity the banks use? Way more, and that's not just because "everyone" has a bank. Also banks invest in crap like oil and coal. Ethereum only uses a fraction of the energy consumption and that energy consumption doesn't scale with the amount of users one bit. Plus Ethereum will go proof of stake cutting that energy consumption even more. Either way the use cases of NFTs are mostly being used for crappy png/jpegs when it could be used for far better things.
@@peacemaster8117 it’s a more expensive way of recording ownership or membership than any means we have now. Another pipe dream nft Peddlers sell is that games will use them for Items similarly to steams market place. Again, nfts are a more expensive and resource demanding method of doing a marketplace like that and the companies gain literally nothing from it. They’d lose money since players could trade for items amongst eachother instead of needing to pay the developers. There isn’t a single use case for nfts that benefits businesses. And that’s not mentioning that if nfts are used for proof ownership of real world assets or anything really, they’d need to be upheld by a court of law, completely destroying anything that crypto tech stood for
my problem with NFTs is that theyre just an extra expensive reciept of digital purchase. if they actually did something to protect the owner from theft, and if they came with a system for personal vs commercial liscensing built in, theyd have huge potential for the art world. but they dont.
@@JustJeb1617 ethereum in its current state is PoW consensus and is quite energy expensive, howevere when ETH 2.0 releases this year that energy will be cut down 99% over night
@@aw7614 vitalik buterin knows what he's doing, I don't own NFTs but I have nothing against them. ETH 2.0 is gonna be a big game changer. I don't have ETH but I do have other erc-20 tokens and I can't wait for ETH 2.0 lol
All the artists I follow love having their artwork stolen and turned into quarter-assed NFTs! It warms their hearts to see other people trying to profit off of their work without so much as a thank you. Seeing hours and hours of their hard work and passion being used by some leech just means the world to them, you know?
As far as I know NFTs do two things: -Rob idiots of their money through the power of pseudo crypto -Allow millionaires and billionaires to launder money or dodge taxes
this also happened to another recently deceased artist, Qinniart's artwork was stolen as an NFT and brought to light by her sibling. its so messed up and the lowest low invented by nftbros
@@Nutmeg- there is nothing that you can make that is your own, you can be ignorant of your own plagiarism but that's what it is. learn to be humble, also the quote is by Picasso so you can take his word for it
@@h00db01i Something being a quote doesn't mean it's 100% true. It's a quote. People can be wrong. Artists don't steal, they create. Otherwise they'd be called thieves.
Whats upsetting is NFT's were meant to be a way for digital artists to sell their art in a safe way A way that didnt let anyone cheat them out. But instead of it being like real art where time and effort is considered in the price, NTF's just became a way to sell shit for high prices. Its rediculous how making an NFT is so easy and yet can be sold for alot. Once again leaving actual art to suffer
My brother told me about NFT’s a year ago encouraging me to get my art out there. I never followed through with it but one sudden day it became a meme and something a lot of people were hating on. No idea what had happened. I appreciate how simply this was written ^___^
Yea.. I'm an artist I don't get much when I open commissions. I heard when nfts came out it was supposed to be that. I'm so glad I didn't join it then if it was gonna become what it is now..
As an artist myself I believe there is great potential in NFTs. The issue is the insane amount of copied, no effort garbage that’s put into the marketplace for high value and gets popular due to the price and the individual selling it. You don’t even need any talent whatsoever in order to profit. Just a large following and collectors who will buy anything that person offers. Honestly If I were to sell NFTs they would be individually unique and visually appealing.
@@zepharasite Same here Zep, Im a blender user and the concept of NFT's sounded so cool when they first occured. I was cheering on my favourite artists as they released what they made. Now its hard to watch them do it, knowing that it will be percieved as garbage.
@@Thesuitwearsyou Except instead of spending thousands of dollars, people can just commission someone and the money goes to them; not to mention how NFTs actually go against/harm artist since most of the time they get their art stolen. Hell, even people in the NFT community ate stealing from each other, going AGAISNT the very definition of NFTs on how safe they are.
I want to be a graphic designer and people keep telling me “hey you should design NFTs it’s so huge right now” and I’m just sad that this is the future of the industry.
Future of the industry lol give it few weeks. People are already turning away from it online so just wait until offline People hear of this, prices start to drop all across the board as more buyers turn suspicious and start selling all of their NFTs at prices with barely any gain or even at the same prixe they got it for just to get rid of them on time and everyone will start panic selling. It will fall on its face same way Bitcoin did few years ago during that bubble; of course bitcoin recovered to a point because it makes fucking sense as a virtual currency at least, NFTs hsve no value, its literally online speculative market where everyone's praying they wont be the sucker last owner who will be stuck with them when shit hits the fan(besides some reddit momos who actually believe this is future of investing).Which means it will never recover after the bubble bursts because once media will report on how stupid it was no normal person will get near them and only People willing to buy rhem will be redditors with their budget of a part time dog walker.
Obscene amounts of money for stupid things always turns my money laundering alarm on. This seems like the perfect setup for it, wouldn’t be surprised if these had strict regulations in a matter of months.
@@ballsdeep9400 the point is you can mint an NFT for fuck all and then wash millions by purchasing the NFT and making that cash your "legitimate" income. You can't do that with crypto. Well I mean you could buy $20 of crypto and sell it to yourself for millions I guess but it's going to raise a lot more flags.
It's part money laundering, part scamming people out of money by artificially inflating the perceived value of inherently worthless items. It only takes a few rich people buying stuff from each other (or from themselves) at ridiculous prices to trick greedy investors into thinking said stuff is highly valuable.
@@spazmagoog And then a million suckers to buy into the fantasy that you've created, and become an army of shills and fall guys, to shield your operations.
I love how Charlie has no filler bullshit in his videos - no intro, no sponsors, just goes right into it. Also no outro- no “please subscribe/follow/etc” moments, just “see ya” and the video ends. To me that’s respecting his viewer’s intelligence and time. I think it’s Because he knows that if he makes good content, people will watch and follow. If he doesn’t, they won’t.
Tbf sponsors are not a bullshit moment, they're usually a large chunk of an youtuber's livelihood. Other than that, 100% agreed. Even his description is not the corporate "here's my twitter/discord channel/patreon/etc", it's the simple organic description he's been doing for ages
@@chillmanmax775 Yeah, he started linking his Twitch in a non-chalant way every so often. Not really comparable to the rather formal and robotic listing youtubers usually do
I don't feel bad for them if they got involved with NFTs. It's unbelievably bad for the environment and offers nothing that you can't get from selling your art on already existing sites.
4:19 “You get more with a Richard than you do with hundreds of thousands of dollars worth of Bored Apes.” I would love for a time traveller to go back in time 100 years and try to explain what this sentence means.
I'm an artist and NFT's are (one of) the reasons why I'm afraid of posting art anymore. Art theft is already a problem; a 16 year old got his art stolen on Twitter by a scummy discord racist person, and was accused OF BEING THE THIEF, and got his account deleted. NFT's multiply this problem.
@@SpaghettiToaster Artists who want to profit of their art shouldn't have to resort to NFT'S. Just like they shouldn't have to deal with art plagiarizing and thieves. NFT'S and art commissions are two very different things.
@@llechium That is true but to say that NFTs decrease your ability to prevent your art from being stolen makes no sense. In reslity, nfts are a very powerful tool to make it easier for you to claim your ownership rights.
I absolutely love NFTs, they changed my life and got me and my family the needs and support it needs, my money laundering business has never done better,
You had me in the first half I’m not gonna lie. I hereby award you the Imperial Medal for Comedic Timing. - A message from His Imperial and Royal Majesty, Kaiser Wilhelm der Große.
When the title said "I was wrong about NFTs" I fully expected charlie to have powdered sugar wiped across his face telling us about the values of a fly by night scam
Honestly, I can agree with Moist on this one, if NFT's gave you once in a lifetime experiences, rather than just a shitty piece of copy and pasted art, than yeah, they would offer a memorable experience and that image would show that you got to experience that. Almost like how people collect every ticket from live shows they attend or ball games with signatures and stuff. I still think NFTs are shitty ways to try and make a buck for fake artists when real artists charge sooooooo much less for actual customized art or characters that, if you get into it, can be like an NFT in that you can trade or sell them for money, depending on how much all the art for that character is worth
@@Thesuitwearsyou People in the NFT community are stealing from each other, going against the definition of an NFT and what "makes it great", so yeah, lol.
An NFT is a token in a database, it doesn't "give you" anything by default. Getting mad at NFTs as a whole is like getting mad at all uses of email, or spreadsheets. It's totally ridiculous. "real artists charge sooooooo much less for actual customized art" Most NFTs cost far, far, far less than a commission dude, trust me.
Honestly it’s like people who vehemently defend NFTs haven’t heard of adoptables or whatnot. They’re more common in the furry community, but some artists will also do adoptables for fantasy and sci-fi characters too. Not only that, but adoptables are waaaaaay cheaper than NFTs. Some can get extremely pricy but at least the focus is still on the artwork. I have yet to see someone into NFTs talk about the art side of them, they only ever talk about the business/money-making side of it. Edit: An adoptable is a character design an artist will sell for either a nonnegotiable price or through bidding, sometimes the adoptable will come with a name and basic background, but the new owner is free to change these as needed
I’m sure these scams are fun for whoever is running them but it’s really depressing to see how many people not only fall for them but get excited about them.
I thought nothing could change my view on NFTs, how wrong I was. Home Improvement got my entire life savings when it first aired 3,000 years ago on the fucking caveman walls, looks like it's time to waste it all again.
I’m surprised no one’s considered talking about William Shatner having NFTs. The man is 90 years old, I get that he’s not really looking forward to the future of the environment but that doesn’t explain how someone managed to convince a 90 year old to use their likeness in an NFT, that’s like resurrecting Hammurabi and convincing him to give you permission to use his likeness for a gas station!
@@SardonicCrows I'm not even sure it's THAT simple. Shatner has always been a proponent of future tech and whatnot, often getting involved in sci-fi-esquee trends because it interests him. I'm betting he was told NFT's were some great thing that everybody loves and he thinks he's getting involved in 'the technology of the future' or some shit.
Tbh the people from Marvel still running Stan Lee’s account to promote stuff, even before NFTs, bothered me. It makes me sad they can’t just memorialize it and promote stuff through other channels.
Eh I get what you're saying but on the other hand I don't feel like Stan Lee would mind the other stuff, he loved Marvel obviously, and even the MCU. He would probably be happy in the knowledge that he's still a promoter for them even after death. But the NFT stuff is really fucked. Using a dead man to promote scams is despicable.
Why? He sold his entire soul to China...only right that people use the China patsies to make American dollars. I wouldn't spit on that clown if he was on fire
the industry gives a shit about artists IF the artists sell the rights. which is legally correct ofc. see the writer of the novel Fight Club is based on recently crying about the film not staying true to his book. tbh the story is edgy crap to begin with so what to expect .)
@@charliefox9424 then you own a link to the audio nfts dont actually give you any copyright or commercial control over the thing you bought so you cant even use them like at all in any commercial way so its kinda just throwing money down the drain
I'm also wrong about NFT's. I made a severe and continuous lapse in my judgement, and I don’t expect to be forgiven. I’m simply here to apologize. There's a lot of things I should have done differently but I didn't. And for that, from the bottom of my heart, I am sorry. I want to apologize to the internet. I want to apologize to anyone who has seen the video. Like I said I made a huge mistake. I don’t expect to be forgiven, I’m just here to apologize. I'm ashamed of myself. I’m disappointed in myself. And I promise to be better. I will be better. Thank you.
It was pretty interesting watching as NFTs went from essentially a way for a few famous artists to sell the digital ownership of their work to buyers to the weirdest pump and dump schemes i've ever seen. There was one guy who was selling an NFT that gave the buyer access to his pacemaker and I thought to myself "wow that's a really stupid and dangerous gimmick" but compared to a ton of the dumb shit I see nowadays it seems like a great value by comparison. I get the power of life and death over a weird crippled guy that's awesome!
@@UnholyEquinox yeah, there was also a guy who allegedly had some weird cyborg eyes and if you bought his NFT you could fuck with his senses whenever you wanted. Probably bullshit but that's what the verified NFT instagram page promoted it as. It's interesting because the beginning of the NFT craze seemed so innocuous. Like Crypto punks were originally just a thing you could get for free if you had an ethereum wallet and most adopters of NFTs were just using it as another way to sell their art. Lushsux sells his graffiti art as NFTs and has been for a year or two at least and beeple has been doing daily digital art for over a decade I think and he just started selling the daily art he was already making as NFTs and then it ballooned from there. At least that's my understanding of the early stages.
@@shintopriestesskikyou5674 I don't know if it's legal to do that to him it probably isn't but the dude was selling access to his pacemaker and apparently you could stop his heart. Again this was what the verified NFT instagram promoted it as.
I'll give them credit, I thought my drawings made me drown my eyes in bleach, and then I saw the nft monkey art Thanks NFTs, I feel better about my art now :3
No lie, my parents dressed me up as Al Borland when I was 7 for Halloween. The adults loved it when they saw me. True story. I also live in Tampa, so Charlie if you ever host a Home Improvement cos play event, I’ll gladly reprise my role
NFT’s are basically like if I had a baseball signed by Jackie Robinson, took a picture of the ball, and instead of putting the signed baseball up for auction, I put up the picture I took up for auction and I actually got some rich brainlet to spend millions of dollars for a picture I took with my iPhone.
Unpopular opinion: NFT value is based upon the "Greater Fool Theory". You were a fool for buying an NFT, but the person who buys it from you at a higher price is the greater fool. China's housing market is based on this premise, and it too will eventually collapse if it hasn't started already
Not onloy that but it started as a way for ultra-richies to launder their money...The Greater fools just rallied behind the fantasy the rich fucks created.... Know what they say, "There's a sucker born every minute." So now the army of a million suckers are obfuscating the ultra-rich money launderers, and governments are too swamped with other sociao-economic crap, and political jostling it'll be years if not decades before we see any solid NFT regulation....
I mean, those who are able to sell it for more than what they bought it for gets in profit. but I think I first need to know what makes them a "fool", because I associate that word with dumb
My take has always been that NFTs are stupid but they make lots of money. No one who defends them truly doesn't think they're stupid, they just want to keep their insane ROI going.
NFTs have so much more real world utility than just being shitty JPEGs. For instance, student IDs in many countries in Africa are NFTs on the Cardano blockchain.
I don't own any NFTs or sell any, but I will defend them. The selling of pictures is just a proof of concept, it's not the endgame for this technology. The point is you can have a piece of information that is verifiable and unique without being at the mercy of some organization. For instance, imagine a company offering shares in the form of NFT's. You can prove your ownership in that company, collect dividends, and trade your shares in the blockchain without having to rely on a broker that may or may not treat your shares fairly.
@@ArchangleTyrel2 but even in that example NFTs aren't providing any benefit. You can have a perfectly functional identification card system without NFTs.
That's how NFT's are supposed to be used, more or less. They aren't supposed to just be cartoon monkeys, the intention was they'd be affixed to some good or service and serve as a receipt or similar. Think of like an Xbox gold pass thing (you get games and stuff from a provider), but in NFT form, so you can pass the gold pass thing along to other people and easily and legally. It's not a bad idea. The problem is some people saw easy money and started just abusing the shit out of it. I've always said that's a universal crypto problem, that while lack of regulation SOUNDS like a good idea, most of the regulation is there for a reason.
What Charlie failed to mention was that Richard almost immediately did an about-face and cancelled his NFT plans after "thinking about it", with the original announcement tweet having since been deleted - so, nobody's going to be getting any Richards any time soon.
To be honest I was wanting to ask him if he was threatened with a lawsuit just for saying nfts are crap (which is the truth). Because they are crap. I'm telling you whoever is abusing Stan Lee's Twitter account for this crap alone should be put in jail I don't care if it might not be a crime at all they need to learn that you can't just go abusing someone's twitter account just because they're not able to use it anymore.
Well said. Someone needs to put an end to this NFT madness. I was around when Home Improvement was a big TV show but I had completely forgotten about the character Al Boreland. I literally won't be looking out for this junk.
I know some people have a hard time understanding it and think you are just buying a jpg but you're actually buying "exclusive ownership". You cannot copy, duplicate or link an NFT, you either own it or you don't. So it SOUNDS super appealing for collectors / investors. Because they think "since there's only 1 of this NFT in the world it's by definition ultra rare and potentially worth millions" . But I can easily deflate this absurd theory with an example that any moron can understand: I took a poop earlier and there is no other poop like it. It had a very unique shape, like no other poop in the universe. That in itself doesn't make it worth something... Unless you find someone who really enjoys eating shit. And that's basically the world of NFTs. It's literal poop that you buy hoping to sell to scatophiles. But why buy poop when you can literally make your own poop? So then everyone starts making their own NFT and NFT market poops itself.
It's just some pet rock level stuff that rides on being trendy and cool in the hopes of being a viable product. Richer investors and hipsters are chomping at the bit now, but with the controversy surrounding it and how quickly people have come to hate NFTs my estimate is that the fad will die out by the end of this year, if that
No one has a hard time understanding it lol nft ppl just like to be pretentious and think theyre smart. I will agree though that the current state of NFTs is literally selling to scatophiles. If people learned how to properly use it then maybe it would actually be reputable but as it stands the whole thing is just stupid
It's even worse than that. Buying the NFT for a digital poop doesn't actually confer any real ownership rights over the poop, nor does it make that poop unique or special. The token itself is non-fungible, but the file it links to is still as fungible as ever. Buying a poop NFT just gets you a hyperlink to the poop on a host website or someone's google drive, which may or may not still be there later. But anyone who wants can right click that poop, save it to their hard drive, spread millions of copies of it all over the internet, even make more NFT's of it to try to sell to gullible idiots.
"The Machine Stops" is a science fiction short story (12,300 words) by E. M. Forster. After initial publication in The Oxford and Cambridge Review (November 1909), the story was republished in Forster's The Eternal Moment and Other Stories in 1928. After being voted one of the best novellas up to 1965, it was included that same year in the populist anthology Modern Short Stories.[1] In 1973 it was also included in The Science Fiction Hall of Fame, Volume Two. The story, set in a world where humanity lives underground and relies on a giant machine to provide its needs, predicted technologies similar to instant messaging and the Internet.
I do hate NFTs but I've learned recently that making all these videos hating on them kinda promotes them even more. For every hundred sane people that avoid them after watching a video, there's gonna be one person who buys them because they were talked about. Taking screenshots is a way to get the art for free, completely ruining the "worth" of the image, but people don't seem as upset about screenshots as people think they are. It's because it's free publicity, even if it's bad. We're hating NFTs into becoming a thing. :/
If you're scrolling through this make sure not to click on any links or profiles with inappropriate images/names, even if they have a good comment. There's a new bot that steals real comments and pastes them on fake accounts. I know it's pretty obvious, but I see a bunch of people replying to the bots and I know some people honestly believe they're real for some reason.
@@youwantmyname9208 Strange you mention that, art theft is supposed to be illegal as well. As funny and morally correct as this trend is, it's weird that no one has been reprimanded for it... (As in, legally charged, not berated.)
If you read about the technology you'd probably find them quite exciting. What's disappointing is the typical uninformed twitter backlash from people who only understand the world through memes and soundbites.
@@peacemaster8117 pretty sure it was you who I responded to, breaking some of the fucking wishful thinking mental conditioning Gary v has done about the future of nfts lmao.
The first time I heard about Nfts, I thought it was a abbreviation for bad, boring and unindividual art. I literally thought it was straght up an insult.
Charlie: 0:00 - 0:22 Me: Sooo...youre saying i could make some special frenemies just by holding out virtual dog sh*t on social media? That sounds rather tempting 😂
weirdly enough, I think Ringo Starr's MSPaint art would fit an NFT p well
3 года назад+22
Honestly very scummy thing of Marvle to do, pretend like a dead person is alive and promoting your NFT's with it, disgusting and unforgivable behaviour tbh.
i'm just waiting on the day for pepes to become NFTs. There's already so many variants of them so some random gremlin is gonna come around and monetize them.
They have been a thing for a while: en.wikipedia.org/wiki/Rare_Pepe Original collection was sold on ebay in 2015 and now these are considered some of the most valuable NFTs in existence.
because despite the outcry its 'worth it' because there's hundreds of thousands of these ppl who will drop 100's of dollars on a hyperlink. also i think a lot of them have already signed contracts and aren't expecting the occasional insane backlash (ie discord, neopets)
Every time you see corporations collectively try something new you can be sure it's because they think it's the lowest effort way to get more money fast
They don't think about it, its just getting in the trash hypetrain. Their neurons are activated just with the word "Money" and a new way to get more of it
My dad made the cabinets for home improvement. That is all he told me. He went to vocational high school for carpentry. Made cabinets for the set as a 20 something. Never met any of the crew. Edit: I forgot it wasn't home improvement. It was This Old House. Same difference.
NFT's are very distressing. Limiting the production of something that can be produced infinitely is already a scam. The slow rugs, insta-rugs, manipulation scams...all of these things are just a derivative of an already totally corrupt concept.
I happen to own the most expensive NFT ever produced and sold. And the third most expensive NFT ever produced and sold. One is a white square, the other is a black square. I paid less than a penny for both of them combined, and currently get offers of $70 million for the white square and $18 million for the black square. However people don’t want to pay cash or legitimate currency. They want to trade NFT’s for my NFT. Meaning that both of mine, and the ones that people that want to trade, are worthless. Just as every NFT is. Non of them are worth anything. Most are randomly generated, meaning no time or effort went into creating them. One single Runescape gp is more valuable than any NFT. When you see people “selling” their NFT for thousands or millions of dollars, it is a lie. The most expensive NFT’s ever “sold”, were not actually sold. They were traded for other non-fungible‘s that are worthless… sure, you can buy NFT’s worth a cent or two and sell them for 25¢ or something. But anyone claiming to have made anything more than a couple dollars, is lying. No one is buying them at $1 million and selling them for $10 million. All of those stories are completely made up to make you believe that you are getting some thing that is actually valuable, when in reality you are just a gullible fool buying snake oil from a scammer with no morals… it is not the first time that a “non-fungible token” has been tried. Here is a quote directly from coin base “Cost The current price is $0.00 per NFT. The new price represents a new all time high of $0.00.” They are worthless. You are essentially burning wealth by obtaining them. And even the markets used for trading them state that they have no value. All of the celebrities and Internet personalities that you see obtaining them payed nothing for them. It is a immoral formula that has been used by the wealthy over and over again to scam every day people out of their money. It is simply another “get rich quick scheme“ in which everyone except the scammer loses out. Cryptocurrency is another one. Do you actually think that the markets are “extremely volatile“? No they aren’t, they would act like any other market resembling the stock market. There is a reason that bitcoin goes from $60,000 a coin to $15,000 a coin every other month. Once enough regular people have bought in, and “invested“ their life savings into bitcoin, the wealth is pulled out by the top few, artificially crashing the price per coin, and over all market share. Then the cycle begins again, the price rises artificially, which is a ploy to get the average person to think “I really need to invest in this before it’s too late.” Those people invest, pouring their actual money into the nothingness that is a valueless cryptocurrency, raising the value and price per coin. And then the value is pulled out by the top few. If you believe in cryptocurrency, or NFT‘s, you are a moron. Oh you should invest an actual stuff, like real estate, a business, your own business, the stock market, collectibles, precious metals such as gold, platinum, palladium and silver, etc. There are more than enough legitimate ways to invest your money, and crypto and NFTs are not one of those ways.
So cashing out those thousands of dollars worth of apes is not possible? I thought all these people were getting real currency out of this somehow. Just when you think you understand how this works...
@@09yulstube It is possible. In theory you could make money. However 99.9% of the time, this is not the case. They are estimated to be worth a certain amount, however, like most other investments, liquidating NFT’s can be a tedious endeavor… Would you pay $500,000 for a pixelated ape? Probably not, along with most other rational people. Therefore, right now, NFT’s are traded for other digital assets at a huge loss. It’s almost impossible to get actual money for an NFT.
100% agreed with you but I think actual currency is not that far off? Money isn’t based on gold anymore, it’s merely a social concept that we’ve all opted into. Numbers in my bank account actually mean nothing but have value because we choose to give it value. But at the very least stocks and collectibles and businesses are regulated and not completely combustible like crypto is
@@chaostears It’s true that money only has as much value as we give it, but the major difference is that currency is exchanged for tangible goods and services of inherent worth. Currency has no worth if that currency is not accepted as a fair trade for goods and services. For example, cash in USD is effectively worthless in China because it cannot be traded for other things in China. NFTs are similar to this situation; nowhere are they accepted as trade for goods and services, and they do not hold any sentimental or material value in-and-of themselves, therefore they are worthless. This worthlessness is even stated in their name; NFT-non-fungible token. Fungible-(of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable. It cannot be exchanged for anything except itself. It is not worth anything except itself.
I absolutely love Home Improvement. I'm not "very old" (32) but I watched that show for years and years growing up usually on TBS. It will always have a spot in me cold, dead heart.
@@C9000-s8j I'm not Boomer old!! I take offense to that haha. But yeah, I'd be lying if I said I didn't love shows like Dexter's Lab, Roko's Modern Life, Angry Beaver and many more.
We've got a "Borland Construction" here in town, but it predates Home Improvement. It always feels like I've stumbled upon a time paradox whenever I drive by.
NFTs got fucked over so hard by scammers I was selling ACTUAL art that I put my heart and soul into at the beginning but as the scammers who take 2 seconds to make something compared to my 5 fucking days making something that actually looks nice it made it so that I couldn't sell any of it and it completely cut off my cash flow along with other talented artists. Now I work at a fucking coffee shop and can only sell locally due to the fact that I refuse to get back into social media (because of past experiences) to get commissions!!! THEY FUCKED SO MANY PEOPLE OVER!!!
There have been huge sites for selling art across the internet for at least two decades. Use one of those instead of this scammy planet destroying nonsense.
There was nothing to fuck over, they were always a scam. An NFT doesn't include any artwork in itself and it doesn't confer any sort of legal ownership over the artwork, it merely links to the art stored online and verifies that someone was dumb enough to pay for something that anyone could get for free by right click saving it. If it's really just the artwork itself you want to sell and not the inherently worthless token attached to it, just take commissions and send your clients the png file like normal. And don't complain about not getting enough business because you refuse to market yourself on social media any more. That's a problem of your own creation and you could solve it any time you like.
I thought charlie was gonna talk about the guy on twitter who tweeted about being hacked and losing all his nfts. Then someone proceeds to reply "im so sorry, but please change your pfp since you dont own it anymore"
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
It is disgusting they used Stan Lee for NFT production. This world becomes even more of a dystopia every day.
Its just the begining
Crypto, nft, metaverse is our future remember this in 10 years
@@brydiginte6552 All I can do is laugh at you and hope you're wrong
@Cony Budding where’s this idubbbz thing come from?
@Cony Budding bruh. All future train, plane, movie etc tickets will be NFT. Lmao
Using Stan Lee's account to promote scams is absolutely shameless and it's sad that these people don't get punished for it. They just get ratio'd.
ratio
Yes, we watched the video
@Mbita Acoustic Guitar ruclips.net/video/zrFI2gJSuwA/видео.html
@@_acea4171 💀
We have bigger problems to worry about than someone overtaking a Twitter account
I got so disappointed when I saw the Stan Lee NFT line... Using such a respected human being to push a glorified jpeg is so wrong in so many ways
Yea, I wanted to vomit, who does that?
Same, love him so much and was beyond sad to see it happen, they should be ashamed of themselves.
@Mbita Acoustic Guitar get a job
@Mbita Acoustic Guitar get a life buddy
My mum said that If I get 30k subscribers she'd definitely stop telling me that I was a mistake that should have been clothes hangered. Begging you guys literally begging.
If they got Al to pose with a lawn mower, I'll dive right into that open sea.
With Wilson looking over the hedge in the background.
Name checks out
With what money?
You should play lawn mower simulator
Yeah I'm also curious if you've tried or heard of Lawn Mower Simulator lol. Never tried it but it seems right up ur alley.
I was wrong about NFT's too. The people who make them aren't greedy, they're batshit insane.
The people that make them aren't insane, the people that buy them are.
WELL IF IT ISNT SAUCY JACK
MGR lol
Congrats to everyone who found this reply..
Think about it it is so dumb just make a shit nft and sell it for 50 million boom 50 million money
what surprises me is that people defending NFTs will act like you're the dumbass for making fun of them for wasting half a million bucks on shitty art rather than a house or car, and when you make a valid argument against them, they proceed to lecture you on NFTs and why they think its worth getting scammed by them
@Instagram User Okay bot.
@Mbita Acoustic Guitar wow really I'd support you but I hate self promotion
@@infilit4915 that's a pity asking bot
@Mbita Acoustic Guitar I am not subsrib to you!
@Mbita Acoustic Guitar homie keep the work up maybe do tik toks to reach more people its the easiest was to reach out people
As someone whose art was commissioned for personal use and then put straight on NFTs afterward multiple times, I also can agree about hating them
sue them if you have the original file and if they made any money. that is in no way legal to steal your work and make money off of it and it’s just plain evil. i hope their stinky nft goes for a few cents
@@JayVGC sue them? you realize that you need lots of money to do that for a case which will be thrown out and an undisclosed settlement will happen, theres not much you can do
idk how much it will work, or even if it even does, but have a trademark next time. make it big
If you do that, they won't steal it
@@1Phire i know but i’m mad ab it tbh
@@1Phire If they have proper documentation that it was for personal use only, I think that would be an easy win.
He literally could have just taken the NFT out of the equation and just sold the art with the 30 minute conversation as its own thing.
exactly, celebrities have been doing cameo commissions for a while now, idk why he didn't just do those
But would charlie have talked about it then? Doubt it. NFTs are anti-hyped atm which is at least some form of hype.
@@flinkstiff Why would Charlie talking about it be the end-all-be-all for these people?
Hype is the thing that keeps any form of crypto blockchain anything going. Hype is literally the currency. Without the hype it's 30 60 year old widows bidding on a painting or prints for a couple hundred maybe, with hype you got millionaire crypto bros trying to cash in on meme hype probably with a portion of all future sales having a cut go to the person who started it, just hoping they're not the last holding the hype bucket before it's empty. Gold is 1,824 an ounce, a single Bitcoin is worth 42,000-47,000 hype is literally worth more than gold.
@@5h4d0w5l1f3 Oh I see you're just saying Charlie isn't the only person that could hype this up. True, but I think the rest of my statement still stands with the rest of the thread even if it doesn't directly correlate to your statement. So don't mind me not fully deleting it just in case someone wants to chime in. I'll probably edit out your @ name tho. My bad.
It was totally worth having my artwork stolen and minted multiple times and the planet being on fire if it means I can get some sweet sweet non-fungible Richards.
sorry about your art man :(
I don't know what's worse: Them stealing and minting your art multiple times or the fact that your replies are like 60% bots
@@ange4154 more like 70% rn, I fucking hate bots, I don't understand why it's so hard for RUclips to get rid of them, they all follow a pattern, once they put that into an algorithm to search throughout yt, there'll be a massive culling.
@@FreakyHimmel not only do we both not understand the bots but like...
Porn bots? Shitpost bots? Hate-speech bots?
What has happened to this website? Why charlie??
Do you know how much electricity the banks use? Way more, and that's not just because "everyone" has a bank. Also banks invest in crap like oil and coal.
Ethereum only uses a fraction of the energy consumption and that energy consumption doesn't scale with the amount of users one bit. Plus Ethereum will go proof of stake cutting that energy consumption even more.
Either way the use cases of NFTs are mostly being used for crappy png/jpegs when it could be used for far better things.
I like how cartoonishly evil NFT creators are
Theyre like the villain in the lorax except with jpegs instead of air
I spat my drink everywhere. Thank you
I can literally draw a picture of a toilet filled with shit and sell it for $200k and
some dude will buy it if I label it as an NFT.
Mr. O'funge
That's actually a good description holy shit😂
@@ArsonPeaPlayz Audrey: I could get your image for free, it’s called screenshoting
O’funge: She’s making that up, that’s a made up word
I was terrified Charlie was gonna shill NFTs, I should’ve had more faith
@KINAN ratio
Eventually he'll be using NFT technology the same way we're all using social media now. The initial backlash will die off and be forgotten.
@@peacemaster8117 We!?
@@peacemaster8117 it’s a more expensive way of recording ownership or membership than any means we have now. Another pipe dream nft Peddlers sell is that games will use them for Items similarly to steams market place. Again, nfts are a more expensive and resource demanding method of doing a marketplace like that and the companies gain literally nothing from it. They’d lose money since players could trade for items amongst eachother instead of needing to pay the developers. There isn’t a single use case for nfts that benefits businesses.
And that’s not mentioning that if nfts are used for proof ownership of real world assets or anything really, they’d need to be upheld by a court of law, completely destroying anything that crypto tech stood for
@@peacemaster8117 *you
my problem with NFTs is that theyre just an extra expensive reciept of digital purchase. if they actually did something to protect the owner from theft, and if they came with a system for personal vs commercial liscensing built in, theyd have huge potential for the art world. but they dont.
Not only are they extra expensive receipts but NFT transactions require a shit ton of energy and are awful for the environment
@@JustJeb1617 ethereum in its current state is PoW consensus and is quite energy expensive, howevere when ETH 2.0 releases this year that energy will be cut down 99% over night
@@aw7614 vitalik buterin knows what he's doing, I don't own NFTs but I have nothing against them. ETH 2.0 is gonna be a big game changer. I don't have ETH but I do have other erc-20 tokens and I can't wait for ETH 2.0 lol
@@aw7614 Hey man, you interested in buying a bridge? Just figured I'd ask, because I have this really good deal on one!
Exactly what I was thinking about... they have potential to be huge but right now they're a joke
All the artists I follow love having their artwork stolen and turned into quarter-assed NFTs! It warms their hearts to see other people trying to profit off of their work without so much as a thank you. Seeing hours and hours of their hard work and passion being used by some leech just means the world to them, you know?
is this a joke or do they actually feel that way
@@animeguy6752 it’s sarcastic haha
Deviantart?
@@ieilaf ooh, yeah I felt it might be a joke but people like that exist
I bet they especially love being told that NFTs "helps the artists profit off their work"
As far as I know NFTs do two things:
-Rob idiots of their money through the power of pseudo crypto
-Allow millionaires and billionaires to launder money or dodge taxes
ruclips.net/video/66v5NZzgquI/видео.html ...nww
they'll buy the nft to resell it for a higher price when the value rises
Im neither of the parties but have made some good money, guess I'm a unicorn.
Plus are bad for the environment.
@@JRileyD If you made money through NFTs, you still robbed idiots of their money
Charlie is the only person alive able to funge an NFT.
ruclips.net/video/66v5NZzgquI/видео.html ... qm
What are NFTs? Non Flat Tiddies?
@UCoghe9VjFf6cQj-rYG4rPiw mate you look old enough to get a job
@@Celty.Sturluson Nom fungible tokens, whatever that's supposed to mean.
@@homosexualgayming9706 they are tokens that are supposed to be uncopyable, the only problem is that no one is stopping you from right click + copy
this also happened to another recently deceased artist, Qinniart's artwork was stolen as an NFT and brought to light by her sibling. its so messed up and the lowest low invented by nftbros
great artists steal tho
@@h00db01i No, great artists make their own stuff. A talented person does not need to steal.
@@Nutmeg- there is nothing that you can make that is your own, you can be ignorant of your own plagiarism but that's what it is. learn to be humble, also the quote is by Picasso so you can take his word for it
@@h00db01i
Something being a quote doesn't mean it's 100% true. It's a quote. People can be wrong.
Artists don't steal, they create. Otherwise they'd be called thieves.
@@ki-kodevorne7318 _art thieves_
Whats upsetting is NFT's were meant to be a way for digital artists to sell their art in a safe way
A way that didnt let anyone cheat them out.
But instead of it being like real art where time and effort is considered in the price, NTF's just became a way to sell shit for high prices.
Its rediculous how making an NFT is so easy and yet can be sold for alot.
Once again leaving actual art to suffer
My brother told me about NFT’s a year ago encouraging me to get my art out there. I never followed through with it but one sudden day it became a meme and something a lot of people were hating on. No idea what had happened. I appreciate how simply this was written ^___^
Yea.. I'm an artist I don't get much when I open commissions. I heard when nfts came out it was supposed to be that. I'm so glad I didn't join it then if it was gonna become what it is now..
As an artist myself I believe there is great potential in NFTs. The issue is the insane amount of copied, no effort garbage that’s put into the marketplace for high value and gets popular due to the price and the individual selling it. You don’t even need any talent whatsoever in order to profit. Just a large following and collectors who will buy anything that person offers. Honestly If I were to sell NFTs they would be individually unique and visually appealing.
@@zepharasite Same here Zep, Im a blender user and the concept of NFT's sounded so cool when they first occured. I was cheering on my favourite artists as they released what they made. Now its hard to watch them do it, knowing that it will be percieved as garbage.
@@Thesuitwearsyou Except instead of spending thousands of dollars, people can just commission someone and the money goes to them; not to mention how NFTs actually go against/harm artist since most of the time they get their art stolen.
Hell, even people in the NFT community ate stealing from each other, going AGAISNT the very definition of NFTs on how safe they are.
I want to be a graphic designer and people keep telling me “hey you should design NFTs it’s so huge right now” and I’m just sad that this is the future of the industry.
@@glue69 YES and making nfts is embarrassing anyways..
I work as a graphic designer and and the topic NFT has never been mentioned in my office. So don't worry too much about it.
Future of the industry lol give it few weeks. People are already turning away from it online so just wait until offline People hear of this, prices start to drop all across the board as more buyers turn suspicious and start selling all of their NFTs at prices with barely any gain or even at the same prixe they got it for just to get rid of them on time and everyone will start panic selling. It will fall on its face same way Bitcoin did few years ago during that bubble; of course bitcoin recovered to a point because it makes fucking sense as a virtual currency at least, NFTs hsve no value, its literally online speculative market where everyone's praying they wont be the sucker last owner who will be stuck with them when shit hits the fan(besides some reddit momos who actually believe this is future of investing).Which means it will never recover after the bubble bursts because once media will report on how stupid it was no normal person will get near them and only People willing to buy rhem will be redditors with their budget of a part time dog walker.
It's okay, the bubble will burst eventually, it's not going to be the future in the long term.
don't worry, it wasn't
Obscene amounts of money for stupid things always turns my money laundering alarm on. This seems like the perfect setup for it, wouldn’t be surprised if these had strict regulations in a matter of months.
You can just money launder way easier with crypto lol no need for NFTs
@@ballsdeep9400 the point is you can mint an NFT for fuck all and then wash millions by purchasing the NFT and making that cash your "legitimate" income. You can't do that with crypto. Well I mean you could buy $20 of crypto and sell it to yourself for millions I guess but it's going to raise a lot more flags.
It's part money laundering, part scamming people out of money by artificially inflating the perceived value of inherently worthless items. It only takes a few rich people buying stuff from each other (or from themselves) at ridiculous prices to trick greedy investors into thinking said stuff is highly valuable.
Yeah I’ve always felt like this was just regular art money laundering but for crypto bros lol
@@spazmagoog And then a million suckers to buy into the fantasy that you've created, and become an army of shills and fall guys, to shield your operations.
I love how Charlie has no filler bullshit in his videos - no intro, no sponsors, just goes right into it. Also no outro- no “please subscribe/follow/etc” moments, just “see ya” and the video ends.
To me that’s respecting his viewer’s intelligence and time. I think it’s Because he knows that if he makes good content, people will watch and follow. If he doesn’t, they won’t.
Charlie does have some sponsors sometimes. But there isn't really anything wrong with having sponsors.
Tbf sponsors are not a bullshit moment, they're usually a large chunk of an youtuber's livelihood. Other than that, 100% agreed. Even his description is not the corporate "here's my twitter/discord channel/patreon/etc", it's the simple organic description he's been doing for ages
sponsors aint bullshit brother
he does link his twitch though, i dont hate charlie, infact im prime subbed to charlie, but he does link his twitch every other video
@@chillmanmax775 Yeah, he started linking his Twitch in a non-chalant way every so often. Not really comparable to the rather formal and robotic listing youtubers usually do
“Stan Lee came back from the dead just to get ratio’d on twitter” thats the most 2021 thing of 2022 i have ever heard
@YeaMan who even are you
@YeaMan I got heat on this ratio + job
i feel bad for artists that are actually working hard for their art, a lot of people misused NFT and harmed them in the process
@Instagram User your mom
I don't feel bad for them if they got involved with NFTs. It's unbelievably bad for the environment and offers nothing that you can't get from selling your art on already existing sites.
who works hard on nfts lmfao
Commission is way more beneficial to artists, fuck nfts
@@gnack420 we literally do shit everyday that's incredibly bad for the environment lol
4:19 “You get more with a Richard than you do with hundreds of thousands of dollars worth of Bored Apes.”
I would love for a time traveller to go back in time 100 years and try to explain what this sentence means.
Fugg, even 20 years and people would think you're taking a Cyberpunk roleplay too seriously.
I like how only one of these comments isn't a bot
I think that would be one of Satan’s punishments in hell tbh
I'm an artist and NFT's are (one of) the reasons why I'm afraid of posting art anymore. Art theft is already a problem; a 16 year old got his art stolen on Twitter by a scummy discord racist person, and was accused OF BEING THE THIEF, and got his account deleted. NFT's multiply this problem.
That makes no sense, you can just create NFTs of your own art and that protects you from having it stolen?
@@SpaghettiToaster Artists who want to profit of their art shouldn't have to resort to NFT'S. Just like they shouldn't have to deal with art plagiarizing and thieves. NFT'S and art commissions are two very different things.
@@llechium That is true but to say that NFTs decrease your ability to prevent your art from being stolen makes no sense. In reslity, nfts are a very powerful tool to make it easier for you to claim your ownership rights.
Tbh art stealing is something that has always happened from the first day digital art was introduced
@@PDD555 true
I absolutely love NFTs, they changed my life and got me and my family the needs and support it needs, my money laundering business has never done better,
You had me in the first half I’m not gonna lie. I hereby award you the Imperial Medal for Comedic Timing. - A message from His Imperial and Royal Majesty, Kaiser Wilhelm der Große.
This, but without the second half.
Loool you’re the guy who scammed on cyberyetis
@@redkushpurplehaze what
*"Ya Fackin' Pussy"*
Imagine getting immortalized as being a face of some nft. Now that's uncanny to imagine
ruclips.net/video/FGbinOoBiSI/видео.html
@@nsrez2687 LOL
Uncanny X-Men?
"Uncanny"
immortalized as a jpg.
Celebrity's being paid millions to own a hyperlink is about the most dystopian shit ever. i can't for it to all end
You cant for it to all end, I'm going to fill in the blank with the word shid
NOWS YOUR CHANCE TO BE A BIG SHOT!!!!!
When the title said
"I was wrong about NFTs"
I fully expected charlie to have powdered sugar wiped across his face telling us about the values of a fly by night scam
Yeah, was nearly disappointed in our moist boy
What's funny is that the backlash was strong enough that he backtracked on the NFTs only 50 minutes before this video was posted lmao.
These bots suck ass, they ruin what could be actual discussions of some sort
@@spiro_kontos exactly
@@spiro_kontos meh aint it best to ignore them?
@@spiro_kontos Don't just complain with no goal, report them and tell others to report
@@Conkel No, it's best to just report
Honestly, I can agree with Moist on this one, if NFT's gave you once in a lifetime experiences, rather than just a shitty piece of copy and pasted art, than yeah, they would offer a memorable experience and that image would show that you got to experience that. Almost like how people collect every ticket from live shows they attend or ball games with signatures and stuff. I still think NFTs are shitty ways to try and make a buck for fake artists when real artists charge sooooooo much less for actual customized art or characters that, if you get into it, can be like an NFT in that you can trade or sell them for money, depending on how much all the art for that character is worth
@@Thesuitwearsyou People in the NFT community are stealing from each other, going against the definition of an NFT and what "makes it great", so yeah, lol.
@@Thesuitwearsyou “artists”
An NFT is a token in a database, it doesn't "give you" anything by default. Getting mad at NFTs as a whole is like getting mad at all uses of email, or spreadsheets. It's totally ridiculous.
"real artists charge sooooooo much less for actual customized art"
Most NFTs cost far, far, far less than a commission dude, trust me.
@@peacemaster8117 I didn't know emails were destroying the environment.
Honestly it’s like people who vehemently defend NFTs haven’t heard of adoptables or whatnot. They’re more common in the furry community, but some artists will also do adoptables for fantasy and sci-fi characters too. Not only that, but adoptables are waaaaaay cheaper than NFTs. Some can get extremely pricy but at least the focus is still on the artwork. I have yet to see someone into NFTs talk about the art side of them, they only ever talk about the business/money-making side of it.
Edit: An adoptable is a character design an artist will sell for either a nonnegotiable price or through bidding, sometimes the adoptable will come with a name and basic background, but the new owner is free to change these as needed
I love how whenever he shows tweets it has the wide effect. It is absolutely perfect.
ruclips.net/video/uAWTv9x-HXU/видео.html This One For People In Pain 😪
I’m sure these scams are fun for whoever is running them but it’s really depressing to see how many people not only fall for them but get excited about them.
One day you'll understand nfts
NFTs aren't scams. They're used for dumb reason though but they have potential in the gaming industry and other use cases in the future.
@@RealitaetsverweigererDerAmpel Right now is the time to learn about nfts, find a good project with a long term vision.
@@Smokeypot no thanks, i stick to crypto currencies. I wait until NFTs are actually useful.
@@Smokeypot If you can explain how there are more pros over cons of nfts, then you can gloat about how "good" they are.
But Charlie’s never wrong!
Congrats to everyone who found this reply..
@Slicky ratio
@Instagram User ratio
Holy shit. I never go into the comments anymore. Are the bots normally this bad?
@REPLY IF UR A PERSON OF WORTH IN MODERN SOCIETY impressive bait , too bad it’s cringe
NFTs are a perfect example of what’s wrong with this world
Exactly
N qruclips.net/video/66v5NZzgquI/видео.html ...
How? No one can ever actually answer this.
why
explain how
I thought nothing could change my view on NFTs, how wrong I was. Home Improvement got my entire life savings when it first aired 3,000 years ago on the fucking caveman walls, looks like it's time to waste it all again.
ruclips.net/video/66v5NZzgquI/видео.html ... kw
As the only human in the reply section, I've gotta say this comment made me chuckle
@@cloudysensation8406 I love you
Looks like Richard backed out. Good on him
Albert Einstein: "If it has no use, its worthless."
NFTs: Hold my beer
I wish Charlie would hug me with his arms as hard as he hoards his NFT’s
LMAO?
?
Thats gay
@@deathhimself7140 hurr durr
hi
I’m surprised no one’s considered talking about William Shatner having NFTs. The man is 90 years old, I get that he’s not really looking forward to the future of the environment but that doesn’t explain how someone managed to convince a 90 year old to use their likeness in an NFT, that’s like resurrecting Hammurabi and convincing him to give you permission to use his likeness for a gas station!
probably saw it as easy money
Unfortunately, pending on their support circle, it's not very difficult to convince a 90 year to do or give something.
0% chance Shatner even knows what an NFT is and just signed off on putting his face to something for money
@@SardonicCrows I'm not even sure it's THAT simple. Shatner has always been a proponent of future tech and whatnot, often getting involved in sci-fi-esquee trends because it interests him. I'm betting he was told NFT's were some great thing that everybody loves and he thinks he's getting involved in 'the technology of the future' or some shit.
Damn, Hammurabi as the mascot of a gas station sounds like a better fate than being in an nft
Tbh the people from Marvel still running Stan Lee’s account to promote stuff, even before NFTs, bothered me. It makes me sad they can’t just memorialize it and promote stuff through other channels.
Eh I get what you're saying but on the other hand I don't feel like Stan Lee would mind the other stuff, he loved Marvel obviously, and even the MCU. He would probably be happy in the knowledge that he's still a promoter for them even after death. But the NFT stuff is really fucked. Using a dead man to promote scams is despicable.
@@gnack420 And is not Marvel
Its his "personal" marketing team
Why? He sold his entire soul to China...only right that people use the China patsies to make American dollars. I wouldn't spit on that clown if he was on fire
@@JonnyQuest64 muh chiyeena
the industry gives a shit about artists IF the artists sell the rights. which is legally correct ofc. see the writer of the novel Fight Club is based on recently crying about the film not staying true to his book. tbh the story is edgy crap to begin with so what to expect .)
Imagine someone bought an NFT to have Richard be on a home improvement show collab.
I may not yet fully understand how NFT’s work, but I do know that using Stan Lee’s account to promote them something that no human should ever do
all you need to know, in one sentence: "see the link to that jpg? you can own a thing that says you own that link"
@@burp2019 even better: a scheme to scam rich people
@@burp2019 what if it's audio?
🖕 Stan "china's bxxxx" Lee and all of Marvel/Disney
@@charliefox9424 then you own a link to the audio nfts dont actually give you any copyright or commercial control over the thing you bought so you cant even use them like at all in any commercial way so its kinda just throwing money down the drain
So he's selling his time. That actually really wholesome, I love that.
ruclips.net/video/uAWTv9x-HXU/видео.html
That’s literally what a job is
that's why prostitution is considered the oldest business, it's also the only business
after all, everything is a waste of time in life, all you have to do is waste it correctly.
Charlie needs to make his own NFT collection that’s just 10,000 pictures of the same white T-shirt
ruclips.net/video/66v5NZzgquI/видео.html ...nmql
No
Each NFT should be a different white shirt. He takes a pic of each one before he throws it away.
I would buy your entire stock
Not the same white T-shirt but slightly darker shades so slight that it is barely noticeable
The fact that celebrities are so fast to promote these and make money from them should be all the signal we need to know that it's all a big scam.
NFT’s will make you rich, at the cost of making you look like an ass
Facts
ruclips.net/video/66v5NZzgquI/видео.html ...bqj
Congrats to everyone who found this reply..
U know how rare it is to get rich off nfts?
@Red 🧢 you have no content
I'm also wrong about NFT's. I made a severe and continuous lapse in my judgement, and I don’t expect to be forgiven. I’m simply here to apologize. There's a lot of things I should have done differently but I didn't. And for that, from the bottom of my heart, I am sorry. I want to apologize to the internet. I want to apologize to anyone who has seen the video. Like I said I made a huge mistake. I don’t expect to be forgiven, I’m just here to apologize. I'm ashamed of myself. I’m disappointed in myself. And I promise to be better. I will be better. Thank you.
anime pfp, you were always wrong
you could've added some ellipses but good apology overall 8/10
you are a Genshin Impact player. so your opinion is invalid and will always be invalid.
@@kkkgaming4601 And you're a white supremacist, which means your opinion is worth less the the gum stuck to my shoe.
@@kkkgaming4601 homie if you are going to make that joke then i would suggest changing the pfp at the very least
If announcing NFT’s are enough to get the official dictionary Twitter account to slam you, then you know you’re making a very poor decision
Congrats to everyone who found this reply..
Why tho
@YeaMan
Sure you are, can't even spell page right bozo.
@@Parcily
Seems like it lmao
What's wrong with it tho
I thought this was about those disgusting and disrespectful Etika NFTs
It was pretty interesting watching as NFTs went from essentially a way for a few famous artists to sell the digital ownership of their work to buyers to the weirdest pump and dump schemes i've ever seen. There was one guy who was selling an NFT that gave the buyer access to his pacemaker and I thought to myself "wow that's a really stupid and dangerous gimmick" but compared to a ton of the dumb shit I see nowadays it seems like a great value by comparison. I get the power of life and death over a weird crippled guy that's awesome!
holy shit is that real
what the fuck is that even legal? pretty sure if they tampered with the pacemaker, even if he bought it, that would still be murder
@@UnholyEquinox yeah, there was also a guy who allegedly had some weird cyborg eyes and if you bought his NFT you could fuck with his senses whenever you wanted. Probably bullshit but that's what the verified NFT instagram page promoted it as. It's interesting because the beginning of the NFT craze seemed so innocuous. Like Crypto punks were originally just a thing you could get for free if you had an ethereum wallet and most adopters of NFTs were just using it as another way to sell their art. Lushsux sells his graffiti art as NFTs and has been for a year or two at least and beeple has been doing daily digital art for over a decade I think and he just started selling the daily art he was already making as NFTs and then it ballooned from there. At least that's my understanding of the early stages.
@@shintopriestesskikyou5674 I don't know if it's legal to do that to him it probably isn't but the dude was selling access to his pacemaker and apparently you could stop his heart. Again this was what the verified NFT instagram promoted it as.
@@shintopriestesskikyou5674 Sounds like a load of horseshit. Why are people so quick to believe whatever they hear?
Richard Karn's latest Twitter post: "I’ve thought long and hard about NFT’s and I’ve decided it’s not something I need to do🙏💕"
Look at these foo's. Imagine raging on a bot lmao.
@@CHARLIE-MF-BROWN ikr. the fools who think they are warriors doing good
@@calamatuz Bless their poor souls.
@K I N G T I G E R average reddit user
responding to a bot, like he will answer you
I'll give them credit, I thought my drawings made me drown my eyes in bleach, and then I saw the nft monkey art
Thanks NFTs, I feel better about my art now :3
He actually did the right thing and pulled out. Richard Karn is a true role model.
It takes a real man to admit when he’s wrong.
ruclips.net/video/66v5NZzgquI/видео.html ... ak
I like how you’ve got like 5 bot accounts commenting
I'm sorry you are getting absolutely swarmed with bots my man.
@@ScienAnimation thanks. This is what happens when you’re an early commentator.
@@theblueincineroar6905 is it weird that it’s a little embarrassing
No lie, my parents dressed me up as Al Borland when I was 7 for Halloween. The adults loved it when they saw me. True story. I also live in Tampa, so Charlie if you ever host a Home Improvement cos play event, I’ll gladly reprise my role
you gotta appreciate charlie’s descriptions, he comes up with something each time, i haven’t seen the same thing twice
NFT’s are basically like if I had a baseball signed by Jackie Robinson, took a picture of the ball, and instead of putting the signed baseball up for auction, I put up the picture I took up for auction and I actually got some rich brainlet to spend millions of dollars for a picture I took with my iPhone.
Charlie, you need to buy *tag team* and then put Richard in a *Moby Huge* charity comp stream.
Unpopular opinion: NFT value is based upon the "Greater Fool Theory". You were a fool for buying an NFT, but the person who buys it from you at a higher price is the greater fool. China's housing market is based on this premise, and it too will eventually collapse if it hasn't started already
Pretty sure that is a popular opinion here!
Not onloy that but it started as a way for ultra-richies to launder their money...The Greater fools just rallied behind the fantasy the rich fucks created.... Know what they say, "There's a sucker born every minute." So now the army of a million suckers are obfuscating the ultra-rich money launderers, and governments are too swamped with other sociao-economic crap, and political jostling it'll be years if not decades before we see any solid NFT regulation....
Yeah it's called a pyramid scheme that is what they all are. You buy a pet rock in bitcoin.
@@dennisthemenace567 Not even that, you pay for the *bragging rights* for the reciepts saying you own a pet rock.
I mean, those who are able to sell it for more than what they bought it for gets in profit.
but I think I first need to know what makes them a "fool", because I associate that word with dumb
My take has always been that NFTs are stupid but they make lots of money. No one who defends them truly doesn't think they're stupid, they just want to keep their insane ROI going.
NFTs have so much more real world utility than just being shitty JPEGs. For instance, student IDs in many countries in Africa are NFTs on the Cardano blockchain.
@@ArchangleTyrel2 ok, but I didn’t ask
@@ArchangleTyrel2 alright, that's a good thing. But for the love of god is there a way to make a Blockchain consume less power??
I don't own any NFTs or sell any, but I will defend them. The selling of pictures is just a proof of concept, it's not the endgame for this technology. The point is you can have a piece of information that is verifiable and unique without being at the mercy of some organization. For instance, imagine a company offering shares in the form of NFT's. You can prove your ownership in that company, collect dividends, and trade your shares in the blockchain without having to rely on a broker that may or may not treat your shares fairly.
@@ArchangleTyrel2 but even in that example NFTs aren't providing any benefit. You can have a perfectly functional identification card system without NFTs.
"Parading Stan Lee's corpse around and using it like a fleshlight to fuck it with NFTs."
This is the type of poetry I'm subbed to Charlie for.
Man Richard coming in with the wholesome NFTs. Maybe 2022 is onto something.
New variant just dropped
That's how NFT's are supposed to be used, more or less. They aren't supposed to just be cartoon monkeys, the intention was they'd be affixed to some good or service and serve as a receipt or similar. Think of like an Xbox gold pass thing (you get games and stuff from a provider), but in NFT form, so you can pass the gold pass thing along to other people and easily and legally. It's not a bad idea.
The problem is some people saw easy money and started just abusing the shit out of it. I've always said that's a universal crypto problem, that while lack of regulation SOUNDS like a good idea, most of the regulation is there for a reason.
**Tim Allen Noises intensifies**
Penguin is trash, My content is better!
_"OH OH OH OH... EH EH EH EH..."_
AEUHHH???
I love the fact there’s some people out there who got hyped at the title of this video only to actually watch it.
What Charlie failed to mention was that Richard almost immediately did an about-face and cancelled his NFT plans after "thinking about it", with the original announcement tweet having since been deleted - so, nobody's going to be getting any Richards any time soon.
I thought Charlie was gonna say “I was wrong about NFTs, and that’s why I’m bringing you the new MOIST NFT COLLECTION!” 😂
@Jiham Mabya am under ag
To be honest I was wanting to ask him if he was threatened with a lawsuit just for saying nfts are crap (which is the truth). Because they are crap. I'm telling you whoever is abusing Stan Lee's Twitter account for this crap alone should be put in jail I don't care if it might not be a crime at all they need to learn that you can't just go abusing someone's twitter account just because they're not able to use it anymore.
he took down a video of a woman faking did bc her daughter tweeted him. charlie isnt immune to that shit
Congrats to everyone who found this reply.
and the bot spam begins
I mean as Stan Lee's estate holders it is their account now.
probably his daughter. she is evil
Well said. Someone needs to put an end to this NFT madness. I was around when Home Improvement was a big TV show but I had completely forgotten about the character Al Boreland. I literally won't be looking out for this junk.
ruclips.net/video/uAWTv9x-HXU/видео.html This One For People In Pain 😪
is not something u can stop lol. u basically saying we ned to end consumerism.
If only all ponzi schemes were as hated as NFTs.
I know some people have a hard time understanding it and think you are just buying a jpg but you're actually buying "exclusive ownership". You cannot copy, duplicate or link an NFT, you either own it or you don't. So it SOUNDS super appealing for collectors / investors. Because they think "since there's only 1 of this NFT in the world it's by definition ultra rare and potentially worth millions" .
But I can easily deflate this absurd theory with an example that any moron can understand: I took a poop earlier and there is no other poop like it. It had a very unique shape, like no other poop in the universe. That in itself doesn't make it worth something... Unless you find someone who really enjoys eating shit.
And that's basically the world of NFTs. It's literal poop that you buy hoping to sell to scatophiles. But why buy poop when you can literally make your own poop? So then everyone starts making their own NFT and NFT market poops itself.
It's just some pet rock level stuff that rides on being trendy and cool in the hopes of being a viable product. Richer investors and hipsters are chomping at the bit now, but with the controversy surrounding it and how quickly people have come to hate NFTs my estimate is that the fad will die out by the end of this year, if that
No one has a hard time understanding it lol nft ppl just like to be pretentious and think theyre smart. I will agree though that the current state of NFTs is literally selling to scatophiles. If people learned how to properly use it then maybe it would actually be reputable but as it stands the whole thing is just stupid
This reminds me of that Clarence episode. The Clarence dollars
It's even worse than that. Buying the NFT for a digital poop doesn't actually confer any real ownership rights over the poop, nor does it make that poop unique or special. The token itself is non-fungible, but the file it links to is still as fungible as ever. Buying a poop NFT just gets you a hyperlink to the poop on a host website or someone's google drive, which may or may not still be there later. But anyone who wants can right click that poop, save it to their hard drive, spread millions of copies of it all over the internet, even make more NFT's of it to try to sell to gullible idiots.
@@waterbottles393 So its pet rock if it were made by Supreme.
Jesus is going to come back down to Earth just to announce his own NFT collection at this rate.
That would be legendary
Stan Lee coming back to release an NFT was a fitting end to 2021
imagining charlie holding a pile of pictures going "MY PRECIOUSSSSSS" is one of the most cursed things i've thought of
"The Machine Stops" is a science fiction short story (12,300 words) by E. M. Forster. After initial publication in The Oxford and Cambridge Review (November 1909), the story was republished in Forster's The Eternal Moment and Other Stories in 1928. After being voted one of the best novellas up to 1965, it was included that same year in the populist anthology Modern Short Stories.[1] In 1973 it was also included in The Science Fiction Hall of Fame, Volume Two.
The story, set in a world where humanity lives underground and relies on a giant machine to provide its needs, predicted technologies similar to instant messaging and the Internet.
This is single-handedly one of the greatest things I have ever seen. Charlie's brain is eons ahead of our own.
I do hate NFTs but I've learned recently that making all these videos hating on them kinda promotes them even more. For every hundred sane people that avoid them after watching a video, there's gonna be one person who buys them because they were talked about.
Taking screenshots is a way to get the art for free, completely ruining the "worth" of the image, but people don't seem as upset about screenshots as people think they are. It's because it's free publicity, even if it's bad.
We're hating NFTs into becoming a thing. :/
ive seen so many trending tweets against nfts, u r 100% correct! its all promo
screenshoting nft is basically the same as printing money, you get the thing just without the worth
If you're scrolling through this make sure not to click on any links or profiles with inappropriate images/names, even if they have a good comment. There's a new bot that steals real comments and pastes them on fake accounts.
I know it's pretty obvious, but I see a bunch of people replying to the bots and I know some people honestly believe they're real for some reason.
@@luqqsssssss but printing money is illegal though
@@youwantmyname9208 Strange you mention that, art theft is supposed to be illegal as well. As funny and morally correct as this trend is, it's weird that no one has been reprimanded for it... (As in, legally charged, not berated.)
After hearing about Richard Karn NFTs, has me hating NFTs changed?
"I don't think so, Tim."
NFTs are the newest example in a long line of why I am disappointed in the human race.
Same same. Just can't catch a break.
If you read about the technology you'd probably find them quite exciting. What's disappointing is the typical uninformed twitter backlash from people who only understand the world through memes and soundbites.
@@peacemaster8117 pretty sure it was you who I responded to, breaking some of the fucking wishful thinking mental conditioning Gary v has done about the future of nfts lmao.
Capitalism
The fact that it makes even less sense than MLMs is astounding
Having Richard Karn’s NFTs drop is the best start to this new year anyone could have hoped for.
The first time I heard about Nfts, I thought it was a abbreviation for bad, boring and unindividual art. I literally thought it was straght up an insult.
Charlie: 0:00 - 0:22
Me: Sooo...youre saying i could make some special frenemies just by holding out virtual dog sh*t on social media?
That sounds rather tempting 😂
Sounds more like paying to hang out with Richard than getting an NFT.
You're buying your very own richard karn clone
weirdly enough, I think Ringo Starr's MSPaint art would fit an NFT p well
Honestly very scummy thing of Marvle to do, pretend like a dead person is alive and promoting your NFT's with it, disgusting and unforgivable behaviour tbh.
ruclips.net/video/66v5NZzgquI/видео.html ... w
What the shit is the reply section
"marvle"
That reveal was incredible and the ever so slight raise in Charlie's voice was amazing!
i'm just waiting on the day for pepes to become NFTs. There's already so many variants of them so some random gremlin is gonna come around and monetize them.
They have been a thing for a while: en.wikipedia.org/wiki/Rare_Pepe
Original collection was sold on ebay in 2015 and now these are considered some of the most valuable NFTs in existence.
How does every brand or corporation simultaneously think that nfts are a good idea?
Free easy money
Because of the money
because despite the outcry its 'worth it' because there's hundreds of thousands of these ppl who will drop 100's of dollars on a hyperlink. also i think a lot of them have already signed contracts and aren't expecting the occasional insane backlash (ie discord, neopets)
Every time you see corporations collectively try something new you can be sure it's because they think it's the lowest effort way to get more money fast
They don't think about it, its just getting in the trash hypetrain. Their neurons are activated just with the word "Money" and a new way to get more of it
My dad made the cabinets for home improvement. That is all he told me. He went to vocational high school for carpentry. Made cabinets for the set as a 20 something. Never met any of the crew.
Edit: I forgot it wasn't home improvement. It was This Old House. Same difference.
In the multiverse, Charlie is currently shilling 250 different types of Penguin NFTs
This man has the power to turn a 1 minute Lego video into a 6 minute long video
Bots
Congrats to everyone who found this reply..
And he has power to summons all these comment bots, just in case anyone need them
Charlie's gotta have more apology videos than anyone else
ruclips.net/video/66v5NZzgquI/видео.html ... qm
Sandwich profile
Ok Charlie i see you working out 1:07
Richard about to change the entire NFT game with taking people out to golf
NFT's are very distressing. Limiting the production of something that can be produced infinitely is already a scam. The slow rugs, insta-rugs, manipulation scams...all of these things are just a derivative of an already totally corrupt concept.
wow and i thought 5G conspiracies theorists where embarrassing enough you guys are even more clowns
yea im talking about you
I happen to own the most expensive NFT ever produced and sold. And the third most expensive NFT ever produced and sold. One is a white square, the other is a black square. I paid less than a penny for both of them combined, and currently get offers of $70 million for the white square and $18 million for the black square. However people don’t want to pay cash or legitimate currency. They want to trade NFT’s for my NFT. Meaning that both of mine, and the ones that people that want to trade, are worthless. Just as every NFT is. Non of them are worth anything. Most are randomly generated, meaning no time or effort went into creating them. One single Runescape gp is more valuable than any NFT. When you see people “selling” their NFT for thousands or millions of dollars, it is a lie. The most expensive NFT’s ever “sold”, were not actually sold. They were traded for other non-fungible‘s that are worthless… sure, you can buy NFT’s worth a cent or two and sell them for 25¢ or something. But anyone claiming to have made anything more than a couple dollars, is lying. No one is buying them at $1 million and selling them for $10 million. All of those stories are completely made up to make you believe that you are getting some thing that is actually valuable, when in reality you are just a gullible fool buying snake oil from a scammer with no morals… it is not the first time that a “non-fungible token” has been tried. Here is a quote directly from coin base “Cost
The current price is $0.00 per NFT. The new price represents a new all time high of $0.00.” They are worthless. You are essentially burning wealth by obtaining them. And even the markets used for trading them state that they have no value. All of the celebrities and Internet personalities that you see obtaining them payed nothing for them. It is a immoral formula that has been used by the wealthy over and over again to scam every day people out of their money. It is simply another “get rich quick scheme“ in which everyone except the scammer loses out. Cryptocurrency is another one. Do you actually think that the markets are “extremely volatile“? No they aren’t, they would act like any other market resembling the stock market. There is a reason that bitcoin goes from $60,000 a coin to $15,000 a coin every other month. Once enough regular people have bought in, and “invested“ their life savings into bitcoin, the wealth is pulled out by the top few, artificially crashing the price per coin, and over all market share. Then the cycle begins again, the price rises artificially, which is a ploy to get the average person to think “I really need to invest in this before it’s too late.” Those people invest, pouring their actual money into the nothingness that is a valueless cryptocurrency, raising the value and price per coin. And then the value is pulled out by the top few. If you believe in cryptocurrency, or NFT‘s, you are a moron. Oh you should invest an actual stuff, like real estate, a business, your own business, the stock market, collectibles, precious metals such as gold, platinum, palladium and silver, etc. There are more than enough legitimate ways to invest your money, and crypto and NFTs are not one of those ways.
You couldn't have said it any better! This comment should be pinned so more people will see it and understand why NFT's are beyond bullshit.
So cashing out those thousands of dollars worth of apes is not possible? I thought all these people were getting real currency out of this somehow. Just when you think you understand how this works...
@@09yulstube It is possible. In theory you could make money. However 99.9% of the time, this is not the case. They are estimated to be worth a certain amount, however, like most other investments, liquidating NFT’s can be a tedious endeavor… Would you pay $500,000 for a pixelated ape? Probably not, along with most other rational people. Therefore, right now, NFT’s are traded for other digital assets at a huge loss. It’s almost impossible to get actual money for an NFT.
100% agreed with you but I think actual currency is not that far off? Money isn’t based on gold anymore, it’s merely a social concept that we’ve all opted into. Numbers in my bank account actually mean nothing but have value because we choose to give it value. But at the very least stocks and collectibles and businesses are regulated and not completely combustible like crypto is
@@chaostears It’s true that money only has as much value as we give it, but the major difference is that currency is exchanged for tangible goods and services of inherent worth. Currency has no worth if that currency is not accepted as a fair trade for goods and services. For example, cash in USD is effectively worthless in China because it cannot be traded for other things in China. NFTs are similar to this situation; nowhere are they accepted as trade for goods and services, and they do not hold any sentimental or material value in-and-of themselves, therefore they are worthless. This worthlessness is even stated in their name; NFT-non-fungible token. Fungible-(of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable. It cannot be exchanged for anything except itself. It is not worth anything except itself.
I absolutely love Home Improvement. I'm not "very old" (32) but I watched that show for years and years growing up usually on TBS. It will always have a spot in me cold, dead heart.
32? You are old! Go watch All That and Dexters Laboratory, you boomer!
@@C9000-s8j I watch Dexter's laboratory sometimes, am I a boomer?
@@C9000-s8j I'm not Boomer old!! I take offense to that haha.
But yeah, I'd be lying if I said I didn't love shows like Dexter's Lab, Roko's Modern Life, Angry Beaver and many more.
Just found out Markiplier, Pewdipie, Dunkey, Jacksepticeye are all in their 30s the other day
@@jaylaChinese you old enough to remember AOL dial up?
We've got a "Borland Construction" here in town, but it predates Home Improvement. It always feels like I've stumbled upon a time paradox whenever I drive by.
NFTs got fucked over so hard by scammers
I was selling ACTUAL art that I put my heart and soul into at the beginning but as the scammers who take 2 seconds to make something compared to my 5 fucking days making something that actually looks nice it made it so that I couldn't sell any of it and it completely cut off my cash flow along with other talented artists.
Now I work at a fucking coffee shop and can only sell locally due to the fact that I refuse to get back into social media (because of past experiences) to get commissions!!!
THEY FUCKED SO MANY PEOPLE OVER!!!
Cry about it lmao
There have been huge sites for selling art across the internet for at least two decades. Use one of those instead of this scammy planet destroying nonsense.
There was nothing to fuck over, they were always a scam. An NFT doesn't include any artwork in itself and it doesn't confer any sort of legal ownership over the artwork, it merely links to the art stored online and verifies that someone was dumb enough to pay for something that anyone could get for free by right click saving it. If it's really just the artwork itself you want to sell and not the inherently worthless token attached to it, just take commissions and send your clients the png file like normal. And don't complain about not getting enough business because you refuse to market yourself on social media any more. That's a problem of your own creation and you could solve it any time you like.
Non fungible tokens
Grats for 1st
Wht x2
@smeebs ratio
Lucky you’re first
Funge on this D
I thought charlie was gonna talk about the guy on twitter who tweeted about being hacked and losing all his nfts. Then someone proceeds to reply "im so sorry, but please change your pfp since you dont own it anymore"
Wtf can I have the link please
Saw that
Almost choked on my water
lol
'You're poor now, please fuxx off' Great community spirit, really.
Richard allready cancelled the NFT drop