Molly White has a difficult read, one that I’m forced to agree with in spite of my vehemently anti-cryptocurrency position. Three representative paragraphs from her post: I … think that [cryptocurrency-based financial solutions] are enormously attractive to people who see them as a tangible option in a world where these problems are not being solved—where we … Read more
This is not a real anniversary but it’s worth commemorating, if only to remember the pseudo-events propping up the NFT business-culture. One month and one year ago, a cryptocurrency user named Metakovan purchased an NFT associated with a piece of art from its creator, a fellow named Beeple, in an auction at Christie’s. (Here’s a beginner’s … Read more
Cryptocurrencies have emerged as a way to fund art, and therefore supposedly support artists, using the Trojan horse of NFTs.
“I make use of the tools available to me. That doesn’t mean I have to applaud every advance in the field.”
NFTs freak me out. One of the ways in which my grandmother lost touch with her daughter – my mother – was my mother’s generation’s access to and use of computers, smartphones and the internet. And one of the ways in which my mother and father are out of touch with my generation is digitisation: … Read more
The Shycocan Corp. took out a full-page jacket ad in the Times of India on June 22 – the same day The Telegraph (UK) had a story about GBP 2,900 handbags by Gucci that exist only online, in some videogame. The Shycocan product’s science is questionable, at best, though its manufacturers have disagreed vehemently with this assessment. (Anusha Krishnan wrote a … Read more
If you want to find mistakes with something, you’ll be able to find them if you tried long enough. That doesn’t inherently make the thing worthless. The only exception I’ve encountered to this truism is the prevailing world-system – which is both fault-ridden and, by virtue of its great size and entrenchment, almost certainly unsalvageable. … Read more