“Usually when we hear or read something new, we just compare it to our own ideas. If it is the same, we accept it and say that it is correct. If it is not, we say it is incorrect. In either case, we learn nothing.” ~Thich Nhat Hanh

More ephemera

this is why the future, be it NFTs or Memoji or the howling existential horror of the Metaverse, looks so ugly and boring: it reflects the stunted inner lives of the finance and technology professionals who produced it. As the visual manifestation of cryptocurrency, NFT art combines the nuanced social awareness of computer programmers with the soulful whimsy of hedge fund managers. It is art for people whose imaginations have been absolutely captured by a new kind of money you can do on the computer.

It is also obviously a pyramid scheme, in which the need for a salable commodity is imperative and endlessly renewed, but the commodity itself does not matter because it is useless — not even useless the way all art is useless, because you can get the images and whatever grains of nourishment your hungry little soul might find in them for free, but useless the way a canceled stamp is useless, useless like a receipt or an envelope that has been torn open. NFTs are an occasion for commerce masquerading as art, just as so many ostensibly meaningful experiences of the 21st century turn out to be occasions to spend money masquerading as life.

That’s how they feel to me, anyway. Presumably there is someone out there right now — not [NFT hawker Sean] Lennon but one of this followers, someone who consistently refers to him as “Sean Ono Lennon, whose dad was John Lennon from the Beatles, one of the greatest bands of all time” at a speed 1.5 times faster than normal talking — who saw SkullxNFT and experienced it as some of the most beautiful and emotionally moving art in history, right up there with the Mona Lisa and Avengers: Endgame.

(Via Vice via The Overspill)

Selling a delusion

By connecting the term ‘metaverse’ with futuristic science fiction, venture capitalists and founders can take something that isn’t really that impressive and claim that it’s part of a new movement that, if it even exists, probably sucks. Web3 is the natural counterpart to this vacuous conversation because it is a direct way in which the capital going into these meaningless terms can seek liquidity under the auspices of giving people ‘value’, and letting them ‘own their data’. … It’s that simple: you are either being sold a dream so that someone else can profit before it comes true, or you’re being sold something that already exists as if it’s brand new. In any case, someone else is going to get rich as long as you conflate avaricious obsession with something also being valid.

(Via Ed Zitron via Dense Discovery)

Web3 is marketing bs. Cryptocurrencies (crypto = cryptography, on which cryptocurrencies rely for their very existence, as ephemeral as that existence is) are an agreed to delusion, and NFTs are pure snake oil. The metaverse is a solution looking for a problem. Facebook (a.k.a. “Meta”) might crack it as all they do now a-days is create problems. Yet they will fail.

Enjoy web3.