User:Adèle/afterwork drink

Ressources:

cryptoart.wtf. (2021). °~.·:·*✧ CryptoArt.wtf ✧*·:·.~°. [online] Available at: http://cryptoart.wtf/.

Dash, A. (2021). NFTs Weren’t Supposed to End Like This. [online] The Atlantic. Available at: https://www.theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488/.

Maruma, M. (2022). An Artist-centered NFT Platform? [online] Hyperallergic. Available at: https://hyperallergic.com/712094/an-artist-centered-nft-platform/?fbclid=IwAR3JO9VMLwjXI-cnPmOtqlANqRlmfTKU3r24NVPvGe50rtTyW42SPKzJq7o [Accessed 10 Mar. 2022].

pipkin (2021). “BUT THE ENVIRONMENTAL ISSUES WITH CRYPTOART WILL BE SOLVED SOON, RIGHT?” [online] Medium. Available at: https://everestpipkin.medium.com/but-the-environmental-issues-with-cryptoart-1128ef72e6a3.

Wikipedia. (2022). The purpose of a system is what it does. [online] Available at: https://en.wikipedia.org/wiki/The_purpose_of_a_system_is_what_it_does [Accessed 10 Mar. 2022].

"There are a lot of reasons you could point to to explain this value growth, including general adoption, the anonymity cryptocurrency allows in illegal purchases, and a robust scene of scammers manipulating prices for quick returns. But there is also a very simple and obvious reason, and this is that it is wasteful. It requires value (the price of electricity) to be wasted in order to be made, and inherits all of that value in the making."

"All that cryptocurrency does is abstract resources into a market by making those resources unavailable to the future."

"But climate justice must mean giving leadership and power to those who will bear the worst effects of climate catastrophe, including the very young, those living in the global south, those living rurally in coastal areas or farming regions, those living in poverty, those in marginalized communities, and particularly to indigenous communities who have actual experience in managing complex local ecosystems for generations without creating spiraling, resource-extractative devastation."

"There are mixed feelings about this idea- plenty of NFT artists are excited about monetizing images, plenty of people shrugging and saying it is fake ownership and doesn’t change anything about how files work online anyway (tbd- we’ll see how this settles out in legal spaces), and plenty of people horrified to see artificial scarcity imposed on digital objects."

"I’m horrified to see this willingly traded for an opportunity to reproduce the worst parts of the existing physical art market, where “the original” is useful foremost as a rare thing- a unique thing- that, in its scarcity, is an asset."

"If I had to guess, I’d say the NFT market will replace absolutely nothing- will cause no wasteful, physical art fairs to close- but will instead be folded into existing art fair and gallery contracts. This is because cryptoart is a perfect match to how the art market already functions."

"Green energy is incredibly important for the continued future of society, but it isn’t free energy. Cost of production for solar cells, wind turbines, hydroelectric dams and thermal capture are still sunk ecological costs in mining, fabrication, and construction. Per usual, they are better but not best. Best is simply to reduce consumption as much as possible."

"To repeat the common maxim, the purpose of a system is what it does. Cryptocurrencies turn sunk energy cost into futures."

"I will not be taking any questions on this or any platform because I’ve never been more bored of and depressed by a topic that I’ve written 5000 words on in my entire life. Thank you."