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@punk4940

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Joined November 2011
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4940 Verified account @punk4940
This is where I think blockchain comes in, agents need coordination and be able to split value using smart contracts. Still find it weird why this isn't obvious
Chamath Palihapitiya Verified account @chamath Sep 21
This wrinkle is indicative of a bigger problem: the behavior of agents are still quite naive and help amplify a bunch of issues wrt the direction of AI - most importantly including those of strategy and long term competitiveness.

I suspect everyone will start blocking everyone shortly.

Plan accordingly.
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4940 Verified account @punk4940
In all the Digital Art space these are the two most valuable editions of 100. I’ve owned The Doomed for years and today I bought GIGACHAD, seemed logical to own the edition representing the worlds first trillionaire and most import human of these times.
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4940 Verified account @punk4940
Great Explanation!
David Verified account @punk8164 Apr 23
NFTs aren’t a trade. They’re a property system.

Before NFTs, digital culture had infinite distribution but zero ownership. Everything spread, nothing could be truly owned. Value went to platforms.

NFTs changed that.

Now culture can spread infinitely and be owned finitely.

That’s a big deal. Especially for art, where value has always come from provenance, story, and cultural relevance. NFTs don’t change those, they upgrade them:

- perfect, global provenance
- infinite distribution without breaking ownership
- borderless, liquid markets

People keep waiting for NFTs to “come back.”

But what’s actually happening is quieter: a parallel system for owning digital culture is compounding in the background.

And most people will miss it.

Because this isn’t about speed or hype like the first NFT cycle. It’s about owning pieces of the internet that matter.

The real question isn’t if NFTs return.

It’s how much of culture moves onchain and who owns it when it does.
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