The funniest thing about that is that he produced 10,000 pieces of unique art. Presumably one dot was a different colour in each one. Hilarious.
I knew one of the people who painted his ‘dot’ paintings, (Lauren Child, author of the Charlie and Lola books). There was a team of them, and each one had their own trademark colour dot in the top right hand corner of the painting they worked on, so that they would know which one of them and actually painted it. Hirst didn’t paint any of them.
So you have an actual five pound note. How exactly does that buy you entrance to the Ethereum?
if buy ethereum tokens from a vendor, that gives you ethereum tokens to your web3 wallet that allows you to interact with the ethereum blockchain from that web3 wallet. So if you want to use dAPPS (decentralised apps) you can.
I think you might need to explain this more clearly. Imagine the man or woman in the street holding a five pound note, what is the step by step procedure from that point? Do they start by seeking out a nearby shop or office to speak to a ‘vendor’?
There’s loads of ways to do this, coinbase, ftx, Binance etc. there’s non custodial options like fluid.ch as well - where you can go from a bank account into crypto in seconds.
I suggest you try reading this post out loud to yourself, you might realise that it sounds like gobbledegook to the person in the street holding a five pound note. When you say ‘non-custodial options’ to me it means a lawbreaker with an ankle tag.
i gave you lists of billion dollar companies, things you can easily google yourself.
It's like rubbishing online shopping and you refuse to believe amazon is anything other than a river.
Inching forward. Are you saying that coinbase,ftx, Binace and etc are billion dollar companies? If they are what exactly am I supposed to do if I have cash money in my pocket? You said above I can use my cash to buy from a vendor. How does that work?
coinbase are listed on NASDAQ. FTX and binance are private companies with lots of VC investments. Their ceos are billionaires and they sponsor f1 teams and sports stadiums. crypto.com recently had a superbowl advert starring matt damon. They're well known companies,
If you have physical cash - pay it into your bank and use a bank transfer/pay on card to coinbase, ftx, binance etc or any other company that offer buying crypto
So it is as simple as walking into a bank, handing over cash money across the counter and saying ‘transfer that to ftx’. Then what?
Have you never used the internet before? Or purchased anything on it? This is the same process. You create an ftx account, buy ETH on it with your debit card. Then you can do what you want with the ETH - transfer to your own web3 wallet so you can use it on dAPPS
The funniest thing about that is that he produced 10,000 pieces of unique art. Presumably one dot was a different colour in each one. Hilarious.
I knew one of the people who painted his ‘dot’ paintings, (Lauren Child, author of the Charlie and Lola books). There was a team of them, and each one had their own trademark colour dot in the top right hand corner of the painting they worked on, so that they would know which one of them and actually painted it. Hirst didn’t paint any of them.
Next you will tell me my suit was not actually stitched together by Mr Hugo Boss !!
So you have an actual five pound note. How exactly does that buy you entrance to the Ethereum?
if buy ethereum tokens from a vendor, that gives you ethereum tokens to your web3 wallet that allows you to interact with the ethereum blockchain from that web3 wallet. So if you want to use dAPPS (decentralised apps) you can.
I think you might need to explain this more clearly. Imagine the man or woman in the street holding a five pound note, what is the step by step procedure from that point? Do they start by seeking out a nearby shop or office to speak to a ‘vendor’?
There’s loads of ways to do this, coinbase, ftx, Binance etc. there’s non custodial options like fluid.ch as well - where you can go from a bank account into crypto in seconds.
I suggest you try reading this post out loud to yourself, you might realise that it sounds like gobbledegook to the person in the street holding a five pound note. When you say ‘non-custodial options’ to me it means a lawbreaker with an ankle tag.
i gave you lists of billion dollar companies, things you can easily google yourself.
It's like rubbishing online shopping and you refuse to believe amazon is anything other than a river.
Inching forward. Are you saying that coinbase,ftx, Binace and etc are billion dollar companies? If they are what exactly am I supposed to do if I have cash money in my pocket? You said above I can use my cash to buy from a vendor. How does that work?
coinbase are listed on NASDAQ. FTX and binance are private companies with lots of VC investments. Their ceos are billionaires and they sponsor f1 teams and sports stadiums. crypto.com recently had a superbowl advert starring matt damon. They're well known companies,
If you have physical cash - pay it into your bank and use a bank transfer/pay on card to coinbase, ftx, binance etc or any other company that offer buying crypto
So it is as simple as walking into a bank, handing over cash money across the counter and saying ‘transfer that to ftx’. Then what?
Have you never used the internet before? Or purchased anything on it? This is the same process. You create an ftx account, buy ETH on it with your debit card. Then you can do what you want with the ETH - transfer to your own web3 wallet so you can use it on dAPPS
Right. So I go on to the internet. Look up ftx. Sign up to whatever they are giving name, address, dob, email and create a password, and they say ‘you’re in, you have signed up to something and it is completely free of charge, here is your membership number’. Then I walk into the bank with my cash money pass it across the counter and say ‘errrrm, put my money into ftx, here is my membership number’ and the bank does that. How do I then get my money back out?
So you have an actual five pound note. How exactly does that buy you entrance to the Ethereum?
if buy ethereum tokens from a vendor, that gives you ethereum tokens to your web3 wallet that allows you to interact with the ethereum blockchain from that web3 wallet. So if you want to use dAPPS (decentralised apps) you can.
I think you might need to explain this more clearly. Imagine the man or woman in the street holding a five pound note, what is the step by step procedure from that point? Do they start by seeking out a nearby shop or office to speak to a ‘vendor’?
There’s loads of ways to do this, coinbase, ftx, Binance etc. there’s non custodial options like fluid.ch as well - where you can go from a bank account into crypto in seconds.
I suggest you try reading this post out loud to yourself, you might realise that it sounds like gobbledegook to the person in the street holding a five pound note. When you say ‘non-custodial options’ to me it means a lawbreaker with an ankle tag.
i gave you lists of billion dollar companies, things you can easily google yourself.
It's like rubbishing online shopping and you refuse to believe amazon is anything other than a river.
Inching forward. Are you saying that coinbase,ftx, Binace and etc are billion dollar companies? If they are what exactly am I supposed to do if I have cash money in my pocket? You said above I can use my cash to buy from a vendor. How does that work?
coinbase are listed on NASDAQ. FTX and binance are private companies with lots of VC investments. Their ceos are billionaires and they sponsor f1 teams and sports stadiums. crypto.com recently had a superbowl advert starring matt damon. They're well known companies,
If you have physical cash - pay it into your bank and use a bank transfer/pay on card to coinbase, ftx, binance etc or any other company that offer buying crypto
So it is as simple as walking into a bank, handing over cash money across the counter and saying ‘transfer that to ftx’. Then what?
Have you never used the internet before? Or purchased anything on it? This is the same process. You create an ftx account, buy ETH on it with your debit card. Then you can do what you want with the ETH - transfer to your own web3 wallet so you can use it on dAPPS
Right. So I go on to the internet. Look up ftx. Sign up to whatever they are giving name, address, dob, email and create a password, and they say ‘you’re in, you have signed up to something and it is completely free of charge, here is your membership number’. Then I walk into the bank with my cash money pass it across the counter and say ‘errrrm, put my money into ftx, here is my membership number’ and the bank does that. How do I then get my money back out?
Seth, I appreciate you don't understand Crypto (nor do I to a great deal), but you're not unintelligent so I'm not sure why you are (in my opinion) deliberately acting uber-ignorant. What are you hoping to achieve?
In your example up there, do you sign up for Amazon and then go to your bank with your login details,give them cash and expect them to make purchases on your behalf?
So you have an actual five pound note. How exactly does that buy you entrance to the Ethereum?
if buy ethereum tokens from a vendor, that gives you ethereum tokens to your web3 wallet that allows you to interact with the ethereum blockchain from that web3 wallet. So if you want to use dAPPS (decentralised apps) you can.
I think you might need to explain this more clearly. Imagine the man or woman in the street holding a five pound note, what is the step by step procedure from that point? Do they start by seeking out a nearby shop or office to speak to a ‘vendor’?
There’s loads of ways to do this, coinbase, ftx, Binance etc. there’s non custodial options like fluid.ch as well - where you can go from a bank account into crypto in seconds.
I suggest you try reading this post out loud to yourself, you might realise that it sounds like gobbledegook to the person in the street holding a five pound note. When you say ‘non-custodial options’ to me it means a lawbreaker with an ankle tag.
i gave you lists of billion dollar companies, things you can easily google yourself.
It's like rubbishing online shopping and you refuse to believe amazon is anything other than a river.
Inching forward. Are you saying that coinbase,ftx, Binace and etc are billion dollar companies? If they are what exactly am I supposed to do if I have cash money in my pocket? You said above I can use my cash to buy from a vendor. How does that work?
coinbase are listed on NASDAQ. FTX and binance are private companies with lots of VC investments. Their ceos are billionaires and they sponsor f1 teams and sports stadiums. crypto.com recently had a superbowl advert starring matt damon. They're well known companies,
If you have physical cash - pay it into your bank and use a bank transfer/pay on card to coinbase, ftx, binance etc or any other company that offer buying crypto
So it is as simple as walking into a bank, handing over cash money across the counter and saying ‘transfer that to ftx’. Then what?
Have you never used the internet before? Or purchased anything on it? This is the same process. You create an ftx account, buy ETH on it with your debit card. Then you can do what you want with the ETH - transfer to your own web3 wallet so you can use it on dAPPS
Right. So I go on to the internet. Look up ftx. Sign up to whatever they are giving name, address, dob, email and create a password, and they say ‘you’re in, you have signed up to something and it is completely free of charge, here is your membership number’. Then I walk into the bank with my cash money pass it across the counter and say ‘errrrm, put my money into ftx, here is my membership number’ and the bank does that. How do I then get my money back out?
Seth, I appreciate you don't understand Crypto (nor do I to a great deal), but you're not unintelligent so I'm not sure why you are (in my opinion) deliberately acting uber-ignorant. What are you hoping to achieve?
In your example up there, do you sign up for Amazon and then go to your bank with your login details,give them cash and expect them to make purchases on your behalf?
Come on, it's ludicrously tedious.
I was mocked in the second post on this thread so I have responded.
So you have an actual five pound note. How exactly does that buy you entrance to the Ethereum?
if buy ethereum tokens from a vendor, that gives you ethereum tokens to your web3 wallet that allows you to interact with the ethereum blockchain from that web3 wallet. So if you want to use dAPPS (decentralised apps) you can.
I think you might need to explain this more clearly. Imagine the man or woman in the street holding a five pound note, what is the step by step procedure from that point? Do they start by seeking out a nearby shop or office to speak to a ‘vendor’?
There’s loads of ways to do this, coinbase, ftx, Binance etc. there’s non custodial options like fluid.ch as well - where you can go from a bank account into crypto in seconds.
I suggest you try reading this post out loud to yourself, you might realise that it sounds like gobbledegook to the person in the street holding a five pound note. When you say ‘non-custodial options’ to me it means a lawbreaker with an ankle tag.
i gave you lists of billion dollar companies, things you can easily google yourself.
It's like rubbishing online shopping and you refuse to believe amazon is anything other than a river.
Inching forward. Are you saying that coinbase,ftx, Binace and etc are billion dollar companies? If they are what exactly am I supposed to do if I have cash money in my pocket? You said above I can use my cash to buy from a vendor. How does that work?
coinbase are listed on NASDAQ. FTX and binance are private companies with lots of VC investments. Their ceos are billionaires and they sponsor f1 teams and sports stadiums. crypto.com recently had a superbowl advert starring matt damon. They're well known companies,
If you have physical cash - pay it into your bank and use a bank transfer/pay on card to coinbase, ftx, binance etc or any other company that offer buying crypto
So it is as simple as walking into a bank, handing over cash money across the counter and saying ‘transfer that to ftx’. Then what?
Have you never used the internet before? Or purchased anything on it? This is the same process. You create an ftx account, buy ETH on it with your debit card. Then you can do what you want with the ETH - transfer to your own web3 wallet so you can use it on dAPPS
Right. So I go on to the internet. Look up ftx. Sign up to whatever they are giving name, address, dob, email and create a password, and they say ‘you’re in, you have signed up to something and it is completely free of charge, here is your membership number’. Then I walk into the bank with my cash money pass it across the counter and say ‘errrrm, put my money into ftx, here is my membership number’ and the bank does that. How do I then get my money back out?
Seth, I appreciate you don't understand Crypto (nor do I to a great deal), but you're not unintelligent so I'm not sure why you are (in my opinion) deliberately acting uber-ignorant. What are you hoping to achieve?
In your example up there, do you sign up for Amazon and then go to your bank with your login details,give them cash and expect them to make purchases on your behalf?
Come on, it's ludicrously tedious.
I was mocked in the second post on this thread so I have responded.
so this "post" where is it? For the man on the street right now, where can he get this "post"?
Damien Hirst looking for another payday using a blunt instrument that was crass 20 years ago when used by The KLF. Out of fashion wealthy rebel shows disdain for establishment bollocks.
The funniest thing about that is that he produced 10,000 pieces of unique art. Presumably one dot was a different colour in each one. Hilarious.
I knew one of the people who painted his ‘dot’ paintings, (Lauren Child, author of the Charlie and Lola books). There was a team of them, and each one had their own trademark colour dot in the top right hand corner of the painting they worked on, so that they would know which one of them and actually painted it. Hirst didn’t paint any of them.
Common practise at a certain level. I'm currently in Saudi Arabia painting murals, there's another artist represented here called Philip Colbert (the British Warhol is what some ppl call him). He isn't actually here, 2 assistants are, he has 2 studios with 40 staff who design and paint his work in London. He just signs them and charges 30k +....the staff get a day rate. I've just earned the most I've ever got on a single job... including business class flights the lot. They are getting paid P/H and travelled standard.
Tbh, that's traditionally how most artists learned the skills they put inton there own practise... its pretty much an apprenticeship.
The funniest thing about that is that he produced 10,000 pieces of unique art. Presumably one dot was a different colour in each one. Hilarious.
I knew one of the people who painted his ‘dot’ paintings, (Lauren Child, author of the Charlie and Lola books). There was a team of them, and each one had their own trademark colour dot in the top right hand corner of the painting they worked on, so that they would know which one of them and actually painted it. Hirst didn’t paint any of them.
Common practise at a certain level. I'm currently in Saudi Arabia painting murals, there's another artist represented here called Philip Colbert (the British Warhol is what some ppl call him). He isn't actually here, 2 assistants are, he has 2 studios with 40 staff who design and paint his work in London. He just signs them and charges 30k +....the staff get a day rate. I've just earned the most I've ever got on a single job... including business class flights the lot. They are getting paid P/H and travelled standard.
Tbh, that's traditionally how most artists learned the skills they put inton there own practise... its pretty much an apprenticeship.
Hmmm. That's not right though, is it?
I mean, if you lump out £30k for someone's art then the expectation is that they've done more than just sign the thing, surely?
The funniest thing about that is that he produced 10,000 pieces of unique art. Presumably one dot was a different colour in each one. Hilarious.
I knew one of the people who painted his ‘dot’ paintings, (Lauren Child, author of the Charlie and Lola books). There was a team of them, and each one had their own trademark colour dot in the top right hand corner of the painting they worked on, so that they would know which one of them and actually painted it. Hirst didn’t paint any of them.
Common practise at a certain level. I'm currently in Saudi Arabia painting murals, there's another artist represented here called Philip Colbert (the British Warhol is what some ppl call him). He isn't actually here, 2 assistants are, he has 2 studios with 40 staff who design and paint his work in London. He just signs them and charges 30k +....the staff get a day rate. I've just earned the most I've ever got on a single job... including business class flights the lot. They are getting paid P/H and travelled standard.
Tbh, that's traditionally how most artists learned the skills they put inton there own practise... its pretty much an apprenticeship.
Hmmm. That's not right though, is it?
I mean, if you lump out £30k for someone's art then the expectation is that they've done more than just sign the thing, surely?
That's fair, but if you go to a restaurant and pay top dollar for Hestons food... the chances he's cooked it are all but none. Even Banksy is one man with a team.
If you purchased the Hirst NFT for $2000 and swapped it for the assistant made original... it'd be worth $15000 now (last time I looked) so the investment was a good one... and for most people spending that kind of money, it is an investment.
The funniest thing about that is that he produced 10,000 pieces of unique art. Presumably one dot was a different colour in each one. Hilarious.
I knew one of the people who painted his ‘dot’ paintings, (Lauren Child, author of the Charlie and Lola books). There was a team of them, and each one had their own trademark colour dot in the top right hand corner of the painting they worked on, so that they would know which one of them and actually painted it. Hirst didn’t paint any of them.
Common practise at a certain level. I'm currently in Saudi Arabia painting murals, there's another artist represented here called Philip Colbert (the British Warhol is what some ppl call him). He isn't actually here, 2 assistants are, he has 2 studios with 40 staff who design and paint his work in London. He just signs them and charges 30k +....the staff get a day rate. I've just earned the most I've ever got on a single job... including business class flights the lot. They are getting paid P/H and travelled standard.
Tbh, that's traditionally how most artists learned the skills they put inton there own practise... its pretty much an apprenticeship.
Hmmm. That's not right though, is it?
I mean, if you lump out £30k for someone's art then the expectation is that they've done more than just sign the thing, surely?
That's fair, but if you go to a restaurant and pay top dollar for Hestons food... the chances he's cooked it are all but none. Even Banksy is one man with a team.
If you purchased the Hirst NFT for $2000 and swapped it for the assistant made original... it'd be worth $15000 now (last time I looked) so the investment was a good one... and for most people spending that kind of money, it is an investment.
Yeah, I get the similarities, but I reckon most people will know that Heston isn't there out the back cooking all the dishes all night every night, but he will have set the standards and created the menu, etc.
When it comes to art I would've thought that if you're buying a Hirst, or a Turner, Picasso, Da Vinci, etc - then the expectation is that the artist will have done a bit more than just sign it.
But hey ho, it's all academic for me anyway. I'm happy with my print of the The Fighting Temeraire on the wall that only cost a score!
I have read a couple of articles "explaining" what NFTs are. I thought I had a handle on it. I am thinking they are digital artworks, so you can only view them using a computer? Then I read this:
"One controversy surrounding the world of NFT artworks is the impact it’s having on the environment. French artist Joanie Lemercier recently made news after his NFT sold out in 10 seconds, making thousands of dollars. Pretty incredible, right? Well, what he also could not foresee is exactly how much energy this transaction would consume: the equivalent of how much his studio uses over a full 2 year period, which is 8.7 megawatt-hours of energy.
His seller then resold the piece, which used the same amount of energy and horrified the artist who had looked to sell work online as an eco-friendly alternative to transporting physical work around the world’s museums. Lemercier went on to release a statement documenting the lack of transparency he faced from cryptoart platforms when investigating their energy consumption."
How can switching on a computer and looking at a picture consume this much energy?
If someone can explain to an old chap like me (if it is possible to do without using words like "digital asset" and "minted") I would be very grateful.
Energy consumption should now be slashed by a huge amount - ethereum moved to proof of stake about a month or so ago.
The “point” of blockchain networks is they need to be decentralised, so many computers all maintaining the network, not one central server like in the web currently. Back when ethereum (the most popular network outside of bitcoin) was proof of work (so transactions on the network had to be approved by many computers doing ever more complex calculations for fees from users transacting on the network) energy consumption was high. Now it is proof of stake (you lock up your tokens to form a node in the network, these nodes then approve transactions and are then rewarded with fees from users) it’s much more energy efficient by many many times. However this is also controversial in the crypto community, as it makes the network less decentralised.
ethereum is just one of many networks, but it’s the most popular. Most other ones are proof of stake also. Bitcoin is proof of work, and will probably remain so
So not possible without using jargon then. I have highlighted the bits that might as well be Swahili, however though there are a lot of words I actually understand on their own, when to put together in that order... more baffled than when I started, but thanks for trying KA.
i mean, i've explained what each of these are later on in the post. But Ethereum is a name of the network, proof of stake is a way of approving transactions on the network. Blockchain is the technology and concept.
If you want to use the ethereum network, you have to make a transaction - which costs you "gas" fees which are then distributed to those that maintain the network.
I really do not understand. I am not being awkward KA. I do not get it at all. I realise it is all but impossible for people who understand to explain it to those that don't without using jargon, like trying to explain cricket to yanks.
Taking it back, am I right in thinking Hirst has sold artworks that only the buyer can access on his/her computer?
I have read a couple of articles "explaining" what NFTs are. I thought I had a handle on it. I am thinking they are digital artworks, so you can only view them using a computer? Then I read this:
"One controversy surrounding the world of NFT artworks is the impact it’s having on the environment. French artist Joanie Lemercier recently made news after his NFT sold out in 10 seconds, making thousands of dollars. Pretty incredible, right? Well, what he also could not foresee is exactly how much energy this transaction would consume: the equivalent of how much his studio uses over a full 2 year period, which is 8.7 megawatt-hours of energy.
His seller then resold the piece, which used the same amount of energy and horrified the artist who had looked to sell work online as an eco-friendly alternative to transporting physical work around the world’s museums. Lemercier went on to release a statement documenting the lack of transparency he faced from cryptoart platforms when investigating their energy consumption."
How can switching on a computer and looking at a picture consume this much energy?
If someone can explain to an old chap like me (if it is possible to do without using words like "digital asset" and "minted") I would be very grateful.
Energy consumption should now be slashed by a huge amount - ethereum moved to proof of stake about a month or so ago.
The “point” of blockchain networks is they need to be decentralised, so many computers all maintaining the network, not one central server like in the web currently. Back when ethereum (the most popular network outside of bitcoin) was proof of work (so transactions on the network had to be approved by many computers doing ever more complex calculations for fees from users transacting on the network) energy consumption was high. Now it is proof of stake (you lock up your tokens to form a node in the network, these nodes then approve transactions and are then rewarded with fees from users) it’s much more energy efficient by many many times. However this is also controversial in the crypto community, as it makes the network less decentralised.
ethereum is just one of many networks, but it’s the most popular. Most other ones are proof of stake also. Bitcoin is proof of work, and will probably remain so
So not possible without using jargon then. I have highlighted the bits that might as well be Swahili, however though there are a lot of words I actually understand on their own, when to put together in that order... more baffled than when I started, but thanks for trying KA.
i mean, i've explained what each of these are later on in the post. But Ethereum is a name of the network, proof of stake is a way of approving transactions on the network. Blockchain is the technology and concept.
If you want to use the ethereum network, you have to make a transaction - which costs you "gas" fees which are then distributed to those that maintain the network.
I really do not understand. I am not being awkward KA. I do not get it at all. I realise it is all but impossible for people who understand to explain it to those that don't without using jargon, like trying to explain cricket to yanks.
Taking it back, am I right in thinking Hirst has sold artworks that only the buyer can access on his/her computer?
Comments
There was a team of them, and each one had their own trademark colour dot in the top right hand corner of the painting they worked on, so that they would know which one of them and actually painted it. Hirst didn’t paint any of them.
So I go on to the internet.
Look up ftx.
Sign up to whatever they are giving name, address, dob, email and create a password, and they say ‘you’re in, you have signed up to something and it is completely free of charge, here is your membership number’.
Then I walk into the bank with my cash money pass it across the counter and say ‘errrrm, put my money into ftx, here is my membership number’ and the bank does that.
How do I then get my money back out?
In your example up there, do you sign up for Amazon and then go to your bank with your login details,give them cash and expect them to make purchases on your behalf?
Come on, it's ludicrously tedious.
Who will crack first and go all Guns of the Navarone?!
Tbh, that's traditionally how most artists learned the skills they put inton there own practise... its pretty much an apprenticeship.
I mean, if you lump out £30k for someone's art then the expectation is that they've done more than just sign the thing, surely?
If you purchased the Hirst NFT for $2000 and swapped it for the assistant made original... it'd be worth $15000 now (last time I looked) so the investment was a good one...
and for most people spending that kind of money, it is an investment.
When it comes to art I would've thought that if you're buying a Hirst, or a Turner, Picasso, Da Vinci, etc - then the expectation is that the artist will have done a bit more than just sign it.
But hey ho, it's all academic for me anyway. I'm happy with my print of the The Fighting Temeraire on the wall that only cost a score!
Taking it back, am I right in thinking Hirst has sold artworks that only the buyer can access on his/her computer?