You can retire off a million dollars easily. Just not in the most notoriously expensive places in the USA. What exactly is your argument?
there are self made millionaires, they’re just considered lower middle class these days
this was the original statement being discussed
I believe we are talking about retirement, not supporting a family.
Then… don’t live in the most expensive places to live in the USA? All those places are NOTORIOUSLY expensive.
maybe not san fransisco but in most parts of the us you can retire off $1m can’t believe this is controversial
You can retire off a million dollars of assets easily
since when are millionaires considered “lower middle class”
If you actually look at the site for this event, apes get in for free. So you’re actually wrong on that.
Yeah but you need an ape to get in. I don’t even know why you are arguing. There are non physical status symbols people use all the time. That’s literally what nft’s are, status symbols. Or at least were during their hayday.
And this monkey picture gives you access to events.
Err what are you talking about? I was just explaining about how the blockchain this is based on doesn’t consume copious amounts of energy any more. I think you might have me confused for someone else. I know perfectly well how nft’s work, I think they are mostly stupid.
What are you talking about? Did you respond to the wrong comment?
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How are they not intelligent? You are able to put in arbitrary prompts and its able to return an image constructed to your specifications. Seems you are being pedantic
You also don’t understand the power draw of blockchain verification
Sounds like you don’t understand. The blockchain that these monkey pictures are on do not use proof of work mining anymore, so there is no “wasting energy” anymore in the form of GPU/ASIC mining.
Not at all. Membership to a country club can be a status symbol, as an example.
Something physically existing or not is not what makes a status symbol. Are you implying something about energy consumption of blockchains? The network these are on (ethereum) no longer uses PoW mining, so the energy argument does not work here.
maybe they’re just having fun. People purchase status items all the time and no one has a problem with it. There is nothing fundamentally different between showing off your 100k monkey picture with showing off your 100k watch.
It’s not for you, that’s ok.
so there wasn’t an argument, just being pedantic