T O P
QualityVote

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aepfelpfluecker

Money laundering Bottom text


darealkrkchnia

Monkey laundering Upper text


Windfall_The_Dutchie

Monetary laundry Middle text


GABRYFIERO

Text Monetary landy


kirbyverano123

Words Money Laundromat


joriale

Mormon loud mandril Text here.


CrispyMan_900

Text here Text here


hahadudeisme

Text Text


Luke7Blue

Word Dissociation


MrSuperGuyMan

Terence From angry birds


frog_marley

You 👉👦🏿 think 💭 it's funny 😃 to take 💅 screenshots ❌😤🚫 of people's 👫👬 NFTs, huh 😕? Property 🏡 theft 🕵 is a joke 😂 to you 👈? I'll 🤫 have you 👈 know 💭 that the blockchain 💖 doesn't lie 😫💪😤. I 👁 own it. Even 🌃 if you 👈🏼 save 📑 it, it's my property 🎮🚣🏻⛽. You 👉 are mad 😡 that you 👈 don't 🚫 own the art 🖼 that I 👁 own. Delete ❌ that screenshot 😎👍.


diliberto123

Explain. Everyone says this but I’ve yet to see a real explanation


Rye_The_Science_Guy

Take lots of cash made illegally. Convert it to crypto that is untraceable. Spend crypto buying and selling online artwork that is also untraceable. Convert crypto to cash with no paper trail. Profit.


tyrerk

So basically you're back to square one, with a lot of dirty cash and no way to explain it


Rye_The_Science_Guy

It's not dirty if you have a paper trail just saying that it was converted from crypto. That's just where the trail ends


FuckYeahPhotography

In addition to that, this process has been used for decades with the wealthy purchasing fine art at ridiculous prices. This isn't a new concept it's just now being applied to different currencies.


unforgiven69boy

Thanks! Now explain the monkey laundering


Caerbannogcaverabbit

Monkkey + washing machine =monkey laundering


PhilxBefore

Put a pair of "K"s in the dryer, and only one comes back out.


FuckYeahPhotography

Wrote an entire copypasta about laundering monkeys but the ass spam filter on this sub removed it 🤔


plataeng

maybe you could post it to the copypasta sub


Cory123125

The money is now *"clean"* because it was from *someone* buying your *art* with money, from which there is no source, but for which you aren't required to have a source.


Quinoablah

No you make the money from selling nfts, you buy it with the stolen money/crypto. Then when asked where you got the money you say from selling nfts


makesnosenseatall

Also crypto is traceable. Crypto is being used less to wash money than cash.


Rye_The_Science_Guy

Yah, it's more about converting cash into sellable assets than laundering


kaizango

Most crypto are traceable these days. Bitcoin used to be touted as "untraceable" but that's not a reality any more. I'm sure there's a few but monero is the only one I know of.


Rye_The_Science_Guy

That's fine, because money laundering just means getting rid of the cash. In this case, converting it to something with a monetary value like crypto or an nft. It is no longer cash that can be counted but rather an asset


colacastell

Isn’t a blockchain literally the opposite of untraceable? Like it’s concept is that everything is traced forever? The moment someone exchanges the money, the trace even has a real identity linked to it.


alexhalloran

How is it 'untraceable' when it's literally on a public ledger. There is a complete paper trail. For instance you can look at the guy who owns the alex.eth address and see exactly what tokens he owns and what he's exchanged them for. Crypto is pseudonymous, not anonymous.


vortxo

Dimond hands pfp 🤮


MochaLatteSSB

Dimond 🧱


ForceBlade

If you know the theory on how money laundering works then you would instantly know why that would be applicable here yes


Xx_Gandalf-poop_xX

To conceal the source of money by channeling it through and intermediary... hmm


YaBenZonah

Thanks for the explanation and ur helpful comment


Vaushtorian

Damn what an incredibly knowledgeable comment, by the way as a neurosurgeon, noble price winner in economics, i'd argue that you're wrong and if you knew the theory you'd now.


AdventurousAd5447

Calling them "artists" is giving them too much credit


[deleted]

NFT “artists” are dumb, imagine making money just by drawing a monkey with diferentes colors 🗿🗿🗿


KeyAdhesiveness265

I think you mean NFT buyers. The “Artist” is making a shit ton of money from dumbasses. It’s the perfect job


Skyhawk6600

It's not stupid if it works


KeyAdhesiveness265

Ik, I’m saying that it’s the buyers who are stupid. The sellers are smart


Blackomodo19

The buyers, sells them tho. Almost nobody really keeps them because of "art" or something, people generally buy them to sell them later because they have rare variants to make money. It’s not always money laundering, it’s just investment.


KeyAdhesiveness265

I meant the artist


Blackomodo19

You’re saying artist is smart and buyer is dumb, or did I get it wrong ?


KeyAdhesiveness265

That is what I’m saying


Skyhawk6600

It's almost temping to try myself


[deleted]

[удалено]


Frozen_tit

What are the costs?


Fuhskin

Tree fiddy


Shrexcellence

GODDAMMIT LOCH NESS MONSTER


KeyAdhesiveness265

Same


jatz0r

No, it's still stupid. It just also works on stupid people


Skyhawk6600

And there's nothing unethical about profiting off of people's willing stupidity, so long as no deception is involved.


jatz0r

Lol It feels unethical to agree but I agree


Skyhawk6600

Value is subjective, if they think it's valuable who are we to not take advantage of that


ColaEuphoria

Yes it fucking is?


JabbaTheHuttYt

Sounds like the dream job tbh


Inquisitor1

Draw 5 colours, 5 mouths, 5 eyes, you just made 125 nfts.


Kanyeisntdope

to be fair, they're extremely smart. They saw a low effort way to rake in a ton of money and chose to exploit it


discodiscgod

What if you put the word “con” before artists? More accurate?


HACKERB22015

My mom called me a artist after I drew a stickman


OofScan

NFTs lookin like picrew ocs


JuliguanTheMan

They are actually really well drawn, though with hundreds of different versions of the same thing colors and composition will become bad. The lineworl, expressions and creativity to create hundreds of characters from the same template is quite impressive imo But yeah they aren't worth a couple thousand or hundred or even €20


BoysDontCry38

Why is NFT art so damn shitty?


AIAppropriate

Because scammers are faster than artists


wW2_FaN_Modeller1134

Some are good, most of them aren't


Optimal_Unit_2735

My question: what's nft art?


RetardoMiloz

How dare you you showed the nft without paying 69420 PenisCoin for it 😤


[deleted]

I apologize I can pay in dogecoin (funny!!!)


Gnolls

We only accept PenisCoin here.


Ldiddy-the-69th

Would you take 89 pegging bucks?


Chispy

How the government allows this crap to happen is beyond me. The concept of legal tender is completely out the window.


alexhalloran

The government can't do anything about P2P tech. Half of all dollars were printed into existence since 2009. People trust code they can audit much more than they trust governments who steal wealth through inflation.


PuzzleheadedPage3022

What’s nft


[deleted]

Profile pictures that people pay for that all look the same and the owner gets angry when you screenshot them


Saharsky

You 👊 think 🤔💭 it's funny 🤣 to take 😀👀 screenshots of people's 🧑‍🤝‍🧑 NFTs, huh? 🤨 Property 💾 theft is a joke 😜 to you? 👦 I'll 😇 have 🈶 you 👈🏽 know 💃 that 💒 the blockchain doesn't 😚 lie. 🤥 I 👄💦💦💦🦾 own 💁 it. Even 🕚😛 if you 🤟 save 🦎 it, it's my ⚠️ property. 💾 You 👉🏼 are mad 🗯 that 🤬🤬🥴 you 🦎 don't 🎮 own 😎 the art 🎭 that 👆👇 I 😮👏🤔 own. 👏 Delete 🔋😠 that 👏 screenshot.


juicyjuice76

Thanks, I hate it


ccvgreg

That was a real tweet by an NFT owner it's amazing.


Independent-Bell2483

have a link to it?


Lancalot

[Found it.](https://twitter.com/SaeedDiCaprio/status/1456456867396345858?t=fWJ7F1qVrBCGnEiHrPVqtQ&s=19)


Independent-Bell2483

thanks


ccvgreg

Nice


NRMusicProject

I never understood the concept of NFTs, but this seems to explain it nicely. This was always my question when someone said only one person can have the image at a time: what's to protect their drawings from being screenshot? It always seemed dumb.


Roddy117

There’s nothing stopping them from snagging a screenshot. In theory, nfts could be worth something and usable for creative art collaborations and be actually functional, but that will probably be unrecognizable to how nfts work now.


40ozOracle

It’s not the image. The image is just a visual representation of the block chain number or certificate. I think that’s the rarity part.


odraencoded

It's like bitcoin, but worse.


co_fragment

Do you know who else is like Bitcoin, but worse?


ClearMessagesOfBliss

My mom!!


bobbydigital_ftw

You're saying it wrong!


odraencoded

Yes. Dogecoin.


JogPanson

Moon or something, idk I’m not stupid


AdventurousAd5447

Also they use alot of energy, causing destruction to the environment


MisterDum

but how


Never-gonnagive-u-up

It's science


MlonEusk-chan

server cooling takes alot of coolant(basically water). Also, the amount of electricity used to run the nft servers is a shitton, causing more coal generators to run=more pollution


MisterDum

Holy shit not only are they shitty but an actual threat?


Complete-Grab-5963

It’s the same for any cryptocurrency


anlskjdfiajelf

Not the same for all crypto but yeah some of them are problems


IHaveNeverBeenOk

I have a legit question, I'm not trying to be snarky. Which crypto is environmentally sound? It seems like the calculational nature of farming crypto will always be an issue, and if you can't do that, then how is the crypto produced? Thanks in advance.


polarcub2954

Peercoin, and all the proof of stake coins that followed. Peercoin invented a green protocol a few years after Bitcoin and has been around for 9 years. It functions just fine on a small fraction of the power consumption and hard drive space.


NoodleNed

read up on [this](https://www.nytimes.com/2021/04/13/climate/nft-climate-change.html) my guy. it's fucked that our climate's fragile state is degrading more because of ugly-ass art.


JB-from-ATL

As a whole they're not as much as like cars or anything, but when you see what it's doing it's kind of like "is this really worth it?"


frustrated_penguin

Not really, we got renewable energy these days.


whenwherewhatwhywho

It's a problem that is already being solved with ETH 2 coming out next year + layer 2 solutions on top of that. It's a non-issue. People like to spout that NFTs are bad for the environment, which is currently true, but we are not in the end stage of crypto and blockchain technology, far far from it. https://ethereum.org/en/eth2/ https://ethereum.org/en/developers/docs/scaling/layer-2-rollups/


chachki

LOOPRING BABY


zh1K476tt9pq

because it's based on shitty blockchain tech


ThatRandomFoxKid

Porn category


ukuuku7

Non-Fungible Tokens.


Billybobgeorge

Rare Pepes but for real


Shadow-Raptor

I've seen the acronym nft before but I have no idea what the hell it means.


ToastyMann

It stands for Non-Fungible Token, and it's basically a picture that you pay an absurd amount of money in crypto currency for and there's technically only one of each on the Blockchain. This entire idea is pointless thanks to the screenshot button, and it makes NFT artists salty


ukuuku7

It's not just for pictures. An actual good use for it would be in-game items and stuff like that.


Kingofelephantshrews

“In-game items”


KtoProd

An actual practical use would be verifying concert tickets, passports, lottery tickets etc. There really are a lot of real world uses, despite what you hear.


immaownyou

You know another way to verify concert tickets,passports, etc ? By just looking at and/or scanning the barcode lol. That's a terrible real world use


roartex

Well blockchain would be the ledger system that verifys the concert tickets/passport after you scan the barcode. It literally is the intended real world use. You should look into it, cool stuff.


FrostyAutumn

Non Fungible Token


Cmdr_Verric

Non-fungible token


Graitom

This is actually pretty funny, op far from a shitpost.


NevGuy

Shitpots can be funny. Maybe thus sub isn't the best example of that, but "shitpost" and "funny" are not mutually exclusive concepts.


XxSHAWNMEMEGOD69xX

But monke


villagerofacnh

So i can draw a monkey and sell it somewhere and easy money then?


KaleidoscopeMindless

lol nah you have to also mint it and then keep buying it yourself until some else suspects it has value and buys it


FijiPotato

NFT artist are the modern day equivalent of "My Sonic OC RazonDarkWing the Third. DO NOT STEAL"


Gondor128

atleast they weren't laundering money with sonic oc back in the day


SGScoutAU

They even more creative and better look than those monkey and lion


Hyperpoly

Or were they?


NevGuy

Harpy.


YourAverageMemeRater

A good backup gun


Miss-Gooie

NFT simps when the trend dies and they realize they spent their entire life savings on a monkey JPEG


RazorGuy223

At this point they should just draw the same drawing but just change one pixels color


BlackBerryClassico

Some have already done this


GridDownGoofer

She-Cop


GoodOldSlippinJimmy

She cop is ok but I much prefer using surfer with gun


British_arelads

I download the NFT image and nobody can stop me


[deleted]

Reported to the authorities


PiRSquared2

The funny part is the pictures in this video probably had more effort to draw and look better than nft “””art”””


DenwopTesL

"Artists" haha


BunchyLight67

Mortician and Rugby


afhaalchineesje

Taiwan


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AnglesX

👍🏻


SomeonOnTheInternet

Cum


Additional_Today_291

K but what does NFT means?


willflameboy

Non-fungible token


[deleted]

I don't know what it stands for but it's essentially a PNG people pay for


Tamos40000

It means Non-Fungible Token. Basically what if cryptocurrencies but pokemon cards. It also doesn't just apply to PNGs, any item of your everyday life can be represented through a NFT, so you can now sell your used toothbrush when you no longer need it. That's the future bro. 😎


FrostyAutumn

Non Fungible Token


BigK0520

No fucking thanks


AdventurousAd5447

Yep


HiddenHands195

Can someone tell me which episode of regular show this is?


Kanyeisntdope

It's one of the ones that were on Cartoon Network


ToastyMann

It's in Season 2 and it's called "But I have a Receipt"


FossilMega696

Can someone explain what's with those monkeys? I don't get it


FoulRookie

Money laundering, people make it look like the apes are worth a lot, only get some gullible person to buy it


Past-Deer-7808

I don't understand. If someone screenshot the "art", who will be mad? The artist or the buyer?


[deleted]

The Buyer usually, "You think it’s funny to take screenshots of people’s NFTs, huh? You must be a very immature person to steal someone’s property that they PAID for. Yeah, I said it. You’re the kind of person who thinks that property theft (a seriously illegal offence) is a joke. I don’t even know why you took that screenshot, because you didn’t pay 1000 dollars for it. I did. The blockchain doesn’t lie. Even if you try to save it, it’s my property. You’re just angry that you couldn’t afford this priceless masterpiece. Even if you could, your fingers couldn’t even click fast enough to get one of the 10000 NFTs sold. You’re just mad you don’t own what I own. So, delete that screenshot, or I swear, you’ll be hearing from my lawyers."


KtoProd

Nobody. That copyasta is fake. Nobody has ever gotten upset over a screenshot of an NFT lol


dimitaar

I don't understand NFT and bitcoins, i can't get my head around them. Who vouch for them, how they got value? And does NFT means my avatar is valuable?


DannyBoyM8

No, it means you paid for a proof of ownership, which in turn does not make you the owner, you just get to keep a decent copy of it and you can tell others it's yours.


dimitaar

See, this doesn't make any sense, i can just screenshot it, who's going to stop me.


alexhalloran

Nobody. But also nobody is going to buy a screenshot from you when they can verify what the real thing is.


dimitaar

But who sets the price? How can you justify something and say this picture on the computer costs idk 100k?


thanks837

Fuck


Muted_Bedroom3911

I miss regular show 😔


West_Protection4401

haha screenshots go brr


SLMZ17

> “Surfer with Gun”, from the “Pixie Sorcerer” collection, has been sold for $10,000!!


yeetmymeat12300

*screenshots 900,000,000,000 times*


Nobnoilteawxoxes

Holy shit i want to fuck you more


Ok-Comedian-8335

Money laundering Montgomery


TheOneTrueWigglyBoi

Finally going to give in and ask, whats nft, there are so many memes and I don't quite know what that is....


BhanosBar

Modern Character customization options:


AbhishekAulakh

NICE FUCKABLE TITTIES - NFT


[deleted]

[удалено]