The world has gone mad!

[Hibbyradge]

:wtf:

https://www.bbc.co.uk/news/world-us-canada-56307153

[stokesmessiah]

I kind of get where you are coming from but on the flip side also don’t see why this wouldn’t have value as well. Like it or not, it is a piece of history from an important era in internet/social media history.

[Peevemor]

It's totally beyond me.

[Hibbyradge]

I kind of get where you are coming from but on the flip side also don’t see why this wouldn’t have value as well. Like it or not, it is a piece of history from an important era in internet/social media history.

The person is buying the right to to say they own an electronic message that everyone else has 24/7 access to, but isn't interested in accessing.

Look everyone, I have a certificate. Absurd.

[lapsedhibee]

Look everyone, I have a certificate.

Isn't it more like 'Look everyone, I have so much money I can waste it on absolutely any old pish I like'?

[Keith_M]

I kind of get where you are coming from but on the flip side also don’t see why this wouldn’t have value as well. Like it or not, it is a piece of history from an important era in internet/social media history.


But it's not even a 'real' thing that you can actually own.

It's merely a certificate, the equivalent of a piece of paper saying that you own a piece of land on the moon.

[Pretty Boy]

I don't really get it either.

However if there is a bidding war breaking out over it then it suggests some people place some merit in it. That makes it a potentially good investment, a risky one of course but all investments carry risk.

Someone paid £1000 for a Banksy in early 2000 that had remnants of another stencil underneath and the certificate of authenticity was scribbled on a Police report. I wonder how many people thought that was money well spent at the time. It's far more valuable now because people place value in it.

[The Modfather]

The person is buying the right to to say they own an electronic message that everyone else has 24/7 access to, but isn't interested in accessing.

Look everyone, I have a certificate. Absurd.

Is it not a modern equivalent of buying art and then donating it to a museum or gallery?

I don’t get it either and think this is utter nonsense and all about the buyers ego, but I don’t get a lot of art either and some of the things bought for similar outrageous sums.

[Pretty Boy]

But it's not even a 'real' thing that you can actually own.

It's merely a certificate, the equivalent of a piece of paper saying that you own a piece of land on the moon.

The certificate is real though and people evidently place a value on that. It's proof that you 'own' the 1st tweet on a platform that was revolutionary.

It's not something I would be particularly inclined to buy even if I had the money but it's something that could well appreciate in value.

[Keith_M]

Is it not a modern equivalent of buying art and then donating it to a museum or gallery?

I don’t get it either and think this is utter nonsense and all about the buyers ego, but I don’t get a lot of art either and some of the things bought for similar outrageous sums.


Buy a painting and you can then physically deliver it to the museum and people can actually see it.

This is a bunch of 1s and 0s on your laptop that say you 'own' something that can't physically be owned... and nobody could even give even a remotely believable definition of what ownership even means in this instance.

[Keith_M]

The certificate is real though and people evidently place a value on that. It's proof that you 'own' the 1st tweet on a platform that was revolutionary.
...


But surely that's like saying that I own the Solar Eclipse in 1999.

I'm sorry, but this is not something that you can just buy.

[Pretty Boy]

But surely that's like saying that I own the Solar Eclipse in 1999.

I'm sorry, but this is not something that you can just buy.

Who currently owns the solar eclipse of 1999? This is different because ownership can be defined and proof of ownership given to said owner. The fact it remains in the public sphere and is little more than some code is largely irrelevant. When you break any piece of art or memorabilia down to it's base parts it's little more than just some stuff. An original copy of Harry Potter is just some ink and paper and is exactly the same story as a reprint produced last week.

Again it's baffling to me why anyone would want this, if I had a spare $2.5M I could think of better ways to spend it. Evidently people do want it though so it has value, whether there is a resale market in this kind of thing is a risk the buyer is taking if they see it as an investment.

[danhibees1875]

I don't get it personally but meh. Either they're hoping there's a market there and he'll eventually sell it for more, or he's rich enough that it really doesn't matter.

[Carheenlea]

What should we start the bidding at for the first post on Hibs.net?

That now has me wondering what it actually was..

[Hibbyradge]

Who currently owns the solar eclipse of 1999? This is different because ownership can be defined and proof of ownership given to said owner. The fact it remains in the public sphere and is little more than some code is largely irrelevant. When you break any piece of art or memorabilia down to it's base parts it's little more than just some stuff. An original copy of Harry Potter is just some ink and paper and is exactly the same story as a reprint produced last week.

Again it's baffling to me why anyone would want this, if I had a spare $2.5M I could think of better ways to spend it. Evidently people do want it though so it has value, whether there is a resale market in this kind of thing is a risk the buyer is taking if they see it as an investment.

Yes, but it's still mad.

[Hibbyradge]

I don't get it personally but meh. Either they're hoping there's a market there and he'll eventually sell it for more, or he's rich enough that it really doesn't matter.

Or he's rich? Or? :wink:

[danhibees1875]

Or he's rich? Or? :wink:

I'm sticking with those 2 options...

Or he just loves Twitter and that's the value of it to him.

Or he lost a bet. :greengrin

[Keith_M]

...

Again it's baffling to me why anyone would want this, if I had a spare $2.5M I could think of better ways to spend it. Evidently people do want it though so it has value, whether there is a resale market in this kind of thing is a risk the buyer is taking if they see it as an investment.


I agree, that's the most important part of the whole thing.

:aok:

I try to help out with certain African Children's Charities and, if I had $2.5M spare, the whole lot would be used for that.

[Keith_M]

...but I still refuse to believe you can buy or sell a load of 1s and 0s that no longer even exist (the original message that was transmitted).


Although, I bought a certificate recently from Alexander Graham Bell's great-grandson to say that I 'own' his first phone call.

Anybody want to buy it for $2.5M?

:wink:

[Hibbyradge]

...but I still refuse to believe you can buy or sell a load of 1s and 0s that no longer even exist (the original message that was transmitted).


Although, I bought a certificate recently from Alexander Graham Bell's great-grandson to say that I 'own' his first phone call.

Anybody want to buy it for $2.5M?

:wink:

That's a fine analogy and underlines how ridiculous this is.

Twitter will probably not exist in a few years. There's every chance it will be superseded by another social media platform and even if it's not, a rival system could pull the rug from under it.

The good thing about your certificate is that there will always be phones or the evolved version of them. Twitter wouldn't exist without phones.

Anyone want to buy a Betamax tape?

[Peevemor]

Around 1992 I did the biggest, smelliest fart of my life. It was upstairs at the Tartan Club and there were around 40 witnesses - people still talk about it to this day.

Surely it must be worth something?

[Hibbyradge]

Around 1992 I did the biggest, smelliest fart of my life. It was upstairs at the Tartan Club and there were around 40 witnesses - people still talk about it to this day.

Surely it must be worth something?

You'll have heard about the brilliant J Arthur I had in the work bog in 1978...

[CropleyWasGod]

You'll have heard about the brilliant J Arthur I had in the work bog in 1978...

I still have a Betamax tape of it.

[Hibbyradge]

I still have a Betamax tape of it.

I wondered where that had gone.

[Keith_M]

I still have a Betamax tape of it.


Did you buy it from an African Prince?


That's where I got my 'Alexander Graham Bell First Phone Call Ownership Certificate'.

[Northernhibee]

Around 1992 I did the biggest, smelliest fart of my life. It was upstairs at the Tartan Club and there were around 40 witnesses - people still talk about it to this day.

Surely it must be worth something?

Have you ever tried those bottles of Huel you see in Sainsbury's lunch bit? A liquid meal in a bottle. Ten minutes after one of those I did a fart so foul we needed to pop out of the office for ten minutes to let it all dissipate.

10/10, absolutely hilarious product.

[Peevemor]

Have you ever tried those bottles of Huel you see in Sainsbury's lunch bit? A liquid meal in a bottle. Ten minutes after one of those I did a fart so foul we needed to pop out of the office for ten minutes to let it all dissipate.

10/10, absolutely hilarious product.

I wouldn't say my Saturdays at the time were like groundhog day as I used to do different things (going to see Hibs being one), but they did generally include something in the region of 20 pints (I wasn't nicknamed the Guinness monster for nothing) & a curry.

I doubt whether Sainsbury's or any other supermarket sell a single item of food or drink that will have the same effect the following day.

[wookie70]

Does seem mad but no worse than a load of posh boys working on rumours and having a fart about deciding on the prices of multi million pound companies shares just because they decide to buy or sell a few shares. Money certainly doesn't reflect the value of work so why should it with products, real or virtual. Money isn't any more real that a digital certificate for a Tweet

[CropleyWasGod]

I wondered where that had gone.

I'll make an original copy for you. Yours for a pony.

[Hibbyradge]

Yours for a pony.

You've not got that one too? 😱

[Keith_M]

Does seem mad but no worse than a load of posh boys working on rumours and having a fart about deciding on the prices of multi million pound companies shares just because they decide to buy or sell a few shares. Money certainly doesn't reflect the value of work so why should it with products, real or virtual. Money isn't any more real that a digital certificate for a Tweet



I've got twenty quid in my pocket that says you're wrong.

:wink:

[Hibrandenburg]

I've got twenty quid in my pocket that says you're wrong.

:wink:

So it's true, money does talk.

[wookie70]

I've got twenty quid in my pocket that says you're wrong.

:wink:Most people have most of their money in digital signatures in a bank

[Keith_M]

So it's true, money does talk.


:greengrin





The Lord Islay's lips keep moving, so you could be right.

[CropleyWasGod]

BBC News - Banksy art burned, destroyed and sold as token in 'money-making stunt'
https://www.bbc.co.uk/news/technology-56335948