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...non-fungible token or other similar digital artwork that does not exist in tangible form It seems that there is one form of collateral that is beyond the pale of today’s permissive securitisation market: monkey JPEGs...
...An NFT, as has been pointed out ad nauseam, boils down to a unique identifier stored on a blockchain that points to a typically digital asset (ie a shitty JPEG), its owner, and the associated smart contract...
...“People buy NFTs not because they enjoy looking at a funny cartoon, and not because the hyperlink to the metadata of a jpeg file is going to provide some unique indication of ownership, they do it because...
...So it seems unlikely that JPEG Morgan is the source of the payout. It’s more likely to be related to the Allianz Global Investors “Structured Alpha” shenanigans....
...Mere proximity to this event caused numerous careers to crater faster than the value of a hash of a URL to a jpeg of a monkey....
...Verifying ownership of collectibles and licences is less eye-catching than jpegs but it could be more useful....
...Could JPEG Morgan be more of a 3MF Global?...
...Chiang outlined his thoughts in a viral essay in The New Yorker, published in February, titled “ChatGPT Is a Blurry JPEG of the Web”....
...Rather than being an escape from the platform gods, the Andreessen Horowitz-backed marketplace OpenSea has become the JPEG agora of choice and, notably, a large presence at the conference....
...Of course so much of the energy in the crypto world has gone towards trying to create money out of thin air, whether in the form of dog coins or monkey JPEGs, instead of creating durable utility and real...
...He point out that what makes this latest crypto puke extra poignant is that JPEG Morgan itself has now imploded....
...Oh look, JPEG Morgan is at it again: (Bloomberg) -- Sam Bankman-Fried’s FTX crypto exchange isexploring whether it might be able to acquire Robinhood MarketsInc., according to people with knowledge of the...
...(FT, Bloomberg, Twitter) — More on Tornado Cash (Daniel Neilson’s Substack) — JPEG Morgan profile in the Wall Street Journal (WSJ $) — Larry Summers says student-loan debt relief is inflationary (Bloomberg...
...It’s appropriate that we give the final word to the crypto clown prince himself, the JPEG Morgan that our era deserves....
...Purists hope that crypto will simply go back to its decentralised roots and build something beyond tradable JPEGs....
...But it is also possible that companies will help NFTs move from expensive cartoon monkey jpegs and other digital collectibles into something more sustainable....
...Instead FT Alphaville asked Nick Mazing, director of research at data provider Sentieo, how common JPEGs in earnings presentations were, and he said: JPEGs in SEC filings are mostly seen in 8-Ks containing...
...Last Friday the quirky crypto tycoon Sam Bankman-Fried — aka “JPEG Morgan” — sent a letter to Voyager Digital, the digital asset brokerage in bankruptcy, offering a way to cash out its customers whose accounts...
...So a blockchain-based digital receipt for a JPEG that you don’t actually own is emblematic of Britain’s future. Just marvellous....
...But once the novelty is gone and the hype fades, you’re basically left with a string of code linked to a jpeg of a pixelated punk or a bored looking ape....
...JPEGs of monkeys and fake internet money? It’s not surprising that investors feel like they’re stuck between NFT pet rocks and a hard place.” The discontent isn’t limited to the US....
...So if the number one reason is to be able to brag about it, then holding a receipt, a digital receipt for a JPEG is just as valuable as, as owning a Picasso....
...There are critics who argue that NFTs are worthless JPEGs that can be copied, therefore the market is boosted by false scarcity....
...On the “Thailand Reopening” Facebook page, which has more than 13,000 members, users have been trading tips for converting PDFs into JPEGs and Thai dates into western ones (the year 2021 is 2564 here), and...
...Spottie WiFi voice clip With this JPEG, I have a built-in audience, so I just said to myself, I want to do something nobody’s done before....
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