Coizu

Crypto people talk about it. No one besides crypto enthusiasts see it as a viable solution for ownership proof for example since you need to have a central authority that honors that ownership anyway. Decentralization makes no sense here (like it is with pretty much everything crypto claims to solve). I also hate where the discussion is going here. If you dislike something Mike is doing you are suddenly a hater? I was always more interested in what Mike did, went to every possible FM/MS show, watched every single stream for more than one year, etc and now suddenly I am a hater because I have a critical view of what he does? People get on twitter levels of „I have to protect my favorite artist, no matter what“ on here and it‘s embarrassing.

If a person is promoting and participating in something that I think is morally and ethically wrong, then it will surely affect me and my opinion of this person. It‘s fine if other people don‘t care but I think it is totally understandable if people have a strong opinion here. sorry, but this is plain out wrong by now. He said things like „people think this is bigger than bitcoin“, „prices usually go up after the first mint“, „embrace the fomo“ etc. He is making people afraid of missing out on something. If he hypes up something and then puts a small disclaimer at the end it doesn‘t free him up of all responsibility.

I think there are some people (and I hope Mike is part of this group) that sincerely believe that it’s something great and revolutionary but for a big group it‘s simple: people who view it as a speculative asset and who are invested in it need a constant flow of new money into the system. It‘s the same as with crypto currencies or the stock market: once people stop pouring money into it, the prices will stagnate at best or the market will crash since people start to liquidate their assets without any new influx of money. Convincing new people to invest their money into it is the easiest way to guarantee more cash.

The image/tweet is (obviously) highly misleading but I had to laugh out really hard 😄

I wasn't sure if I should post anything here since the whole topic is so off putting to me and I lost all my interest in Mike as an artist. Instead of reconsidering his view and maybe observe the space and just doing his thing he keeps on doubling down while obviously having very limited knowledge and understanding of what he is talking about. Which is fine, he is an arist, not a tech person, so it is given that his knowledge about technical stuff is limited. But he should accept that instead of starting a completely misleading discussion. It's the same problem I have with his NFT obsession since the start: he misleads his followers about the whole NFT thing, even though he most probably (and hopefully) doesn't intend to. He is a role model to so many people and people will trust his opinion and ideas. People will put their money into NFTs just because of his opinions without understanding what they are getting into. In the end it's their own fault, but he has to be aware of his position and act accordingly. He did that very carefully in the start but I feel like that's completely lost and it's getting worse and worse. But I am just repeating what I posted before, here are some thoughts about a couple of the recent tweets that make it super obvious that he doesn't really know what he is talking about and why he should be more careful with the whole topic. That tweet sums up that he still hasn't quite understood what the problem with crypto regarding energy consumption is. Youtube, twitch, and every other company along those lines try to minimize their energy usage to a minimum. Every CPU cycle and therefore watt twitch is saving, is more money in their pocket. And, guess what, twitch wants to have as much money in their bank account as possible, so they try everything possible to save energy. Crypto on the other side (at least proof of work blockchains like Ethereum) intentionally wastes energy by design. Multiple useless calculations are done just to verify a transaction. Dozens of computers do really complex math, of which the result will be thrown away, just so they can tell the blockchain that they are really trying hard to keep the blockchain running and then they can confirm a transaction. When you do a payment with your credit card, one server at mastercard for example will check the balance in a database, tell the system that the transaction is fine and then just add it. Both examples are heavily simplified but it is obvious that Mastercard is doing the most efficient thing (because that's what saves them money) while crypto is doing a convoluted mess by design just to keep the system working. How out of touch can you be to not know that crypto is affecting the chip shortage that is going on since like 2 years? Every single person who wants to buy anything from a phone, a new PS5, a GPU to a car is affected by it since ages. Even toner cartridges are fucked by now because of it. If you have no clue about the part crypto plays in it you have no place of being a person who publicly defends crypto in general. People lose jobs at factories because car manufacturers can't get enough chips while he is definding owning a freaking JPEG. Obviously the chip shortage is happening because of many factors and crypto is not the only reason behind it but it is still part of the problem that puts more pressure on an already bad problem. Not a single gamer likes micro transaction. They put up with it because there is no way around it. Look at the bullshit FIFA is pulling with FIFA Ultimate Team since years and tell me that's a system we should embrace and take even further. Games like Ghost of Tsushima are possible because Sony can invest millions into a project like that. If people stop buying skins and other in game items from the developer, because they can just trade them back and forth from other persons, the publishers won't make enough money to fund huge projects anymore. I just picked out a couple of tweets where I thought I have something additional to say that wasn't already discussed broadly on twitter. There are so many more things in the twitter replies. /rant

And one day crypto bros will understand that people have informed opinions and might dislike something for valid reasons. The „crypto bros“ part is obviously a joke but being super dismissive and acting like other people just don‘t get it is super shitty behavior which is also ingrained in the whole crypto scene so one more reason not to like it.

I am confused. Brad doesn‘t show up in the credits for the song.

Yeah that was me. It was when he got partnered status. I proposed it as an incentive for subscribers. He took a note of it but I guess it will never happen.

I am afraid of a future where the proper versions are erased from the internet. How does no one at the band, management or label care about this issue? No Roads Left sounds like a joke.

I don't really get this. Music is usually created from the beginning to end with stereo in mind (excluding movie scores). Every other form/mix is just an afterthought, created with whatever was available. I wouldn't be surprised if no one in the band ever heard the surround version, let alone approving it. For me this sounds more like a fun gimmick feature to sell a service.

I am probably nitpicking here but the title sounds misleading to me. It makes it sound like the song was written as a tribute to Chester which isn‘t the case.

The logo they went with definitely aged way better than most of the other ideas. Some of them look even older than 2007.

He hasn‘t said that LP is „not done“ in ages if I am not mistaken. Also it is totally possible that they were working on new material, they didn‘t liked it and later ob decided that it‘s not working for them anymore. I am not saying that this is the case or whatever, just want to point out that those points are not a 100% indicator that they are not done.

MTM was also the time when they started headlining all the big festivals.

Just checked the site I ordered it from and there it says that shipping is estimated in May now. Wow.

Did anyone get theirs yet? Wasn‘t the release supposed to be in March?

This thread confuses me a lot.

That's the best reference I've ever seen on this forum.

Is Mike on some next level troll shit that I just don't understand? I am not sure, either he needs a break or I need a break from him.

Having different editions was never the problem. You have that with every album that gets released. It makes sense. The problem was that there were so many different versions that no one was even able to keep track of just the different vinyl versions for example. Also I can't wait for the day when this is not a common theme in every other thread anymore.

Oh that's basically what I meant that without a secondary market this will die. There is no activity in reselling those NFTs right now. Why would there be? If you want one you just have to wait a week and you can get a newly created one from Mike. No need to buy one for a higher price from someone else. And as long as there is no activity on the secondary market no one knows how prices will develop. It's as if an artist would sell a couple new painted pictures every other week. Why would you try to buy one second hand from someone else for a higher price than the original price while you can get one from the artist itself basically all the time. If people are already complaining that they are losing on their investment, that confirms to me that people started buying them because they were afraid of missing out on something huge without understanding it. If you buy a painted picture you wouldn't expect it to be resell-able at a profit (or just without a loss) within a couple of days. Man I would give so much for a MS/TR collaboration but I don't see it happening. I have no idea what Trent thinks about Mike but I don't think that that would be the kind of collaboration Trent would be up for. He seems to be very particular how and with whom he works.

Why? We don't know that. We can only speculate. Owning a digital piece of art in the way it is done by NFTs is not comparable to something we had before (at least I am not familiar with a similar system that existed before). We can't say for sure how prices will develop in the future. I personally think that what's happening right now is like a bubble and in a couple of years all these NFTs are going to be worthless because no one cares about them anymore. And even if that is not happening, the market is flooded with NFTs. Even if they stay relevant over years, just compare how many original pieces of art you were able to buy from Mike vs. the amount of NFTs he minted. Owning an NFT from Mike is probably already more common than owning an original painting from him. And that happened just within a couple of weeks. Also a lot of the pieces that he minted have like 1 or 2 bidders. Basically if someone wants to own an NFT of him, chances are high that that person will also get one right now. So no one is going to go after them in the secondary market. And without an active secondary market I don't see this whole idea working out in the long run. People who got into it as an investment will see their NFTs losing value over time, people who minted them won't see any profit from the secondary market so that argument will also lose its value etc. But yeah, we can't know for sure. It's all speculation. We will see what the future brings. Maybe in 20 years an NFT from Mike is worth a couple million dollars and I'll bite myself in the ass for not buying one right now. Who knows.

That's what I mean when I said people overthink this. It's not so hard to understand why someone would buy this. Either people are into art and they want to buy a piece of art or they see it as an investment and they can get more money out of it in the future. People get hung up on the fact that it is a digital file rather than an oil painting on a canvas or whatever. There is no difference conceptually. Also it's not like it costs millions. If you compare it with traditional art it is totally in line. An original piece of art for around $1k-$2k is nothing unusual. Hell, if I could buy an actual original painting for even $3k or more, I wouldn't even have to think about it for a second. I still think that morally this whole NFT thing is just bad and I lost a lot of respect for Mike. Not because of the environmental issues but because of my perception of crypto as a whole (I am basically of the opinion that the whole crypto scene is a pyramid scheme. I don't want to bore people with my rant about that once again though).

The art itself is pretty straight forward. It is multiple computer graphics rendered scenes accompanied by music. The theme of the scenes seem to be topic of 3D computer graphics in general. I think people start to overthink this stuff now.

Of course it wouldn't but that wasn't my point at all.