# NFT's are Fundamentally a MLM-Type Scam Designed to Get You to Buy Crypto

**URL:** <https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814>\
**Category:** Out Of Pod Experience\
**Created:** [January 22, 2022, 4:48am UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814 "2022-01-22T04:48:11Z")\
**Posts on this page:** 20\
**Page:** 24

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 12:19pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/486 "2022-02-13T12:19:26Z")

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Thank you for admitting you were wrong all along.

The first step towards wisdom is to realize you were an idiot.

In your case, you were an idiot for not knowing what are ASIC and GPU yet claiming they are the same.

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 1:00pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/487 "2022-02-13T13:00:16Z")

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> **[The NFTs They Bought From The Crypto Rapper Disappeared. Now They Want A Refund.](https://www.buzzfeednews.com/article/sarahemerson/crypto-rapper-nft-opensea-owner-money-laundering)**
>
> In the aftermath of the DOJ’s announcement of a $4.5 billion crypto laundering scheme, NFT owners want OpenSea to stop treating their goods like evidence of a crime.

> “This idea that because something is happening via crypto it doesn’t fall under the same laws and rules that exist for every other transaction is wishful thinking by libertarian utopians,” Poppy Alexander, a partner at SEC whistleblower law firm Constantine Cannon, told BuzzFeed News.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 4:14pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/488 "2022-02-13T16:14:13Z")

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A mining ASIC is a muilticore processor similar to a GPU. fact.

I bet now you will try to tell me an ASIC isn’t a processing unit.

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**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 4:40pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/489 "2022-02-13T16:40:21Z")

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> [@Aaron](#):
>
> A mining ASIC is a muilticore processor similar to a GPU. fact.

No it’s not.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 4:40pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/490 "2022-02-13T16:40:53Z")

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So answer my original question then, what is an ASIC?

Asic does not describe what it is, lots of things can be an Asic.

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 4:42pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/491 "2022-02-13T16:42:54Z")

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> [@Aaron](#):
>
> So answer my original question then, what is an ASIC?

Application Specific Integrated Chipset.

I did not know you were THAT ignorant.

> [@Aaron](#):
>
> Asic does not describe what it is, lots of things can be an Asic.

Yes it describe very clearly what it is. That’s what you don’t get.

Just because you can have ASIC for basically any application, does not mean that any chip is an ASIC.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 4:44pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/492 "2022-02-13T16:44:37Z")

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Application Specific Integrated Chipset \<\<\<

No, it stands for Application Specific Integrated CIRCUIT. Are you trying to move the goalposts of your weak argument?

A circuit can be a gpu or a cpu.

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 4:49pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/493 "2022-02-13T16:49:27Z")

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> [@Aaron](#):
>
> No, it stands for Application Specific Integrated CIRCUIT. Are you trying to move the goalposts of your weak argument?

I was asking your question. Sorry that my knowledge is not based off wikipedia.

YOU are trying to move the goalpost when you say that GPU and ASIC are the same.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 4:51pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/494 "2022-02-13T16:51:48Z")

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> [@Anderson\_Geten](#):
>
> YOU are trying to move the goalpost when you say that GPU and ASIC are the same.

So what exactly is an ASIC then.? It does not describe the processor found at the center of an “asic” What term can accurately describe the processor in an “asic” ?

Is an ASIC chip the central processor in an ASIC miner?

How do you refer to a chip/circuit that has lots of cores on it, and is the central processor for a device?

Are you now claiming an “ASIC” does not have a central processing unit?

I will start referring to the new AMD RX 6500 and 6400 as ASIC’s due to them not having a compute mode and them only being good for gaming.

Application Specific = It is only used for gaming  
Integrated Circuit = It is an integrated circuit.

Are we in agreement that the RX 6500 is an ASIC?

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**Author:** ![Shipwreck\_Jones](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/shipwreck_jones/32/274382_2.png) [@Shipwreck\_Jones](https://forums.eveonline.com/u/Shipwreck_Jones)\
**Post date:** [February 13, 2022, 6:09pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/495 "2022-02-13T18:09:40Z")

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Well, to be fair, there are non-criminal reasons why you’d want to hide transactions:

- Gift for your husband/wife
- Spending money that hasn’t been approved by your wife
- Porn/Sex Toys/Dominatrix/Mistress
- Psychiatrist (not a big deal in the states anymore, but there still might be places where seeing a psychiatrist still carries a social stigma.)
- Buying Lion’s tickets

 ![image](https://global.discourse-cdn.com/eveonline/original/4X/a/2/9/a29b9a04eb024a87bd1a27c6035ce434c3e67cae.jpeg)

Additionally, I am a private person. Even if we lived in a sane world, I would have no inclination of broadcasting my life to the world -and we don’t live in a sane world. We have things like cancel culture AND alt-right culture-war assholes trying to get people fired, video game players making real-life threats, cyber stalking, and governments trying to identify, track, and/or entrap political dissidents. So, I can definitely see why even law abiding citizens would want to remain anonymous.

Unfortunately, however, you have to go out of your way to remain anonymous while using crypto -and that’s assuming that government isn’t trying to track you. If you’re trying to hide from your government, things get much, much harder. Hell, even the Bitfinex hackers got caught, and they certainly have more expertise when it comes to this stuff than I do.

Of course, the inability to remain anonymous while using crypto is good if you’re trying to combat crime and tax evasion, but it also means that one of the supposed advantages of crypto is pretty much BS. I mean sure, you can remain anonymous. But, it requires additional technical expertise and effort, and if you make a mistake, they gain access to every transaction you’ve ever made.

Oh look, an immutable, exhaustive, and public record of every transaction ever, and crypto exchanges requiring identity verification -what could go wrong?

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 6:15pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/496 "2022-02-13T18:15:19Z")

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> [@Aaron](#):
>
> What term can accurately describe the processor in an “asic” ?

If there is a processor inside, then it’s a processor . The answer is in the question.

You are trying to distort the terms to make them fit your narrative. That makes no sense.

> [@Aaron](#):
>
> Application Specific = It is only used for gaming

gaming is an activity, not an application.  
Again, if you have a “computing” mode then by definition it’s not an ASIC - it’s a GPGPU.

You just have no idea what you are talking about.  
Educate yourself before spreading your ignorance.

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<div class="post-metadata">

**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 6:34pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/497 "2022-02-13T18:34:23Z")

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> [@Anderson\_Geten](#):
>
> If there is a processor inside, then it’s a processor . The answer is in the question.

Right, it’s a processor.

If a GPU processor and an ASIC processor can both access the BTC blockchain and mine then they are similar devices with one working 10 or 20 times faster than the other.

Also stop trying to disagree with facts, you look dumb. Stop being ignorant, confirm your point before typing it.

A GPU can access the BTC blockchain and mine it in 2022. Therefore an ASIC miner and a GPU are very similar. Stop trying to manipulate things to suit your narrative, most normal people just ask google or find a forum where experts will tell you the answer to a question.

You are not a crypto expert, you hate crypto and think it’s a scam so please stop pretending you know technical details about crypto when you don’t.

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<div class="post-metadata">

**Author:** ![Anderson\_Geten](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/anderson_geten/32/390041_2.png) [@Anderson\_Geten](https://forums.eveonline.com/u/Anderson_Geten)\
**Post date:** [February 13, 2022, 6:57pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/498 "2022-02-13T18:57:12Z")

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> [@Aaron](#):
>
> If a GPU processor and an ASIC processor can both access the BTC blockchain and mine then they are similar devices with one working 10 or 20 times faster than the other.

They both can’t.

You are again making stupid things up.

> [@Aaron](#):
>
> then they are similar devices with one working 10 or 20 times faster than the other.

Nope.

A fly can eat poop, you can eat poop, so you are a fly ?

> [@Aaron](#):
>
> Also stop trying to disagree with facts, you look dumb. Stop being ignorant, confirm your point before typing it.

More stupidity. You call facts things that are plainly wrong.

> [@Aaron](#):
>
> A GPU can access the BTC blockchain and mine it in 2022

No it can’t. What you’re saying makes no sense.

And even if they could it would not make GPU and ASIC the same.

> [@Aaron](#):
>
> You are not a crypto expert, you hate crypto and think it’s a scam

No, I don’t think crypto is a scam. Against, more strawmen.

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**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 13, 2022, 6:58pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/499 "2022-02-13T18:58:19Z")

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Holy cow, you actually think he’s in the wrong for telling the truth? The church is the most corrupt institution on earth and when they had power they arrested, tortured, and killed people over their religion which they have never proven once but someone who actually does investigate reality they ruin. Before his time they’d give you lashes and torture you if you didn’t worship their religion. They would have killed him for his discovery, which the establishment that ruined him, never even investigated once. Just mindlessly parroting everything that was told to them while being totally clueless on the truth of reality whilst they parrot “truths” about reality while never truly investigating it themselves.

However, I wager using science is simply listening to what you say lmfao.

Either way, the real scammers are those who prevent things from moving forward because that’s exactly what the church did to mankind during its reign in power. We should already have colonies on mars.

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**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 13, 2022, 7:08pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/500 "2022-02-13T19:08:14Z")

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> [@Arumi\_Liz](#):
>
> The church is the most corrupt institution on earth

Imagine thinking an organisation itsel is corrupt. No power corrupts, that’s why after 2009 bitcoin was as bad as _your_ Church.

> [@Arumi\_Liz](#):
>
> They would have killed him for his discovery,

I just told you that was not the case. History also proves the same. Not sure what American TV show you have your history from.

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**Author:** ![Aaron](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aaron/32/379788_2.png) [@Aaron](https://forums.eveonline.com/u/Aaron)\
**Post date:** [February 13, 2022, 7:08pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/501 "2022-02-13T19:08:27Z")

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> [@Anderson\_Geten](#):
>
> They both can’t.

Can you prove this? If you are able to drop your ego and google “can you mine BTC with a GPU?” the answer you will get is;

Yes you can mine BTC with a GPU, but it will be very very slow and take you millions of years to mine a single bitcoin.

Due to the forever increasing difficulty of BTC the only thing that has changed is the processing power needed to mine BTC. Stop being stupid and look this up for yourself and read the same answer all crypto experts give you.

> [@Anderson\_Geten](#):
>
> More stupidity. You call facts things that are plainly wrong.

No, facts are what is apparent when say crypto experts test/create something and arrive at a conclusion, while providing evidence.

I can confirm this as I am actually able to download CGMiner or MultiMiner and begin mining BTC directly. As I said the profit will be non existent due to the GPU’s hashing too slow. But essentially they are performing the exact same function as an ASIC…just very slowly…due to the difficulty level BTC has now reached.

So get your facts straight before tryping, and before responding actually take time to look at the proof I have provided by looking at and understanding CGMiner and Multiminer, if you can’t do this before typing you are ignorant for trying to push a point you don’t fully understand.

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<div class="post-metadata">

**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 13, 2022, 7:09pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/502 "2022-02-13T19:09:32Z")

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> [@Arumi\_Liz](#):
>
> the real scammers are those who prevent things from moving forward

Grown up, explain me why bank ledgers and cash ledgers in companies are not public.

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<div class="post-metadata">

**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 13, 2022, 7:11pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/503 "2022-02-13T19:11:18Z")

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When did bitcoin kill someone for not participating in it?

Also, plenty of organizations are corrupt. Every single one that tends to parrot the “truth” but never proves their truths while being held up by other’s finances are typically corrupt but I get it, you’re le \>.\< mad now and are on the attack. Good boy, now heel.

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<div class="post-metadata">

**Author:** ![Aedaxus](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/aedaxus/32/393915_2.png) [@Aedaxus](https://forums.eveonline.com/u/Aedaxus)\
**Post date:** [February 13, 2022, 7:11pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/504 "2022-02-13T19:11:25Z")

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explain me why bank ledgers and cash ledgers in companies are not public.

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<div class="post-metadata">

**Author:** ![Arumi\_Liz](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/arumi_liz/32/276823_2.png) [@Arumi\_Liz](https://forums.eveonline.com/u/Arumi_Liz)\
**Post date:** [February 13, 2022, 7:12pm UTC](https://forums.eveonline.com/t/nfts-are-fundamentally-a-mlm-type-scam-designed-to-get-you-to-buy-crypto/346814/505 "2022-02-13T19:12:04Z")

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Banks need to be brought to their knees for their corruption as well but governments around the world, including yours probably, tend to bend the knee to them because they’re under a spell about currency in general.

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