Square Enix and Crypto

[Iscah]

Those are all just people playing for fun. This statement is obviously purely from a financial point of view, CEO's don't care about hunt trains lmao

What other definition in the current setup can you find for "people who are motivated to contribute and make the game more exciting"?

[DinahDemiurge]

To be fair, bitcoin and proof of work does not hurt the environment. In fact, it helps the environment by incentivizing development in cheaper, renewable energy(your profit goes down if you use dirty expensive energy by design). Second, NFTs are huge scams but NFTs have nothing to do with bitcoin or proof of work. Just to be clear.

[Hasrat]

What other definition in the current setup can you find for "people who are motivated to contribute and make the game more exciting"?

"People who will buy into the scam because it's the Hot New Thing, with no real regard for the game."

[Fawkes]

What other definition in the current setup can you find for "people who are motivated to contribute and make the game more exciting"?

"Making the game more exciting" means giving SE money in this context. Like if a billionaire drops a ton of money on a flash-in-the-pan mobile game then that game might get updates it wouldn't have gotten otherwise.

Some rich people like to throw their money into pits for fun, and SE is saying "hey what if we had a pit for them to throw money in?"

[Seraphor]

To be fair, bitcoin and proof of work does not hurt the environment. In fact, it helps the environment by incentivizing development in cheaper, renewable energy(your profit goes down if you use dirty expensive energy by design). Second, NFTs are huge scams but NFTs have nothing to do with bitcoin or proof of work. Just to be clear.

Considering you can still make a profit using dirty energy, you just make 'less' than using cheaper renewables, this is utter nonsense.

[Zarkovitch]

Did Vic Chaos have meeting with President of SE. Be ready to lose money SE. Because IP's property doesnt exist on NFT world my boy, I change it my ip. Cloud with green hair my ip now. Oh sora with blond hair my ip! What? It is art you cannot understand it.

[Exosapien]

What other definition in the current setup can you find for "people who are motivated to contribute and make the game more exciting"?

I mean you're just looking at it from the PoV of FFXIV. SE is massive, and they aren't talking about a single MMO or just multiplayer games. They're speaking from the point of view of making games as a whole, not just FFXIV. This isn't Yoshida. This is the CEO of a publisher that Yoshida's entire team only works for.

[OtakuSempai]

To be fair, bitcoin and proof of work does not hurt the environment. In fact, it helps the environment by incentivizing development in cheaper, renewable energy(your profit goes down if you use dirty expensive energy by design). Second, NFTs are huge scams but NFTs have nothing to do with bitcoin or proof of work. Just to be clear.

Proof of work is still orders of magnitude more inefficient than even a Visa transaction. The criticism is still valid.

[DinahDemiurge]

Proof of work is still orders of magnitude more inefficient than even a Visa transaction. The criticism is still valid.

You seem to be confused. The proof of work mechanism is a competition to write transactions to the ledger, but has nothing to do with the transactions themselves. If you are talking about raw throughput, things like Segwit and Taproot reduced the blockweight of transactions, plus the lightning network completely demolishes Visa in cost per tx. Further, here is an article for you regarding environmental impact: https://hbr.org/2021/05/how-much-ene...tually-consume .

[Ezzeloharr]

To be fair, bitcoin and proof of work does not hurt the environment. In fact, it helps the environment by incentivizing development in cheaper, renewable energy(your profit goes down if you use dirty expensive energy by design).

This is disingenuous at best (and naïve at worst). There's no evidence that the expansion of PoW-type crypto has had any impact on clean energy production. You may as well be arguing that burning coal is actually good for the environment because once we run out of coal, well, we'll simply have to find alternative sources of energy.

I purposefully avoided making the environmental concerns around crypto the thrust of my post because I thought it would ward off bad faith arguments like this.

Second, NFTs are huge scams but NFTs have nothing to do with bitcoin or proof of work. Just to be clear.

This is also disingenuous; my OP did not discuss "bitcoin", but "crypto" in general. Moreover, the Ethereum blockchain, which is one of (if not the) main blockchain for trading NFTs still runs on PoW. Yes, proof-of-stake has been proposed as an alternative, and Ethereum claims to be heading in that direction, but let's not pretend that Ethereum is there yet.

In short, please don't post falsehoods masquerading as the truth.