Someone paid $5.43 million to the NFT for Tim Berners-Lee's theory of Internet origins.

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Someone paid $5.43 million to the NFT for Tim Berners-Lee's theory of Internet origins.

Sir Tim Berners-Lee, who may or may not have been in on the ecologically unsound NFT hype, walked away with a whopping $5,434,500.

His complete set of NFT files sold at the historic auction house Sotheby's for a frankly unpleasant sum. The names of the owners of some of the files, which are digitally signed representations of the foundations of the Intermah Web, were not revealed, but apparently half of the bidders were new clients of Sotheby's.

Lord Barnster, the real founder of the Internet, no doubt amassed some assets from the 9,555 lines of code.

In other words, his net worth is probably around $10 million compared to people like Larry Page ($112 million) and Sergey Brin ($109 million), whose ideas created the index. So I don't necessarily begrudge him a 54% increase in his bank account.

But the fact that he wrapped his digitally signed file package, which included a poster of the source code, an animation visualizing it, the actual code, and a letter from Sir Timbo, in the NFT, pushed people over the edge. [You may not be familiar with NFTs (Non-Fungible Tokens), which are essentially touted as a way for artists to secure proprietary ownership of their digital assets. However, there have been numerous instances of artists appropriating the work of others and wrapping it up as an NFT, effectively stealing it officially and permanently.

The main reason we condemn NFT, however, is the use of blockchain technology for NFT security. Blockchain technology is the same technology as earth-destroying cryptocurrencies, and while it consumes vast amounts of power, it produces nothing of any real value.

And it has swallowed up quite a few GPUs for gaming.

But it may be a kind of hypocritical attitude for us PC gamers not to be too active in blockchain, even though power-hungry desktop rigs themselves are not ecologically sound. ......

Anyway, Sir TBL is a big fan, claiming that it is "perfectly in line with the values of the web." However, I am not sure if he is really referring to the environmental impact of the Ethereum network, which is often used to mint NFT's.

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