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Benefit of the hindsight
(sub.wetshaving.social)
cross-posted from: https://sub.wetshaving.social/post/2511739
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this post was submitted on 02 Jun 2025
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Anti-Corporate Movement
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This community is the first one on lemmy of its kind. It sits between the idea of anarchism/anti-capitalism and left leaning economic policy.
Our goal is to make people aware of the dangers of corporate control, its influence on governments and people as well as the small but steady abrasion of empathy around the world indirectly caused by it.
Current topics this includes but is not limited to:
- Meta's entry into the fediverse
- Game companies putting gambling mechanics in childrens games
- Embracer groups buyout and closing of smaller game studios
- IP trolls destroying small companies and keeping progress back for profit
Feel free to debate this but beware, corporate rhetoric is not welcome here. If you have arguments, bring them on. If its rhetoric trying to defend the evil actions of corporations, we will know and you will go.
Our declared goal so far is to have all companies and individuals worldwide capped at 999 mil USD in all assets, including ownership of other companies, sister companies and marital assets. The reason for this is that companies (and individuals) are not supposed to resemble small(?) countries with a single leader(-board) and shareholder primacy. Thats why we feel like they must be kept in check indefinitely.
But companies will just wander off The argument that large companies will just wander off is valid, which we embrace. We dont need microsoft, apple, google, amazon and other trillion dollar companies. There are small competitors being kept small and driven into brankruptcy by anti competitive behavior of these giants or simply bought up and closed. If starbucks left tomorrow, we would not have an issue with this.
But then we have x little microsofts that all belong to the same person(s) If in fact nobody was allowed to accumulate more than 999 mil in assets, they would not be able to own all these. And like defending agains burglary, it is not about complete defence but time and effort. You only have to keep the thief occupied long enough for them to be caught, give up or make a mistake.
But these giants have tons of IP which would then limit our growth Thats another topic we must touch on. We will (only this one time) take a page out of russias playbook and demand that IP of non complying companies (assets over 999 mil USD) will be declared invalid, which opens them up to be copied.
But then they will "live" in one country that doesnt accept this Correct, and they should be taken into custody the moment they enter the airspace of a country that supports this act.
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But the enforcement can actually be built in and automatic with these smart contracts. This and chain of custody are probably the two most, maybe only, legit reasons to use block chain.
The enforcement has to be done by people. The thing that decides if your ticket is valid for entry to the event is a person. All an NFT does is add a bunch of unnecessary complexity on top.
Scalping does not happen because there's not enough technology involved.
No, the ticket can invalidate itself if/when it is resold. Hell you could take the human completely out of it and theoretically make the entrance a turnstile that scans your ticket and won't open for an invalid ticket.
Cool, but that's not what is being discussed.
Ok, I have a few questions on how the nft tickets would work in your world: What would they scan at the turnstile? If its simply a qr code then why not simply sell a screenshot of the qr? If it does some kind of transaction to verify that you have the wallet then who would pay the fees? They could also just create a wallet for each ticket and sell the wallet... Would the tickets you buy directly at the venue also be nfts?
It is what's being discussed. NFTs add nothing.
What your suggesting is worse than just having a person at the door check that the name on the ticket matches the name on the person's ID. Doing it as an NFT gives absolutely no benefits.
The venue could operate the turnstile much cheaper by keeping the ticket information in their own database. It's far cheaper to do it that way. The NFTs give literally no benefit to anyone.
If you continue to ignore the benefits, then yes it will seem like there aren't any. You're being willfully ignorant at this point.
It's cheaper to maintain your own codebase, hire admins to maintain the infrastructure, hire security experts to maintain the security of the infrastructure, and to take on all the risk of potential data breach and fraud on your own? You live in a fantasy world.
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Every professional venue already does this. You can just go on the internet and buy the ticket for the seat. All of the work that you think is fantastical is ordinary and standard.
Adding a blockchain to the end of that process makes it more expensive, and offers no benefits to the venue or the ticket buyers.
Not understanding how an industry works is not a compelling argument for NFTs.
Most venues currently outsource this to ticketmaster which encourages ticket resale. Also, just because a place is already doing it doesn't mean it's the cheapest or even most effective way of doing something.
Many venues self host. Many venues have their own box office that handles ticket sales.
Resale from ticketmaster happens because of ticketmaster's policies. NFTs are not the solution. If ticketmaster benefits from scalping, they will continue to have scalping regardless of the underlying technology. Blockchain is a solution in search of a problem.