Blockchain: Bullish CEOs, Sketchy Extensions, and Domain Parking?

The Web3 Hype Train Just Keeps Chugging, Despite All the Red Flags

Alright, let's get this straight. I'm supposed to be excited about "blockchain art" and AI-powered domain parking in the year 2025? Give me a freakin' break.

Blockchain Snake Oil, Still on Tap

So, Tad Smith, ex-Sotheby's CEO, is "bullish" on blockchain art? Color me shocked. These guys never learn, do they? It's always the same song and dance: "revolutionary technology," "democratizing access," blah, blah, blah. Translation: "We're gonna pump this thing up, sell it to suckers, and then run for the hills when it collapses." I've seen this play out a million times. It's like watching a rerun of a terrible sitcom. According to a recent article, Why former Sotheby's chief executive Tad Smith is bullish on blockchain art, the former CEO is still very interested in the space.

And what exactly is "blockchain art" anyway? Overpriced JPEGs with a fancy certificate of authenticity? Last I checked, art was supposed to, you know, mean something. It's supposed to evoke emotion, challenge perspectives. Not be a status symbol for crypto bros trying to flex their digital wallets.

I'm not even going to get into the environmental impact of all this nonsense. All that wasted energy to mint NFTs that nobody will care about in five years... it's criminal.

AI Domain Parking: Because We Needed More Spam

Oh, and let's not forget about the brilliant minds who are using AI to automate domain parking. Because the internet isn't already cluttered enough with garbage websites filled with ads. Now we're going to have AI-generated garbage websites? The irony is palpable.

D3Serve thinks they're so innovative with their "System and Method for Automated Domain Advertising Using Artificial Intelligence With Language and Retrieval Augmented Models." Catchy name, guys. Really rolls off the tongue.

But wait, are we really supposed to believe the patent office is staffed with superheroes who know everything?

Here's how I see it: some dude buys a domain name, throws it into this AI system, and then BAM! Instant website filled with contextually relevant ads. Except "contextually relevant" probably means "aggressively intrusive and borderline malware."

I can already see it: I accidentally type "amazom.com" and end up on a site selling knock-off Viagra with a side of phishing scams. Thanks, AI!

Speaking of phishing scams, did you hear about that fake Chrome extension, "Safery," that was stealing Ethereum wallet seed phrases? They were encoding the phrases as Sui addresses and broadcasting microtransactions. Seriously, who comes up with this stuff? It's like a Bond villain designed a heist for crypto. Fake Chrome Extension "Safery" Steals Ethereum Wallet Seed Phrases Using Sui Blockchain, according to The Hacker News.

I actually saw a guy on Reddit bragging about making $5000 a month parking domains. I asked him what he did, and he sent me a link to a "passive income" seminar. I hate passive income seminars.

Circle Jerk

And then there's Circle launching their "Onchain FX Engine" on the Arc blockchain. Okay...

I swear, every time I try to understand what these companies are actually doing, my brain starts to melt. "Onchain FX Engine"? Is that even English? It sounds like something out of a bad sci-fi movie. I'm getting a headache just thinking about it.

Maybe I'm just getting old. Maybe I'm out of touch with the "future of finance." But honestly, all this blockchain and crypto stuff just feels like a solution in search of a problem.

I'm not saying there's no potential for blockchain technology. But the hype has far outstripped the reality. And the amount of grifters and snake oil salesmen in this space is truly astounding.

So, What's the Real Story?

It's the same old story, repackaged for a new generation of suckers. The promise of easy money, the allure of cutting-edge technology, the fear of missing out... It's a potent combination. And it's one that's been used to separate fools from their money for centuries.