NFTs 101 — Why NFTs Are a Generational Innovation

Here’s an even crazier article from 1984 denigrating calculators and claiming that slide rules were just as effective and quick, with the added undeniable advantage that your slide rule would never run out of battery power.

In the course of the past month and change, I’ve become progressively more and more convinced that NFTs are one of the foundational technological revolutions of our generation — and once I actually started buying NFTs myself, this abstract conviction became visceral certainty.

Digital art can also transcend the static possibilities afforded to physical art, and create and discover entirely new art forms, such as generative art, which is art made with the aid of computer algorithms or even AI neural networks and other technological innovations entirely impossible in the real world.

Two months before the Wright Brothers took flight, the New York Times ridiculed the attempt to achieve flight, estimating it would take between 1–10 million years for humans to actually succeed at the endeavor. The New York Times — 1 million years.

For the first time ever, NFTs enabled provable digital scarcity that no one could violate (more on this later), and also inherently gave all ownership and transfership rights to the owners of the NFTs. No longer did the corporation behind the game have any right or any power at all to dictate what a user could or couldn’t do with their digital card... See more

Here’s another favorite compilation of lambastations on Apple from its early days. Apparently the advent of a GUI was lamented as much as the calculator — there was even a study that suggested students were dumber when they used GUIs over command lines.

NFTs are the real deal, just like the internet was and is the real deal, despite the dot-com bubble being wildly overhyped and many people proclaiming the internet at the time just a complete fad that would fade away with time. Time has proven that anything but that has happened in the end, and ultimately today, far from the internet being a transi... See more