Non-Fungible Tokens (NFTs)

Sorry to be a hater but as someone who has run a business around collectibles (vinyl records) and worked for independent artists... ...NFTs are just shadow money, generated by artists, passed onto consumers.

if people are so "exhausted" by the predictability and volume of meme culture, NFTs can be seen as a way of "professionalizing" memes and liberating ordinary people from having to care and participate

1/ Wealth is a claim on other people's time There are a lot of theories on what money is, on what wealth is. Economists have written very long books on this. It is debt, it is the evolution of barter, it is an information system, etc, etc. All of these are true... See more

Demystifying NFTs: (A thread)