Non-Fungible Tokens (NFTs)

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

NFTs make art, music, writing, games, and other creative content more abundant, not more scarce.

NFTs = property rights We just added property rights to the internet, a place w/ 4.6 billion ppl What happens when you add property rights to an economy that didnt have any? in 1978 China (1.2b ppl) added property rights to its economy, 40 years later = worlds... See more