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TopicDan Olson explains how Cryto and NFTs are way, WAY worse than you thought.
wiiking96
01/23/22 2:11:20 AM
#12:


Doe posted...
I dont really listen to / watch video essays anymore, they are the enemy of brevity and anyone can make one

Like you really don't need 2+ hours to explain why NFTs don't meet any reasonable or useful definition of "ownership" (an NFT of an image by itself is no more interesting than if DaVinci sold you a receipt for the Mona Lisa that gives no control over the art).

Nor to explain why it's delusional to believe that financial firms aren't fifty steps ahead of the retail investor crypto mob (financial firms learn from experience, mobs do not).
The video goes into detail regarding the technology behind cryptocurrency, the history of the movement, and the internet communities that exist around all of it. I guarantee that virtually everyone who watches it will learn something new.


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