User 6529 on Twitter wrote a very interesting analogy: 1/ On Real Estate You invest in real estate – the largest and most tangible asset class in the world. You don’t believe in any of this NFT mumbo jumbo. What you are just buying a token? The JPG is somewhere Read more…
Trader University explains the fallacy of smart contracts as an excuse to use any other blockchain. In this video, I discuss the economics of utility tokens that are used to power smart contract networks, like Ethereum, Solana, and Avalanche. I am skeptical that utility tokens (like ETH as gas) can Read more…
Seriously, that’s the best analogy. Michael Saylor mentioned it in the talks with Robert Breedlove, What is Money. If you’ve seen the show Heroes, you’ll understand what I’m talking about. 00:08:18 – George RR Martin SuperHero Theory from “Wild Cards” 00:09:19 – Indestructible trumps deadly 00:10:45 – Antifragile is superior Read more…
NFTs are the Wild West for legal purposes. It’s all really new, and the following article by Binance clears up some of the confusion and adds up some more on top. I mean, patent issues? Yeah, they’re right. Programmable NFTs can be patented. They shouldn’t be, but they can. As Read more…
Elon Musk, Paris Hilton, Michael Saylor. That Binance guy. Some are debatable, but whatever. This is art. Get the collection from BitIcon on OpenSea.
This article made for a good read on NFTs https://www.linkedin.com/pulse/why-2021-year-non-fungible-tokens-nfts-ruben/ It was posted in January of 2021, so he kinda got it right? NFTs were a big thing this year, especially with Beeple’s record NFT sale of 60 million or so. Even with the bubble bursting the article is still Read more…
I stumbled on Async.art, it’s an NFT marketplace for programmable artwork. It’s a neat gimmick, for sure. I kinda like these things, but I feel like it’s too much work for a result that is meh. There are programmable art pieces that follow the night and day cycle, others that Read more…
Gary Vee on NFTs. And a short but very valuable clip on why you shouldn’t waste time convincing people. Stop wasting time explaining NFTs to people. They’ll get it when they’re everywhere. I like how he talks about social currency and how ubiquitous wearing brads is, like Nike or Dolce Read more…
If you’re like me, you’re constantly baffled by the utter crap that’s been peddled as art for insane prices, sometimes millions of them. My general rule is that if someone tries to act superior and “Oh, you wouldn’t get it,” then they’re full of pretentious crap and you should stay Read more…
Andrej Jikh in this video started to explain the differences between Bitcoin and Ethereum and ended up talking about the disruption of every major institution on the planet, about the Kardashev Scale and about the future of civilization. At the 6:21 spot he talks about Milton Freedman who predicts the Read more…