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The Problem with NFTs (youtube.com)
87 points by revorad on Jan 22, 2022 | hide | past | favorite | 10 comments



After watching my skepticism moved to up a few notches to complete distrust of this entire field.


It's easy to simplify this to NFTs are a grift.

They are simple pointers to URLs.

They have no inherent value

They do not qualify as ownership of the resource

They are as much cryptocurrency related as Git. (I.e. they reside in a Blockchain.) No more than that.

Stay well away from them, they are a scam and a grift.


Sometimes I think they are an interesting way to support fledging content creators. Then again, Patreon, virtual tip jars, and other approaches already let you support creators.


also stay well away from milk. you don't need it.


Great documentary. It manages to present NFTs to a non expert audience. And I found a few interesting details that I was unaware of.


Dan Olson continues to hone is craft with a another painstakingly researched and shot documentary.


I watched this in its entirety and left feeling stunned by much of it. I didn't know a _lot_ about NFTs or cryptocurrencies, just the basics. For anyone who knows a lot about this, is there information that was omitted here that I should be aware of? Or should I indeed distrust these entire industries?


absolutely incredible! required viewing for anyone brainwashed by Crypto bullsh*t


file this under reaction videos. he's reacting to the hype. this is no different than saying "the problem with YC" and only focusing on the last 5 batches.


This is incredibly well researched & well made. I was hooked for the full 2 hours!




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