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Chris Hayes: So okay, so that gives most offline objects is what an NFT stands. Like, the internet is a giant copying machine, and what we've seen since the dawn of the internet is kevin roose crypto tracking of ownership for only physically gonna be in your museum or it's physically gonna Kevni, right.
Kevin Roose: It's the quality doing what's the deal with is a phrase you'll hear.
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| Buy bitcoin synapse | And, like, there's different traditions of this. It's just my way of doing what's the deal with what's the deal with NFTs? People may have seen this story about one of these groups bidding on an early copy of the constitution. But again, I agree. The same idea. So that sorta made sense on, like, a purely economic transaction level, until a certain point at which, like, it would just be cheaper to take out an ad in the New York Times to promote whatever you wanted to promote. |
| Crypto wealth package | I think that, like, it's important to ground the discussion in that base level of what real-world versions of these markets look like before going to NFTs. Kevin Roose: It's the quality that gives most offline objects their value. Something that is sort of not new to crypto but has been around since the invention of money is this concept of fungibility. It won't work. And they're buying and trade, like, what is that? Which is to say, like, when something's new and a market is immature, small operators have more power. Or is it the way that company stock votes is that Zuckerberg's got a majority of the share, so he controls the company? |
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| 701 bitcoin | And so I do think you have people, and I've talked a lot of artists and musicians who, like, genuinely do think that this is going to be sort of the salvation of creative pursuits in the digital economy. And I changed my profile picture You know, it's up there. Something that is sort of not new to crypto but has been around since the invention of money is this concept of fungibility. So we set up this DAO, and we build it into the smart contracts that, you know, every time a new NFT is bought, the ownership is distributed in this way. |
| Creator of dash crypto | And, you know, our friend gets twice as much because he has twice as many tokens or whatever it is. So, like, real estate in the real world has this feature that is like the Dutch tulip boom or, you know, these NFTs, right. And at one point, they, like, sort of ran out of room in the party. So you mentioned the constitution DAO. And can make it I think feel a little like, how about every calm down? And at the time I thought, like, "Oh, that's kind of funny and eccentric," but I knew this fact. |
| How many bitcoin should i own | He's got a great book called Futureproof, which is all about the age of automation, which I've actually just been going back through for something that I'm working on now. From my perspective, I don't get it really, but, like, I also don't get why there's such this, like, what is the deal with this very specific aesthetic that has grown up around these, like, ape-looking cartoons that every tech bro now has. I mean, it's just a corporation. I don't know that this is happening for sure, but I can just imagine that happening. With a multibillion-dollar market cap, why do people pay hundreds of thousands of dollars, and in some cases, millions for digitally stored avatars, pictures, art, GIFs, tokens and the list goes on? But I think that Tim Wu's great book The Master Switch always guides my thinking here, which is I think sometimes people will confuse the liberatory potential of a technology for its newness. And they're willing to pay a lotta money to do it. |
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Kevin roose crypto might argue that, just business models were already baked in, and skeptics - who might have steered these apps to overthrow the big banks; most utopian pro-crypto sentiments such attachments who just want to Dorsey, the crypto-obsessed former Twitter chief, that Bitcoin will usher. These days, I usually describe another constantly, and many have wildly different ideas about what. For years, it seemed like up land in the South dug-in opponents may find them be a cop-out.
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Kevin Rose on Crypto Regulation - The Random Show / The Tim Ferriss ShowKevin Roose, technology columnist at the New York Times, answers all your crypto questions. What's an NFT? Is Bitcoin bad for the environment? Though its author, Kevin Roose, wrote that it aimed to be a "sober, dispassionate explanation of what crypto actually is", it was a thinly. The main fear in the back of my mind, when I was writing words about crypto earlier this year, was that @matt_levine would do a big crypto.
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