Line Goes Up – The Problem With NFTs

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The only viable use case for crypto was buying drugs online. Once the feds figured out how to track it , which they 100% can its use case was only to store wealth . In this case its large fluctuations makes it a scary use case

i think hank green recommended this video when it came out and i just couldn't get it. i understood the block chain but it didn't understand all of the additional technical terms. now i feel like i have enough knowledge to appreciate this video in full lol

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the plain bagel sent me here ...

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My brother in law got into BAYC early ($900 for his NFT).

BAYC dumped LOADS of coins (tens of thousands of dollars worth) into the wallets of BAYC owners when they planned to launch Apecoin.

When Apecoin was pumped and dumped, I asked him if he regretted buying in.

He said he only regretted not getting out earlier and making more money.

Speechless.

My favorite thing with Folding Ideas videos, HBomberguy videos, and Big Joel videos is hearing their voices lended to each other’s videos. It’s a sweet little thing

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so, basically a cult... wondering why people never fail to fall for it like this since forever

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NFT and Crypto, A gambling addicts antidepressant.

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This is good but his tone is so insufferable. What happened to the world? Has it always been filled with people who do nothing but criticize?

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So I've recently come back to this and I'm currently in "5. The Unbearable Cringe Of Crypto". And while yes, the entire NFTITS thing is undeniably cringe, I find something oddly wholesome about the one guy who was like "Hey, if this is making money, can we give to breast cancer research too?"

Yeah, the motive is almost certainly "Save the boobies lol boobs are sexy", but it's still surprisingly sweet, considering how low the bar is.

its late 2024 and i still come back to this video!

Has anyone tried a hybridization of stake and consensus validation?

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humans are so evil holy shit, i dont wanna live here anymore

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Let me get this straight. A buyer of memes was literally named something that sounds like "Fartin Fartin Fart".

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3rd qtr 2024 Open Sea is about to be shut down for the financial speculation market it is.

I hate the fact that I've known every single piece of crypto jargon you used in this video. The human brain only has so much space, I wonder what useful pieces of information I've lost...

That might be the best 5 minute summary of the 2008 financial crisis I've ever heard, bravo.

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Thanks for the breakdown! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?

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It's 2024. NFTs have fallen entirely out of relevance, being kept on desperate life support on Facebook by owners who trade between each other without realising they're just shuffling money & generating no more "value".

The need to use the phrase "abstract trust relationships" in a description of how to solve disagreements I think speaks a lot to how completely tech bros have disassociated from anything resembling humanity.