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Line Goes Up – The Problem With NFTs

If someone pitches you on a "great" Web3 project, ask them if it requires buying or selling crypto to do what they say it does. Sources and Further Reading https://web3isgoinggreat.com/ https://tante.cc/2021/12/17/the-third... https://davidgerard.co.uk/blockchain/... https://amycastor.com/2021/03/14/meta... https://www.stephendiehl.com/blog/cry... https://blog.mollywhite.net/blockchai... https://www.motherjones.com/politics/... https://twitter.com/davetroy/status/1...   / cryptocurrency-is-garbage-so-is-blockchain     / fintech-is-a-scam-a-listicle-in-eight-parts   https://naavik.co/business-breakdowns... https://www.gawker.com/culture/the-fu...   / nfttheft   https://www.theatlantic.com/ideas/arc... https://www.gamesindustry.biz/article... https://www.technollama.co.uk/platfor... https://davidgerard.co.uk/blockchain/...   / bitfinexed   Written and performed by Dan Olson Crowdfunding:   / foldablehuman   Twitter:   / foldablehuman   00:00:00 Preface 00:01:12 0. In 2008 The Economy Collapsed 00:07:09 1. Bitcoin 00:18:18 2. Ethereum 00:24:34 3. The Machine 00:39:07 4. NFTs Exist To Get You To Buy Crypto 00:57:54 5. The Unbearable Cringe Of Crypto 01:11:46 6. A Self-Organizing High Control Group 01:16:57 7. Crypto Reality 01:25:36 8. There Is No Privacy On The Chain 01:32:52 9. If This "Looks Like Scam" Then Every NFT Room I'm In Looks Like Scam LOL 01:38:29 10. Play To Earn Exists To Get You To Buy Crypto 01:46:39 11. We're All Gonna Make It And By "We" I Mean "Us" Not You 01:56:08 12. DAOs Exist To Get You To Buy Crypto 02:13:21 13. I Know It's Rigged, But It's The Only Game In Town