NFT's explained (tl:dr it's a ponzi scheme)

[sarren]

Link from muccamukk, What the Hell are NFT's. an explanation on youtube basic enough that even I understood it.

Comments

[sandrine]

I watched this because I heard more complex explanations before that made me think, "I probably don't really understand what's going on, because what I think it is can't be real because it's so stupid". But it turns out I actually did understand it right. It's just so monumentally stupid that it sounds like it's wrong. /o\

[muccamukk]

That was my mother's exact reaction.

[tinny]

Thank you! I hate having to listen to videos if I can have a textual explanation of the same thing, but lacking that, this was pretty good.