NFT

“It's playing out with crypto bubbles and NFTs and other nonsense. But those are short lived bubbles. Those are little feedback loops. Frothiness happening as the tide rises.”

“Well, it's not a security. There's no underlying asset.”

“Every ICO, every NFT and the art market, right? These are examples of unproductive assets.”

“You know, we're seeing asset bubbles everywhere in NFTs, in crypto, in startups, in new startups, in new ideas, in home prices, in everything.”

“And I think the NFTs are really just one more kind of example where this beautiful narrative is formed, the digitization of art, but it is no different. Then any other form of assets that we tell ourselves a story around and we convince ourselves that I'm payi…”

“So I think even the weird experiments with NFTs being a way to create a community of artists to build a movie or story and create true new IP, all that will happen just five years from now or 10 years once We had critical maps.”