Chapter
Discussion about NFT and Technology
49:19 - 54:15 (04:56)
The speaker shares their thoughts on NFTs and how they compare to other technological advancements such as the printing press or the telephone. They also mention a recent NFT bet they made.
Clips
The speaker discusses buying "rookie NFTs," or non-fungible tokens, related to sports as a form of investment that can yield big returns, although it's a form of speculation.
49:19 - 49:39 (00:20)
Summary
The speaker discusses buying "rookie NFTs," or non-fungible tokens, related to sports as a form of investment that can yield big returns, although it's a form of speculation.
ChapterDiscussion about NFT and Technology
Episode#218 - Why You Should Take a Think Week Like Bill Gates
PodcastMy First Million
The value of NFTs and cryptocurrencies is based on a social agreement that is intrinsic and often misunderstood.
49:39 - 51:08 (01:28)
Summary
The value of NFTs and cryptocurrencies is based on a social agreement that is intrinsic and often misunderstood. While one of the speaker's NFT bets had already increased 5x in value, they admit to not fully grasping the concept of cryptocurrencies initially.
ChapterDiscussion about NFT and Technology
Episode#218 - Why You Should Take a Think Week Like Bill Gates
PodcastMy First Million
The adoption of Bitcoin is rapidly growing and may become one of the fastest adopted technologies ever.
51:08 - 52:38 (01:29)
Summary
The adoption of Bitcoin is rapidly growing and may become one of the fastest adopted technologies ever.
ChapterDiscussion about NFT and Technology
Episode#218 - Why You Should Take a Think Week Like Bill Gates
PodcastMy First Million
The value of art, and more recently, crypto assets are based on social agreement and can change over time.
52:38 - 54:15 (01:36)
Summary
The value of art, and more recently, crypto assets are based on social agreement and can change over time.