Chapter
The Risks of Buying into Crypto Art
1:09:22 - 1:18:56 (09:34)
In this episode, the speaker talks about the risks of investing in crypto art and the potential loss of reputation that comes with it, pointing out that it takes a long time to build a reputation, but it's easy to lose it in a day.
Clips
The speaker expresses skepticism about Bitcloud and its potential to build a reputation of being smart and trustworthy which can be lost in just a day.
1:09:22 - 1:11:45 (02:22)
Summary
The speaker expresses skepticism about Bitcloud and its potential to build a reputation of being smart and trustworthy which can be lost in just a day. Additionally, they mention feeling embarrassed to talk about it and its risk of failure.
ChapterThe Risks of Buying into Crypto Art
Episode#165 with Jack Butcher - Selling a $76m NFT, How to Research Wealthy People & How BitClout Went Viral
PodcastMy First Million
The value of social tokens comes from owning something with strong cultural velocity and resonance, rather than the number of followers, and it is a way for investors to spread their wealth and beliefs about a certain technology or person.
1:11:45 - 1:16:00 (04:15)
Summary
The value of social tokens comes from owning something with strong cultural velocity and resonance, rather than the number of followers, and it is a way for investors to spread their wealth and beliefs about a certain technology or person.
ChapterThe Risks of Buying into Crypto Art
Episode#165 with Jack Butcher - Selling a $76m NFT, How to Research Wealthy People & How BitClout Went Viral
PodcastMy First Million
The podcast discusses the psychology behind buying high-end products and how people often dissociate money from its actual value when making purchases, especially when using cryptocurrency.
1:16:00 - 1:18:56 (02:55)
Summary
The podcast discusses the psychology behind buying high-end products and how people often dissociate money from its actual value when making purchases, especially when using cryptocurrency.