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Tech Brew Ride Home

(Bonus) What Are NFTs? With CoinDesk's Brady Dale

Tech Brew Ride Home

Amalgamated Internets, LLC

Technology, News, Tech News

4.71K Ratings

🗓️ 6 March 2021

⏱️ 41 minutes

🧾️ Download transcript

Summary

I don’t think this one requires any in depth intro. The great Brady Dale of Coindesk, walks us though the whole NFT phenomenon. What are NFTs? How do they work? Why are people so crazed about them at the moment? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to another weekend bonus episode of the Tech Mem Ride Home. I'm Brian McCullough.

0:08.0

Again, I don't think this one requires much in terms of in-depth intros.

0:13.6

The great Brady Dale of Coin Desk

0:15.4

is just gonna walk us through the entire NFT phenomenon.

0:19.6

Enjoy.

0:21.7

Hey, thanks for answering the bat signal as always.

0:25.0

Sure.

0:26.0

I love this topic.

0:28.0

It's like vindicating for me because when I first started, well, yeah,

0:32.0

I was writing about it before anyone, everyone thought these things were stupid.

0:34.5

So it's just like all the sudden everyone's like all into them, you know, and I'm like, uh-huh.

0:38.5

Do you want to consider us recording and that can be the first comment right there.

0:43.6

Sure, yeah, sure.

0:45.6

So, you know, I was trying to get a virtual background

0:50.5

of a Beeple piece, one of those pieces that is being sold at and I think Christie's right now

1:01.0

Yeah like am I wrong that NFTs have essentially been around a long time?

1:06.0

Like this isn't necessarily new, it's just that it's taken off. That's what's new?

1:11.0

Yeah, yeah, I mean, some people date it back to rare pebets. I don't understand

1:15.6

them super well. Most people date it to crypto punks, which is 2017 and that was before

1:22.2

there before Ethereum had a standard for these things the

1:25.3

or C721 so yeah they've been going for a long time and basically you know I'm already getting us into like the explaining what this is, but am I wrong in assuming that basically this is sort of like the promise of of fulfilled.

1:43.3

Like it, Ethereum was not just money,

...

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