4.6 • 732 Ratings
🗓️ 30 April 2021
⏱️ 16 minutes
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0:00.0 | Welcome to the Kotkeye Ride Home for Thursday, April 29th, 2021. I'm Jackson Bird. |
0:12.1 | People who accidentally became memes are using NFTs to regain a sense of ownership over their likenesses and make some pretty nice chunks of change. |
0:23.4 | Scotland could become the first rewilding nation, and another shortage report, this time |
0:30.3 | computer chips. Here are some of the cool things from the news today. |
0:37.3 | Imagine if a candid photo your parents took of you as a toddler could end up making you half a million dollars 15 years later. |
0:45.5 | That is what happened to University of North Carolina at Chapel Hill student Zoe Roth, but you may know her better as disaster girl. |
0:56.7 | She's the little kid in that ubiquitous photo looking slyly at the camera while a house burns down in the background. By the way, in case you |
1:02.9 | have any concerns over that photo, it turns out the house was a planned, controlled fire executed |
1:07.9 | by the fire department. The whole neighborhood turned out to watch, |
1:15.6 | including Roth and her father, who had recently bought a new digital camera, and well, the rest is history. Roth is just the latest in a string of people who accidentally became memes, |
1:21.6 | intentionally cashing in by selling their original memes as NFTs. NFTs are interesting from an artistic perspective because of how their authenticity and ownership |
1:32.1 | is marked in the blockchain and also enables the creator to be paid a cut anytime the |
1:37.2 | NFT gets sold. |
1:38.9 | Unfortunately, NFTs also appear to be pretty awful for the environment. |
1:43.7 | Here's how the verge explains it. NFTs are largely bought be pretty awful for the environment. Here's how the Verge explains it. |
1:46.0 | NFTs are largely bought and sold in places like nifty gateway and super rare that use the |
1:51.2 | cryptocurrency Ethereum. |
1:53.2 | Ethereum, like most major cryptocurrencies, is built on a system called proof of work that |
1:58.3 | is incredibly energy-hungry. |
2:00.6 | There's a fee associated with making a |
2:02.4 | transaction on Ethereum, and ironically, that fee is called gas. Proof of work acts as a sort of |
2:08.7 | security system for cryptocurrencies like Ethereum and Bitcoin, since there's no third party like a |
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