MONEY REIMAGINED: Are NFTs Sustainable Beyond the Hype?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 March 2024
⏱️ 48 minutes
🧾️ Download transcript
Summary
A discussion on the intermediation of physical and digital spaces with contemporary conceptual artist Cole Sternberg - exploring the possibilities of crypto for reimagining money, community, power systems and law for a freer society.
This episode is sponsored by Consensus 2024
Now Available for pre-order |
Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age
In this week's installment of "Money Reimagined," hosts Michael Casey and Sheila Warren are joined by Cole Sternberg, a contemporary conceptual artist known for his thought-provoking and socially conscious artworks, to discuss physical vs digital art, NFTs, and Cole’s free republic of CA project.
Takeaways |
- NFTs have the potential to revolutionize the art world by allowing artists to create unique digital artifacts and connect with a global audience.
- The intersection of the digital and physical in art opens up new possibilities for creativity and expression.
- The blockchain provides transparency and the ability to transform art over time, creating an ongoing dialogue between the artist and the audience.
- The perception of NFTs in the artistic community is evolving, with some artists embracing the technology and others remaining skeptical. The original sin in crypto is the financialization of Bitcoin, which can make it challenging for people to move beyond that mental model and explore the broader potential of blockchain technology.
- NFTs have both hype and utility, with those who have stuck with them deriving value, functionality, and utility beyond just financial gains.
- The Free Republic of California is an artistic representation of a new country, showcasing the power of reimagining governance and community.
- The economic assumptions of the Free Republic of California can be debated, but the concept aims to show that positive change is possible by reallocating resources and empowering local communities.
- Crypto and decentralization offer possibilities for reimagining money and community, allowing for transparency, accountability, and the visualization of systems.
Links |
The Free Republic of California
Cole Sternberg: The Path Towards an Enlightened Society | TED Talk
-
Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15.
Register now at consensus.coindesk.com
-
Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. Start your free 30-day trial at audible.com slash |
| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:49.6 | People think of it as a simplistic way. You draw a picture, you take a photo, and that's basically |
| 0:53.3 | your NFT. But to think about an install, like something that is multi-dimensional, that is sculptural, |
| 0:59.4 | that has all those elements and doesn't convert just to sort of a 2D flat kind of static image |
| 1:04.4 | is exceptionally powerful. |
| 1:15.8 | You're listening to CoinDesk's Money Reimagined with Michael Casey and Sheila Warren. |
| 1:22.6 | Hello and welcome to Money Reimagined. |
| 1:23.8 | I'm Sheila Warren. |
| 1:25.4 | I'm here with my co-host, Michael Casey. |
| 1:27.8 | You can tune in every week to catch us on the CoinDesk Podcast Network or find the Money Reimagined feed on Apple, Spotify, or whatever your preferred |
| 1:33.8 | podcast platform is. And don't forget to subscribe, give us a thumbs up, or leave a review. We really do |
| 1:39.4 | value your feedback. You can also share thoughts with us at Podcasts at coindesk.com using the subject line Money |
| 1:45.6 | Reimagined. And please do share your feedback. We'd love to hear from you. So our guest today is |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.