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Barron's Streetwise

NFTs and the Million-Dollar Rock

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 27 August 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

Jack tackles bored apes and CryptoPunks to explain what's behind the mania in non-fungible tokens. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Connect with your customers in a whole new way with Salesforce Customer 360.

0:06.0

Harness the power of Trusted AI to enhance your customer experience

0:10.0

and unite your teams around a single shared view of every customer in your business.

0:15.0

Empower teams with Trusted AI from a secure, scalable platform.

0:20.0

With Salesforce Customer 360, now everyone's an Einstein.

0:24.0

Go to Salesforce.com forward slash 360 to learn more.

0:30.0

Should I stay the course and continue to invest in actual companies that have profits?

0:35.0

Or am I missing an opportunity?

0:38.0

Hello, I'm Jack Howe.

0:40.0

The Baron Streetwise Podcast is on vacation this week.

0:44.0

Oh boy, I can see you're not taking this well.

0:47.0

I should have broken it to you more gently.

0:49.0

You know what, dry those tears.

0:51.0

We're going to answer a few listener questions now, including the one you just heard

0:54.0

and we'll be back with regular episodes starting next week.

0:59.0

Did you see this past week that someone paid $1.3 million for a cartoon rock?

1:09.0

And I don't mean a hand drawn rock of some cultural significance.

1:12.0

This wasn't from an original Flintstone storyboard or anything like that.

1:16.0

It was simple internet clip art.

1:19.0

The kind anyone can download for free.

1:21.0

So why would itself for an amount of money equal to more than 20 years of median US household income?

1:29.0

And quick follow up question, does anything matter anymore?

...

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