NFTs, Explained
Yes it’s hype. But it could change our world.
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Johnny Harris is a filmmaker and journalist. He currently is based in Washington, DC, reporting on interesting trends and stories domestically and around the globe. Johnny’s visual style blends motion graphics with cinematic videography to create content that explains complex issues in relatable ways. He holds a BA in international relations from Brigham Young University and an MA in international peace and conflict resolution from American University.
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I might be overthinking but you said you use your debit card. I am curious if you actually use credit card or exclusively debit card? Its rare to see someone in the US use debit card and I am curious if don't or avoid using a CC.
Yeah, nah.
Strange that YouTube would use an ntf promotional ad on a video highlighting the dangers of nfts… 🧐
How can we TRUST that the people/computers regulating blockchain can't be corrupted. How can we trust that their condition wont be the same a banks and they won't turn into "new age banks" giving the ILLUSION of independent transactions.
Its the same as
1. De beers saying diamonds are valuable.
2. Fashion brands say their stuff is justifiably costly (even if their products are made in china or Bangladesh etc.)
As for the power usage and its adverse effects, this will be solved with cleaner and alternatives sources of energy some that we may have not thought about. Thing is it may or may not happen in our time.
off to another channel due to the bs charities Omaze funds bs charities by auctioning cars you can really win
Are these nfts transactions taxable?
WTF
Made me subscribed, keep it up!!!🎭🎭🎭 But what about new inventions and how to trademark that idea or saying or whatever!!!🎭🎭🎭
NFT is the short for "Nani The Fuck?!"
but there is no tangible asset tied to the token. yes eth can validate you are the owner of the tweet. but the tweet is still sitting in Twitter server. Then ur token is purchasing something non existed if the tweet was deleted. hell no.
answer, its a scam circle jerk of people trying to claim something of nothing is something of worth. dont play hot potato with this scam because they just dont want to be the last person holding the bag.
This is dumb
Many people say nft is expensive. If it expensive, why don't you make it? And you can just screenshot it.
things are going to poop…if you can not eat it or wear it or live in it do not buy it!!!!!!!!!!!!!!!!!
Soooooooooooo should we be afraid of the aftermath?? Even tho we always been
Ethereum using all that energy is making global climate change so it should be regulated not by banks but by the government. There should be a cap and allotment to use a certain amount of energy.
Even explained it still makes no sense😂
Thanks for this video 🙏…so intuitive!
The only person is hyped about this is Gary Vee 🤣🤣🤣🤣…. I mean I am still going to invest some money into it but not as seriously as in Crypto
So what would be the essential purpose of purchasing an NFT. If I were to buy one NFT, if I held onto it, will the value of it hopefully one day increase, and would I be able to sell it like stock?
I get a pac mac .
I encourage you, look to THE MOST HIGH GOD through JESUS THE LORD and SAVIOR.
The time is now.
This feels like the new age version that “deed to the Brooklyn Bridge” scam
The biggest issue I have with NFT's is that they are digital. Yes. There is only 1 Mona Lisa. I can make something that looks like the Mona Lisa but a bunch of experts are going to get together and say "NO! That is NOT the Mona Lisa." I cannot make a atom by atom copy of the Mona Lisa. Therefore there will only ever be 1. With digital I can make an EXACT copy of something and you can't tell the difference between them. Yes. I know that the blockchain can validate 1 and not the other. But that's not my point. If I can make something that is an EXACT copy and do the same things with it then why the hell would I pay $$$$$$$$ for it? Why the hell would anyone?
Yeah. I screenshotted.
Tulipomania in 1600’s Netherlands. History repeats itself.
What if I became a hacker and decided to do a digital bank robbery 😂😂😂
As the kids say. Bruh, all these things people are paying for are free. And when you do pay for it, you don’t even get the rights to whatever you’re paying for.
Man!!! This guy just unwrapped something in my brain, I don't know what but I'm blown away
This is the clearest description I've heard yet! Thank you!
Who are the group of BlockChain that monitors the crypto balance of an individual?
Crypto Currencies are Fungible because it is a computer program!!! Any computer programmer can create crypto currencies! Lol. It isn't limited nor does it have a real value?
Crypto currencies will crash as did silver during Black Friday of 1987. The human boredom to be cool and included into a "DIGITAL WORLD" is a facade! Yes, hype!!!
I always thought art trading is a money laundering. NFT is at its highest level.
What twitter scrublords nearly tweet on a daily basis and quickly turn it into an argument SOMEHOW.
Could you get Vic Chaos to explain this.
what a super kamehameha waste of money
Money works cause it's tied to labour. We trade in hours of labour in real world. NFTs arnt tied to anything, there needs to be a compensation for your suffering nor risk. It will fail.
NFT is really similar to NTR: you watch your wife sleeping with someone else, but all you have is a piece of record proofing she is your wife.
I don't get it . I can just save image by right clicking . What the fuck is this
Oh boy wait till you hear about the banks in lebanon
This makes so much sense!
* that one guy in class everyone hates
I Swear I was going to type this on the search line
So basically find something that’s not only valuable to our selves, but something other people would be interested in buying also?
I still don't get it in terms of art. If there isn't any physical art exchange how somebody can think they own the unique , one and only real art? I can re-post the exact digital art, or photo of the actual art over and over again as NFT , can't I? who is going to stop this, or is there a rule to sign a type of contract that artist promissing to buyer under no circumstances exact artwork will not be duplicated (or multiplied). Anybody Care to explain like explaining to a 5 years old please? 😉