NFTs: WTF? with Kevin Roose

Non Fungible Tokens, known as NFTs, are the hottest craze in the cryptocurrency world. But what are they? With a multibillion-dollar market cap, why do people pay hundreds of thousands of dollars, and in some cases, millions for digitally stored avatars, pictures, art, GIFs, tokens (and the list goes on)? Kevin Roose covers NFTs, crypto, AI and social media as a columnist for The New York Times. In 2021, a PNG of his NYT column sold for over $500,000. He joins to discuss the value proposition of blockchain-based assets, the role of scarcity and speculation in determining value and the future of cryptographic assets in a metaverse focused future.

Om Podcasten

Every week Chris Hayes asks the big questions that keep him up at night. How do we make sense of this unprecedented moment in world history? Why is this (all) happening? This podcast starts to answer these questions. Writers, experts, and thinkers who are also trying to get to the bottom of them join Chris to break it all down and help him get a better night’s rest. “Why is this Happening?” is presented by MSNBC and NBCNews Think.