Exploring NFTs

Exploring NFTs

Author: Brad Mills March 19, 2021 Duration: 1:11:33
In this episode of Magic Internet Money, host Brad Mills invites NFT (Non-Fungible Token) specialist and art collector, Steve Wand to the show to discuss the recent boom in NFTs. Steve explains what NFTs are and his experience with virtual assets and collectables pre-NFT. For the unaware, the short version is that NFTs are a blockchain signature that can be attached to digital items and then sold. Wand discusses a little bit about the “metaverse”; the concept that the digital space will increasingly resemble meatspace. The two share their history with virtual economies from video games like World of Warcraft to various blockchain projects. Timestamps 00:01:39 - Show start and introducing NFTs 00:05:08 - Cryptopunks and past NFT projects 00:07:07 - The value found in digital assets 00:14:10 - Altcoins and tokens; why NFTs are different 00:18:27 - Ethereum struggles and digital art 00:23:07 - Potential NFT bubble 00:30:00 - Virtual real estate and other digital goods 00:36:56 - Future use cases for token technology 00:49:32 - Future speculation 01:09:32 - Social media plugs and wrap up

Hosted by Brad Mills, Magic Internet Money is a conversation about Bitcoin from the ground up. Brad isn't a programmer or a Wall Street analyst; he's an early adopter who examines this technology through the lens of an everyday user. This perspective shapes the entire podcast, focusing on practical understanding over technical jargon. You'll hear discussions that frame Bitcoin as more than an investment-exploring its role as programmable money for the internet, a peer-to-peer cash system, and what many call digital gold. The show digs into why this open-source invention is viewed as a foundational shift, touching on its potential as an uncensorable tool for free speech and a new store of value. Episodes connect the dots between technology, personal sovereignty, and financial self-improvement, making complex ideas accessible. It’s for anyone curious about how Bitcoin intersects with business, technology, and daily life, presented without pretense. Tune in for straightforward talk about what this digital asset class means for the future, all from someone who believes it's the best form of money we've ever seen.
Author: Language: English Episodes: 70

Magic Internet Money
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