The Future of NFTs

The Future of NFTs

Author: Brad Mills March 26, 2021 Duration: 1:20:36
In this episode of Magic Internet Money, host Brad Mills invites lead editor of BoxMining.com, Michael Gu onto the show to discuss the recent NFT boom. Brad warns it’s a “tulip style bubble”, but remarks it’s a technology that’s here to stay. Michael offers his experience working in the field of gaming as an example of the future of NFTs. The two discuss how the field of collectables and art sales could be changed by the adoption of NFT technology. Brad and Michael speculate on altcoins, the effects from macromarkets on crypto, and the philosophy of Bitcoin. They further speculate on the future of crypto asset based games and what a successful model for one might look like. Timestamps 00:00:43 - Show start 00:00:56 - The NFT bull market 00:04:59 - Ethereum’s relationship to NFT 00:08:40 - Game assets not a model for NFTs 00:13:08 - History between ETH and BTC 00:17:58 - Bitcoin maximalist philosophy 00:21:23 - Maximalism and motivations in life 00:24:12 - Risk among cryptocurrencies 00:31:50 - Risks for newcomers in the crypto space. “Degen pits”. 00:39:00 - Anti-altcoining and the debate around it 00:43:04 - Macro markets and their relation to Bitcoin 00:46:36 - Infinite Fleet and NFT video game assets 01:00:27 - The metaverse and the economic side to gaming 01:05:10 - The collectables market 01:12:03 - Crypto games and non-crypto games 01:15:06 - Recommendations about Bitcoin and NFT 01:20:14 - Closing remarks and outro

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
Podcast Episodes
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