What are NFTs and how are they significant?
— NFTs are digital tokens representing ownership of unique items, and they symbolize a larger issue of perpetuating existing wealth structures and benefiting only a select few.
What caused the 2008 financial crisis?
— The crisis was caused by a combination of greed, fraud, and willful blindness, as banks issued bad mortgages, leading to a cascading failure that impacted the entire economy.
How does cryptocurrency perpetuate existing wealth structures?
— Cryptocurrency, including Bitcoin, rewards those with the resources to build bigger rigs, creating an arms race for processing power and perpetuating existing wealth structures.
What are the risks of investing in NFTs and cryptocurrency?
— Investing in NFTs and digital assets may seem like a way to stick it to Wall Street, but it ultimately perpetuates a system of transactional exploitation and does not offer a true solution to our broken economic systems.
What is the impact of blockchain on the internet's future?
— The proposed web3, crypto-driven future of the internet is a privacy disaster and can lead to cultural destruction and a worse version of the current system.
We’ve got the additional info