Should I be worried about non-fungible tokens? Every day I’m told about how liberating this NFT market is for artists like myself, but I’m filled with dread.
– Not Immediately Felicitating Technological Yahoos
If you’re anything like me, worry and dread are like Hilary Duff songs. I’m not entirely sure how they snuck their way into my brain, but there they are, far louder than I’d prefer. How much longer have we got on this blue marble? Am I doing enough? Is my cat eating the right amount of food? I worry.
But non-fungible tokens? Nah. And yes, I’ve heard about the threat these digital collector’s items allegedly pose to the Earth’s climate. We’ll get to that shortly.
First, for those of you who have been doing your best to get through life without ever learning what an NFT is, I regret to inform you that it’s time to do so. I’ll try to make this exercise as painless as possible. NFT stands for “non-fungible token,” and fungible is just a chewy way of saying interchangeable. Some things, like currencies, have to be fungible in order for s... Read more