2min chapter

The Bad Crypto Podcast cover image

NFTs Are a Scam with Jimmy Song

The Bad Crypto Podcast

CHAPTER

What Is an FTS?

An f t s is a data base road that has some atattestation or something like yot, and, you know, you could transfer it, and that's it. So there's no magical, uno, metaverse thing that you're not getting or something. It's just literally a data bas row that says, you own something as a convention of the artists,. And ye, it can be completely fraudulent. Maybe my stupid nft picture that i just made up will also sell for 69 million. Clearly we have no sense, and i'm fine with that.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode