5min chapter

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#171 – Anthony Pompliano: Bitcoin

Lex Fridman Podcast

CHAPTER

What Are the Fundamentals of NFTs?

NFTs are a non fungible token, meaning that there's no fungibility. The digital art world is going to be bigger than the traditional art world in terms of its scarcity and originality. Take Eiffel Tower as an example: Every first one replica has value regardless of size or location. And so I think what we're starting to see here is what we're probably looking at with NFTs.

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