gm from Decrypt cover image

gm: Neal Stephenson Maps Out the Metaverse

gm from Decrypt

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Crypto Tokens

NFTs are becoming its own kind of sub world, same with metaverse and gaming. The essence of this whole argument is that non-fungible Bitcoin, ETH, et cetera, are fungible by design. One token is the same as another. That's what makes it into a currency. And we see these tensions playing out in this whole thing that blew up last week about secondary royalties. I'm hoping that we can kind of move away from this sort of single-minded effort to financialize everything"

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