How NFTs shook up the art world
Life and Art from FT Weekend
Is There a World in Which NFTS Could Hold a Roll?
Jemima says that from a financial perspective, the problem with nfts is that there's no scarcity. The art market works because there's only so many picasos in the world. But we can just keep making more nfts. If you had to make an argument for them or see a world where they would hold a roll? Nfts. What would you say? Like, what role could they hold? Oh, josef, that's hard. Its almost impossible. Could you create scarcity for it, and then that could help? Wic, i think no. Because to give something value, all you really need is a lot of people to decide it has value
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