4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E94: NFT volume plummets, California's overreach, FBI meddling, climate change & national security

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What's Your Take on NFTs?

The month of this story, which is fill in the blank, asset class crashed. What's your take on NFTs and this whole boondoggle? I don't know how to. How will we look back on it?Sax: We've had a lot of bubbles as a species. This is just another one. And so much distortion has really been this narrative fueling. The majority of market-based decisions are driven by if I buy something for X, I'm going to be able to sell it to someone else for Y.

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