The Tim Dillon Show 242 - You're Money Now
Mar 7, 2021
This week, comedian Ben Avery joins for a hilarious dive into the bizarre world of NFTs, specifically Lindsay Lohan's digital art venture. They question the motives behind celebrity involvement while critiquing the commercialization of creativity. The duo also discusses the harsh realities faced by traveling comedians and the absurd notion of commodifying tragic events through NFTs. Their dark humor shines as they explore the implications of our digital lives while navigating a world increasingly intertwined with virtual reality.
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Lindsay Lohan's NFT
- Lindsay Lohan, a child star with a history of rehabs, now sells NFTs.
- One NFT, featuring Lohan with an Ethereum diamond, sold for $17,000, which she donated to Save the Children.
Fake Business
- NFTs represent the peak of "fake business," selling nothing of tangible value.
- Kings of Leon sold their album as an NFT for $6 million, raising questions about ownership vs. access.
NFT Tax Scam
- Selling NFTs may be a tax scam.
- By selling one NFT at a high price, the remaining unsold tokens can be written off as a loss, even if donated.