If NFTs are M&Ms, they can melt in the market and not just in your mouth.
M&Ms creating Bored Ape Yacht Club branded candies makes sense, but it's the inflection point that makes you question how perceived value becomes real value. For instance, the Banksy piece that was shredded at auction is now worth more than before being shredded because it is perceived as “performance art”????
Humans are funny creatures and these examples defy logic and reward the hype, but then again humans also came up with a system that created crippling inflation.
Week 34, Year 2022, Episode 24.
Timestamps:
(00:00:00) Intro Song
(00:00:23) Introduction
(00:00:45) Disclosures
(00:00:56) Show Info
(00:01:21) M&M BAYC Thought
(00:02:07) Fed Doesn't Say Much and Markets Go Down
(00:02:57) Microsoft Unsure about Play to Earn
(00:03:10) Warren, Sanders, Crypto
(00:03:27) New NASDAQ Listings
(00:03:41) NFT Lending Liquidity Problem, Solution?
(00:04:20) Ex-OpenSea Executive Argue to Be Dismissed
(00:04:49) BitBoy Drama for Yo Mama
(00:05:20) Ethereum Merge Kick-Off
(00:05:41) Reddit Betting On Blockchain
(00:06:42) SEC Vs. LBRY
(00:06:55) Rising Dollar Means For Stablecoin
(00:07:06) Coinbase Always In The News
(00:08:30) Rings Hollow
(00:08:40) Tornado Cash Updates
(00:08:57) Reddit Airdrops
(00:09:07) Ethereum Bug 1 Million Bounty
(00:09:20) In Closing
--------------------------------------------------
Link to all news sources referenced during show,
👉 https://www.cryptopodcast.xyz
--------------------------------------------------
Fort Brox Affiliate Links:
TaxBit Crypto Tax Software: 👉 https://taxbit.com/ref?fp_ref=9xbvu
Descript: 👉 https://www.descript.com/?lmref=L9u6Yg
Mercury Business Banking: 👉 https://mercury.com/r/fort-brox
Webflow No-Code Websites: 👉 https://webflow.grsm.io/ii4ge2tqaee4
--------------------------------------------------
Credits
🎵 Original music provided by Jordan Halpern Schwartz and Jeff Kleinman of @goodsoupmusic https://www.goodsoupmusic.com/
🔥 Host Neil Alonzo
--------------------------------------------------
👉 Listen to all episodes at https://www.cryptopodcast.xyz
👉 Fort Brox Links
https://www.fortbrox.com
https://twitter.com/fortbrox
https://www.instagram.com/fortbrox/
https://www.tiktok.com/@fortbrox?
--------------------------------------------------
Hashtags
#crypto #boredapeyachtclub #nft #fortbrox
--------------------------------------------------
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.