NFTs & Blockchains Simply Explained – Future of the Internet or Biggest Scam of Our Generation 2022

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NFTs & Blockchains Simply Explained - Future of the Internet or Biggest Scam of Our Generation 2022
NFTs & Blockchains Simply Explained – Future of the Internet or Biggest Scam of Our Generation 2022
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Watch my Pateron Exclusive Sample for FREE with a follow up discussion on NFTs, Blockchain and Web3 here: https://youtu.be/2urk1dz0ApU

Full video script available in text here: https://docs.google.com/document/d/1uAxhLnOkWVnjNlUkHcFH5-TB4JDL1sZ5WghoEz5MhPE/edit?uspsharing

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More Resources:
– Line Goes Up – The Problem With NFTs by Folding Ideas https://youtu.be/YQ_xWvX1n9g
– How does a blockchain work – Simply Explained https://www.youtube.com/watch?vSSo_EIwHSd4
– The Climate Controversy Swirling Around NFTs by Justine Calma https://www.theverge.com/2021/3/15/22328203/nft-cryptoart-ethereum-blockchain-climate-change
– Can You Still Earn Money Mining Ethereum? https://levelup.gitconnected.com/can-you-still-earn-money-mining-ethereum-3f5d56758823
– THE DARK TRUTH OF NFTs… OpenSea is 100% centralized (as an ex-Google Tech Lead) by TechLead https://www.youtube.com/watch?v_1PSvqho8UE
– The internet turned “money” into a hobby by Vox https://www.vox.com/platform/amp/the-goods/22922511/crypto-nfts-sports-betting-money-hobby
– Money has never felt more fake by Vox https://www.vox.com/platform/amp/the-goods/22832438/nft-gamestop-amc-crypto-bubble
– NFTs, explained by Mitchell Clark https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
– Lavendaire on Crypto & NFTs https://youtu.be/Ab3cr-hJ3Ko
– The cryptocurrency craze: Bitcoin, blockchain technology and the future of DeFi The Business by ABC News in-depth https://youtu.be/i-ddUyyIO0A
– Ethereum Explained ft. Preethi Kasireddy by Means of Creation https://youtu.be/0YhF1jPDCW8

Sources
– Line Goes Up – The Problem With NFTs by Folding Ideas https://youtu.be/YQ_xWvX1n9g
– Why NFTs Will Destroy the World by Vincent Chan https://youtu.be/WdQzYcM04bE
– An Honest Conversation On The Problem With NFTs & Cryptocurrency, with @Folding Ideas by The Financial Diet https://youtu.be/8St36RjHd2E
– NFTs and the rise of this 13B marketplace by The Verge https://youtu.be/H3TABd_nBJU
– What’s Web 3.0? [ All Your Questions Answered ] by CoinMarketCap https://youtu.be/yLPfPqbAlJw
– How does a blockchain work – Simply Explained https://www.youtube.com/watch?vSSo_EIwHSd4
– NFTs Are Fueling a Boom in Digital Art. Here’s How They Work WSJby Wall Street Jounal https://youtu.be/zpROwouRo_M
– https://www.theverge.com/2021/3/11/22325054/beeple-christies-nft-sale-cost-everydays-69-million
– The Climate Controversy Swirling Around NFTs by Justine Calma https://www.theverge.com/2021/3/15/22328203/nft-cryptoart-ethereum-blockchain-climate-change
– NFTs, explained by Mitchell Clark https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
– NFTs, Web3, Metaverse Explained Simply by Vanessa Lau https://youtu.be/eCUbMegPIcM
– Why people are buying cartoon cats on the blockchain by Vox https://youtu.be/jGfvkjzLrNw

Supporting visual media featured:
https://docs.google.com/document/d/1WNb_er4v6qrxuGVvDXxFCbNhx5gvFCMOF6PtRAzbmIE/edit?uspsharing

Thumbnail Features: Bored Ape, Cryptokitties, Pudgy Penguin, Beeple Artwork, Nyan Cat GIF, NFT crypto logo

Timestamps
0:00 Introduction
2:13 What is a NFT?
5:52 How Does Blockchain Work?
6:52 The Environmental Impact of Blockchains & NFTs
9:08 NFT Mining is for Rich People
9:59 It’s All Fake: The Problem with the Speculative Market of NFTs
12:57 Scams and Frauds
14:36 The Promises & Pitfalls of NFTs
17:36 Decentralization, Web 3.0, Digital Wallets & Their Inherent Flaws
21:52 Final Thoughts

TAGS/Keywords
video essay, commentary, unpopular opinion, controversial, NFT, NFTs, Non Fungible Token, Crypto, blockchain, digital art, Bored Ape, Cryptokitties, Pudgy Penguin, Beeple Artwork, Nyan Cat GIF, climate change, environmental impact, smart contract, mining crypto, speculative market, Web3, Web 3.0, Digital wallet, Decentralization, defi, decentralized finance, ethereum, Beeple,

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