The Problem Crypto becoming a commodity is the single stupidest thing to gain widespread popularity. It’s the paragon of post-neoclassical/postmodern economics. If Adam Smith saw NFTs he would shoot himself. What I mean is that value is deconstructed to peoples own assignments to objects, abandoning the notion of any essential value in things. This is closely related to the abandonment of traditional metrics of valuations in the tech sector. The original idea was very good–a radical and e...
