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It's Friday, wine night and time to write a thread on NFT's, inspired by my chat on @RugRadio. I think people are massively underestimating what is going on... and its only (very) partially to do degening with monkey jpegs and dickbutts...
Let's talk...
An NFT is a "smart" "contract" "stored on a blockchain". We all know that.
But have you thought what that really means???
Well, there are 3 component parts:
An NFT is a "smart" "contract" "stored on a blockchain". We all know that.
But have you thought what that really means???
Well, there are 3 component parts:
"Contract" - almost every single agreement in society in the broadest sense is a contract - be it written, implied, verbal from religious vows to airline tickets, from meeting a friend for a rum or using Twitter. Contracts are literally a base layer of society that build on trust
When you are a Boomer Central Banker, everything looks like the ghost of the 1970's...heuristic bias will give unexpected outcomes (deflation) when total debt to GDP is this 
Meanwhile, memes rule the world and the Central Bankers in their late 60's worship this meme: Wrong person for these times.
But the politicians (in their 70's mainly) are focussed on this meme...The Pension Crisis, where the system is forced to bail out past unkept promises. Voters will win in the end and household bail outs will come.
Was travelling for most of the weekend, so wasn't actively following the #rektguy price action. I figured I'd chime in, and put pen to paper on some of my thoughts.
I don't think the Rektguy moves were surprising. In a market badly starved for good memes, the Rektguy is a perfect example of something that almost everyone can relate to. Add to it that it's backed by @osf_nft and @greatmando_nft, two top tier builders in the space
The art itself is awesome, and more unique than I expected pre-reveal. The minting process was smooth, and allocations were simple. @AlienqueenNFT 1/1s look amazing, and add character to the collection.
