NFTs: What are you REALLY buying?

3 years ago
12

NFTs are taking the world by storm!
Non-fungible tokens, mainly used for collectibles and art. People are buying into these digital keepsakes thinking they'll last forever.

But often, this isn't true.

Most people think that when they’re buying an NFT, they’re getting an image that will sit in their account on the website they purchased it from. But what they’re actually getting is a link on a blockchain. And links can break.

Some people's NFTs have been disappearing from their accounts, and some have been disappearing from the internet altogether!

I dive under the hood of NFTs with Aaron Gooch, CTO at Realio Fund, to talk about which NFTs will last forever, and which are vaporware.

There are many NFT platforms out there to be wary of. But for the record, I think that NFTs are super cool -- only if they're done properly and are actually decentralized and stored with redundancy and permanency! Check out my beginner's guide to NFTs: https://youtu.be/lvEOgtjrrqc

Written by Chris Karabats and Naomi Brockwell
Edited by Lee Rennie

Watch on Odysee: https://open.lbry.com/@NaomiBrockwell:4/vpns-gone-missing:2?r=9mvuwPzyZX55TFcyh5Yhwgm8HEXsrtSm

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Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
https://amzn.to/2UQmJ4m

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
https://amzn.to/2nWyNns

Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.

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