2021/11/05

How Widespread Financial Precarity and Rigged Economy Paved Way for NFTs

● 05/11/2021
“In an economy where most people work long hours, are struggling to get by, and have deeply internalized the status quo, the question becomes: How do I get in? That’s how a million-dollar jpeg of a digital rock turns out to make sense.”
– Tech reporter Ali Breland, on how widespread financial precarity paved the way for crypto and NFTs. “People trying to shoddily arbitrage their future is just the next logical step in an economy in which every bit of your time needs to be monetized,” he writes.
Mother Jones
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