Motion: NFTs are dumb (Edmund Schuster vs. Andrew Steinwold, co-host: Maria Shen)

Guests: Edmund Schuster (twitter.com/edmund_schuster) Andrew Steinwold (twitter.com/andrewsteinwold) Host: Richard Yan (twitter.com/gentso09) Special co-host: Maria Shen (twitter.com/mariashen) Today’s motion is “NFTs are dumb.” Non Fungible Tokens have taken the world by storm. A transaction in NFT is a transaction in some sort of digital ownership. Or as the Bloomberg columnist Matt Levine put it, “digital ostentation.” As the new owner of the NFT of a song or a jpeg, you don’t have excl...