Part 6/15:
Finance, NFTs, and Their Cultural Impacts
Swirling through the discussion are critiques of the hype around NFTs, DeFi, and crypto markets. The participants are sharply critical of the way these assets are valuation-driven, emphasizing that much of their value is speculative, fragile, or dependent on the hype cycle. NFTs, in particular, are seen by many as mere receipts—"beanie babies for the digital age", whose worth is mostly social prestige rather than genuine cultural or artistic contribution.