People's Television’s Post

Transcript

We're watching that closing of the auction, which closes in an hour and it's already at absolutely ridiculous amount. NFP NFT people are paying 10s of millions of dollars. Oh my God. $69 million, I think it's completely insane. Why didn't think that could be sold for any amount of money. What is an NFT that's not just for digital art? It's like this could be for anything. Up until NFTS I was barely able to pay rent or buy food $900,000 I left to cry. My first piece sold for $30,000 which was a lot for a 15 year old. In Nigeria we've been taught Greenock you can't be an artist but don't have soul and FT's do over 20 collectors. Lost LFTS Medieros. Primer impulso para liberarme de Cuba. I think. I think traditional art is still quite skeptical about NFTS. This is not respectable art. I just bought a Beeple. It's like $65,000. It could certainly be a bubble. It's really cool. FTX collapsed this week after a chain reaction. This started as a digital art movement, but it transformed into one of the largest financial collapses in American history. The NFT market had become the greater fool theory. Everyone just got annihilated. It's someone's life you're playing with and someone's emotions and expressions. You have to be kind of crazy to trade NFT $500,000. One click, all gone. This was old school fraud. What gives Van Gogh value? What gives a Jackson Pollock value? It's got to be a new idea that changes the way people think about art. And I'm trying to do that. We'll see 100 years from now if I've done it.