Imagine explaining to me that people would pay thousands for monkey drawings on my blockchain.Satoshi Nakamoto (not really)
"Hey Satoshi, great news — your invention is being used to trade procedurally generated primate portraits for six figures." The look on his face would be worth more than the NFTs.
Non-fungible tokens (NFTs) exploded in 2021 when people started paying millions for digital art and collectibles stored on blockchains. The most famous collection, Bored Ape Yacht Club, saw individual JPEGs sell for hundreds of thousands of dollars. While NFTs proved that digital scarcity works, they also became the crypto industry's most meme-worthy moment — and a frequent source of Satoshi's disappointment.
If you liked this quote, you'll love hearing Satoshi's voice. 21 comedy podcast episodes of fake intercepted transmissions from the creator of Bitcoin.
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