I gave you sound money and you used it to buy a JPEG of a rock.Satoshi Nakamoto (not really)
EtherRock sold for $1.3 million. The rock does nothing. Satoshi's disappointment is immeasurable.
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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