Jack Dorsey’s $2.9 Million NFT Auctions For $280!! (Jimmy Dore)

The hottest new investment vehicle are so-called NFTs, short for “Non-Fungible Tokens.” An NFT of Twitter founder Jack Dorsey’s first tweet last year sold for $2.9 million, but an attempt to auction off the very same NFT recently brought in a high bid of only $280. Are NFTs a scam, and have people woken up to the realization that there’s virtually no difference between owning an NFT and owning nothing?

Jimmy and American comedian Kurt Metzger discuss the rise of NFTs in an era of increased income inequality and vast wealth concentrated in few hands.



While people can argue that NFTs do have value, that value will be set by market forces. And here we are.

[Posted at the SpookyWeather2 blog, April 19, 2022.]