Why are the Feds investigating? The guys discuss, but it’s probably just because, per the FTC, “current law requires companies to report any deal that is valued at more than $101 million to the agencies so they can be reviewed.”
The guys agree, there probably isn’t a lot for gamers to worry about.
Frank pens an article on why NFTs are total crap, and he’s 100% right. Chris brings some additional elaboration, predictions, tin foil, and insults.
Are NFTs worth less than Beanie Babies? Probably.
Chris predicts that NFT technology will revolutionize entire industries “overnight” in the coming decade, and most people won’t realize it happened.
Will incumbent businesses reject decentralized technology due to the inherent transparency? Frank makes a compelling argument. Chris predicts ultimate failure of those business.
The guys fight about the “cycle time” of financial metrics, and their impact on public companies (re: quarterly earnings calls, etc.)