Refactored 056: "Filthy Casuals with NFTs"

Wherein the guys are legitimate businessmen.

published Feb 8, 2022
Show Notes

Refactored #056: “Filthy Casuals with NFTs”

On this episode of Refactored…

  • Microsoft acquires Activision for just shy of $69B.
    • nice
      • nice
        • nice
          • nice
    • 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.)
    • Related: YouTube removed the dislike button to increase revenue. Internet reacts. Frank opines. Chris makes unintelligible noises.
  • … and much more!

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