Cryptocurrency’s Newest Frontier

Apr 13, 2021 · 34 min · 33.1 MB

0:00-34:31

Streams straight from the publisher. podnod never proxies or re-hosts episode audio.

It started with a picture posted on the internet, and ended in an extravagant cryptocurrency bidding war. NFTs, or “nonfungible tokens,” have recently taken the art world by storm. Sabrina Tavernise, a national correspondent for The Times, speaks with the Times columnist Kevin Roose about digital currency’s newest frontier, his unexpected role in it and why it matters.

Guest: Kevin Roose, a technology columnist for The Times who examines the intersection of technology, business, and culture.

Sign up here to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter.

Background reading:

NFT mania has reached new highs in recent months, with a digital artwork by an artist known as Beeple selling for $69.3 million. A trading card featuring the quarterback Tom Brady sold for $1.3 million and an NFT of the first tweet from Jack Dorsey, the chief executive of Twitter, went for $2.9 million.
What are these nonfungible tokens and why do people pay so much for them? Here’s a primer.
A picture of Kevin Roose’s column “Buy This Column on the Blockchain!” was put up for auction and sold for about $725,000. He also wrote about the surreal experience of selling the NFT and spoke to a few people who placed bids.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Thank you for listening to this episode of Daily News. We've gathered all the additional resources, book For more updates and exclusive content, visit our official site: ➡️ 🚨[VIP ACCESS]🚨

Subscribe and leave a review! ➡️ SUBSCRIBE

Copyright Disclaimer: We are not the official Daily news or Spotify feed. All rights to the original content belong to their respective owners. This channel is sustained through dynamic ad insertion to offset AI processing, hosting, and transcription costs.

Hosted on Acast. See acast.com/privacy for more information.