Originally Posted by ZTT

Another Brit, David Gerard, summed up NFTs even more simply:

"I don’t understand any of this. Please explain it like I’m five."

"Would you like to watch the Teletubbies, or would you like me to write on a piece of paper that you own the Teletubbies? All you get is the piece of paper."

"The trouble with explaining NFTs to a five-year-old is that you’ll have a hard time convincing a five-year-old that this nonsense isn’t the nonsense it obviously is. It sounds unfathomably stupid because it is unfathomably stupid."