yeah you ever heard of nfts i've heard
of them guess who has two thumbs and
just bought one oh
congratulations yes thanks nft is
literally so sick so happy i finally got
one uh what would
how would you ex how would you explain
and and
are you asking what an nft is no no
no i know what it is i just um just
wondering how how like to a layman why
do you want me to explain it
if you already know what it is yeah i
just want to make sure we have the same
definition oh okay yeah right of course
well
i mean like
so first off it's a non-fungible token
that's right um so the basics of it is
that it's not
fungible
that you can't you can't fudge it right
and if you tried to fungi you wouldn't
be able to and there's no point right
frankly yeah that's and that's what i
thought that's what i was thinking and
fungible can you
just refresh me um do you so
do you not know what fudging is the word
no i know the word fungible i just want
to again i want to make sure we're on
the same page with our definition oh
yeah all right all right all right all
right all right all right yeah it's uh
so fudging uh
well it dates back
so so in the 15th century bc it was um
mm-hmm it's an agricultural structure
that's right uh so it was like
when they're offended in the fields and
whatnot so like wheat corn rice you know
it's like comes to the
um there's a verb to funge same page so
far and then and then so non-fungible is
is the opposite of that so take
everything i just said and it's none of
that get rid of it completely exactly
great and that and so great
do you have a visual example oh yeah for
sure um
okay so
there so this one is fungible
non-punchable
can you just show me that one more time
yeah uh for sure so funchable yeah
non-punch
functionable
it's interesting because there i i know
i know that that obviously one but the
um
how do they're how do you tell the
difference well it's um
so you can't uh there's no difference
visually like to the eye they are
identical that's just like part of it
that's like one of the things about it
yeah right i i remember reading
something about it and how how do you
tell well because one
right because you can function
yes
of course right
and um
yeah it's like so this one
where's this one
well the um
my name is on a list the no funds list
yeah exactly like okay try to fund that
right now try to finish it
i can't i can't it's not funchable it's
non-fungible yeah
and it's all um
it they they do this because it's all uh
it's part of the blockchain
that's right
you know i've always wondered about the
blockchain because of course and now
that i'm trying to fund this i'm going
it's so obvious uh yeah so yeah go ahead
try and punish that right now try and
punch it
blockchain oh try again punch it punch
it blockchain stop it okay let me go one
more time go again go again
blockchain wow
wow
and what do you do with it well i have
it now so you uh do you print it and and
put it up on your wall or no because i i
have it
like i
i said that my name is on the list
that's what i was saying before because
i this is and then
they know that
that i have it oh right
well dummy of course
good for the environment though because
you're saving paper no not at all but
this is the best 30 grand i've ever
spent so
blockchain nice try dummy
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