The Times podcast: Are NFTs worth your money?
Pudgy Penguins, Bored Apes and CryptoKitties — a Noah’s Ark of nonfungible tokens — are the latest trend for people trying to get rich and engage with art in a new way. NFTs might be a fad, but there’s a multibillion-dollar market for them.
Today, L.A. Times business reporter Sam Dean gives us a crash course in what exactly NFTs are and how to think about whether they’re worth your money. And a pair of NFT collectors tell us why they think the digital tokens could change our lives even if we don’t buy them.
Also: An update about last week’s episode “Our nation’s Haitian double standard.”
Host: Gustavo Arellano
Guests: L.A. Times business reporter Sam Dean, NFT collectors Cooper Turley and Tim Kang and L.A. Times L.A. Times Houston bureau chief Molly Hennessy-Fiske
More reading:
$69 million for digital art? The NFT craze explained
Who can sell a Wonder Woman NFT? The guy who drew her or DC Comics?
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