This has got to be one of the most idiotic business ventures I've ever seen. I bet it will make millions of dollars
@Slavolko2 жыл бұрын
I'll take your entire (non-fungible) stock!
@carloweis2 жыл бұрын
Thus it's not idiotic.
@canadude64012 жыл бұрын
@@MarkStoddard just be careful backing out of the garage m-kay
@TXGRunner2 жыл бұрын
...or I can buy an Estes kit, build a way bigger rocket for a fraction of the cost and put decals on it for whatever brand I want. ...oh, and I'll have the sense of accomplishment knowing I built the rocket.
@ACoupleStoners2 ай бұрын
Congratulations, you got the entire point.
@ferulebezel2 жыл бұрын
I remember in the 70s when a guy in Los Gatos packaged an ordinary rock in a pet carrier looking box labelled "pet rock". He got rich. Of course everyone knew it was a gag.
@Foolish1882 жыл бұрын
Gag? My pet rock is the best behaved pet I have ever had. Told it to sit almost fifty years ago and it is still sitting.
@FathomFrequency2 жыл бұрын
@@Foolish188 🤣
@RoyGBiv-lc8tv2 жыл бұрын
Conservatives need to rise up and demand Biden and his goons to be ousted! The election was obviously stolen! This is not the way God intended it! MAGA 2024! At this point, violence is a necessity!
@FathomFrequency2 жыл бұрын
@@RoyGBiv-lc8tv( love that name btw) - there is an old adage I would have applied here...but hallmark cards are out of style and outdated. Are you ready to mow down your neighbors over clear voting fraud and malfeasance? Or are you new to how long this has been going on? ...or are you a simple paid troll looking for a reaction?
@JourneysADRIFT2 жыл бұрын
"NFTs" Immediately stops watching
@Zypher777772 жыл бұрын
THANK YOU
@tann_man2 жыл бұрын
NFTs have some limited utility and will probably have more in the future but this guy ain’t it.
@arkansaslibertarian50512 жыл бұрын
Can we just get some more Remy, please?
@resmarted2 жыл бұрын
I made one of those in 8th grade. Painted it too. Didn't do anything as moronic as an NFT tho.
@sephil Жыл бұрын
It's all about execution
@mattaz23152 жыл бұрын
PT Barnum allegedly said "There is a sucker born every minute." This guy is obviously after every one of them. Perhaps the worst video ever on Reason!
@QuadCloudNine2 жыл бұрын
Seconded.
@tuckerbugeater2 жыл бұрын
NFTs aren't market driven and are propped up by the Fed. Reason isn't very Libertarian.
@jacobawojtowicz2 жыл бұрын
@@tuckerbugeater NFTs are propped up by the fed directly? Because technically everything is held up by the fed indirectly right now...Care to elaborate?
@TheRealWinser2 жыл бұрын
Stop promoting NFT scams.
@michaeljohnson17612 жыл бұрын
I saw his space exposition at Site Santa Fe i 2017. Whimsical, Detailed, Serious. Incredible. Love his work.
@jeanniemaycrawford44662 жыл бұрын
Really? Nfts? Bruh, you're a scammer
@SuperFinGuy2 жыл бұрын
NFT's more like No F***ing Thanks
@SGCXD2 жыл бұрын
The opportunity to separate fools from their money will never end.
@RiverheadSkate2 жыл бұрын
Says he doesn't make art for collectors, and then the program immediately goes into his NFT COLLECTION, to be COLLECTED by....... COLLECTORS.
@RiverheadSkate2 жыл бұрын
By the way, he has made installations for -- you guessed it -- MUSEUMS which he also claims not to do.
@EdwardTCBlake2 жыл бұрын
"Immediately change the channel and do something else." Okay.
@Interopader2 жыл бұрын
I still don't get the purpose of NFTs. Never have I had a piece of art on my wall and thought I need a collectable digital version of this.
@Paul_Marek2 жыл бұрын
A better explanation of NFT that will make sense in the near future is “executable digital contracts”. Real estate will be sold by NFT soon.
@Interopader2 жыл бұрын
@@Paul_Marek And so would the real estate NFT cost the value of the property?
@Paul_Marek2 жыл бұрын
@@Interopader it’s no different than a regular real estate transaction except now instead of a paper sales contract and deed, it’s digital on the blockchain. All of the terms of the deal and any subsequent transactions are coded right into the NFT (digital contract), which gets executed automatically. Think of it as a list of “if this happens then do that” statements built right in. Pretty much everything will be sold as an NFT in future because of the simplistic executability and security. It’s too bad the digital art space has sorta bastardized the understanding of the potential and need for moving things toward NFTs. We should drop that name and instead call them EDCs (executable digital contracts).
@Paul_Marek2 жыл бұрын
@@Interopader to answer your question another way, is it the paper deed that holds the value of real estate, or the property itself? ;) Lol that’s a deep one!
@Interopader2 жыл бұрын
@@Paul_Marek So a digital contract makes sense. But NFTs worth millions makes no sense. What needs to be executed automatically in the real estate example?
@MarcelEnglmaier_12 жыл бұрын
Dude this guy is just selling model rockets and selling them. Convince me i’m wrong
@jacobawojtowicz2 жыл бұрын
But you can also own his Microsoft paint sketch of the rocket.
@MasterArkannor2 жыл бұрын
5:42 *holds up 4 fingers *realises *hmm, I better go whole hand with this before they ask me if I'm on something
@harrisonsmith15562 жыл бұрын
I thought this dude was borderline cringe when he was talking about NFTs. By the end of the video it is clear he went full cringe and either has no self-awareness or he's so high on his own supply he just doesn't care. Neither are good lol. He contributes nothing.
@cjpenning2 жыл бұрын
I think the people gung-ho about NFTs just get a thrill when someone else buys into their BS.
@crissd82832 жыл бұрын
It is like a pyramid scheme but instead of being built on a really weak product, it is based on nothing.
@tuckerbugeater2 жыл бұрын
@@crissd8283 It's based on the Federal Reserves monetary policy. The market doesn't want this or cryptocurrency.
@crissd82832 жыл бұрын
@@tuckerbugeater Are you saying that people don't trust the fed so much that they have more trust in NFTs and crypto? They are picking between two bad options and the fed is worse than NFTs? If that is what you are saying then I kinda agree with you.
@MaiElizabeth7 ай бұрын
Now we know where Casey got the phrase "Ideas are cheap, execution is everything"
@SilencerNate2 жыл бұрын
This has got to be one of the most weird interviews Reason has ever done. Part of the video I was trying to decide if this guy was a genius or a lunatic. By the time he starts discussing motherships, and computers working inside his butt or whatever, its cleared the latter.
@jacobawojtowicz2 жыл бұрын
The best geniuses are often lunatics.
@JD2jr.2 жыл бұрын
@@jacobawojtowicz But the majority of lunatics are not actually geniuses.
@breppbrepp2 жыл бұрын
Why choose, call it an artist
@Winford.Studios2 жыл бұрын
hes both, but mainly a lunatic
@headpump2 жыл бұрын
Ah, the great NFT ponzi scheme. Web3 is a bubble.
@bikinggreg2 жыл бұрын
Remember, back in the day, when you'd save your allowance, buy and assemble your own rocket kit, and then launch it yourself?
@skwest2 жыл бұрын
Finish this sentence: "A fool and his money are soon _____"
@HolographicSweater2 жыл бұрын
This was a lot more true when he started saying it in 2005
@lightsnaketv2 жыл бұрын
this guys is not an artist ,he is a scamer
@austinburgess89832 жыл бұрын
it's Tom sachs, it would be an amazing to have something he built personally
@levvayner45092 жыл бұрын
"makes digital items one of a kind" I am not an expert, but I am fairly certain that anything digital can be easily copied if you have access to the data. For example DVD had some mechanism for write protection, but it was quickly bypassed. Games have all sorts of ways to prevent piracy, and yet cracks exist for every game. The only thing NFT does is say "I legally own this particular set of 1s and 0s" which is based on dubious assumptions and unenforceable. The only enforceable part is the exchange/sale of those digital items in established markets that may check NFT ownership before allowing a sale.
@patrickhemus81022 жыл бұрын
The tech behind making an NFT unique and unable to be copied is blockchain and cryptography. I’d love into those before assuming.
@AnonEMoose-mr8jm2 жыл бұрын
Just another way for a fool to be parted with his money.
@crissd82832 жыл бұрын
While I believe people should be able to spend their money on whatever they want. Even if it is a worthless NFT, it is your time and your money so do what you want. I personally wouldn't spend a cent to do this. I would much rather build a real rocket with my son but to each his own. It isn't my place to decide where you spend your money, this is a strange reasonTV episode.
@williemherbert14562 жыл бұрын
NFT is even worse than worthless, they have no worth at all, you buy those things but you would never own anything at all, just a waste of money for something that's imaginative unrealistic that couldn't be utilized more than fine art that at least still could be functioned as unique decoration in a space, as valueless as crypto-currency at the end of the day when it stopped being used as black market currency, instead used as if they're reliable investment by the normies.
@motnosniv2 жыл бұрын
1 + 1 = 1,000,000? Dude is wack. Not surprising that he's on drugs.
@TheRealBrook19682 жыл бұрын
My cousin lived on a farm and we would order Estes rocket parts from the comic book back page and fire them in a field.
@janetdupree63532 жыл бұрын
Brilliant. Tom is the bomb!
@Standbackforscience5 ай бұрын
2 minutes in and so damned disappointed Tom Sachs has gotten stuck in the NFT swamp. Changing the channel.
@64maxpower2 жыл бұрын
What am I missing?
@grraadd2 жыл бұрын
thank you - no. from pushing BTC global con to nft - even more conjobby BS, but brand new. Worth watching first will be: "Line Goes Up - The Problem With NFTs"
@acctsys2 жыл бұрын
Looks like an expensive form of entertainment to me. It doesn't look scummy as it doesn't seem to be the "investment" NFTs. Still, it doesn't appeal to me.
@vaclavjebavy51182 жыл бұрын
I can't afford to go to the circus, so I watch ReasonTV.
@jonathanwallers45462 жыл бұрын
Something tells me the "Return KZbin Dislike" add-on will be useful on this video.
@driesdeblock29019 ай бұрын
This is the least Tom Sachs Tom Sachs project ever...
@silveravnt2 жыл бұрын
High everyone!
@romanspataro1688 Жыл бұрын
great interview
@ManCave1972 Жыл бұрын
It’s bollocks, of course. NFT was never going to amount to anything and it’s dead before it ever became anything meaningful. Utter bollocks.
@TheRisky92 жыл бұрын
The technology behind NFTs are not inherently bad. It has a lot of uses. For example, an artist could assign an official NFT to their physical artwork before it's sold, which would allow future potential owners and sellers to easily prove provenance. And this would be a powerful, private sector tool to protect consumers. Comic books, coins, and other collectables that have been graded and authenticated could also use this technology.
@skippityblippity86562 жыл бұрын
Dont tell marvel about this
@predtime2 жыл бұрын
I honestly think I misunderstood something toward the end. Where is this guy coming up with peanut butter in Mars rocks?
@jingles123456789ify2 жыл бұрын
I don't understand this whatsoever
@mundaneallaround2 жыл бұрын
Money laundering is an art.
@resmarted2 жыл бұрын
You don't know what money laundering is.
@mundaneallaround2 жыл бұрын
www.
@mundaneallaround2 жыл бұрын
artandobject.
@mundaneallaround2 жыл бұрын
com
@mundaneallaround2 жыл бұрын
/news/how-money-laundering-works-art-world
@edgewyze73522 жыл бұрын
I make digital art. I don't want lizard "money" for it.
@j_shelby_damnwird2 жыл бұрын
The West is toast
@edwardferry8247 Жыл бұрын
The dude is interested in making money, he’s from the same cloth as Koons. That’s cool but to deny it from the outset kind of sucks.
@rgb33042 жыл бұрын
His work has been pretty cool in the past, but this is just stupid.
@Phantom85892 жыл бұрын
NFT's are things sold by people who don't own them. Personally I never recommend getting an NFT.
@jackspruceiii39202 жыл бұрын
I completely agree with Mr. Edward T.C. Blake and Mr. Dapper Dan ... having unfortunately met and having had to work for Mr. Poisonous Dwarf. To the "hypocrisy and arrogance" comments of D.Dan, I would add "obnoxious, obsessively narcissistic, condescending, and massively idiotic". And as Mr. Blake comments ... I agree. The only half-way intelligent words I ever heard come out of Shorty's mouth were; "Immediately change the channel and do something else."
@MrTomservo852 жыл бұрын
The future is stupid
@moribundmurdoch2 жыл бұрын
Are NFTs just an informal copyright system that doesn't really work. I never really liked copyright in the first place? ROFL MDR LOL. I love tokenized stocks & asset-backed tokens, but I don't think NFTs are useful yet. This is an interesting way to use NFTs though.
@moribundmurdoch2 жыл бұрын
@_____ Yeah, it just appears to be some dude's nerd project. IDK why ReasonTV is covering it besides maybe their penchant for NFTS: IDK I think they'd made their own NFTs of their staff before.??
@lisandroCT2 жыл бұрын
Buddy, your neurons are freaking out and you're imagining a transcendental experience. There's nothing trascendental about it. 😂
@TECHN012002 жыл бұрын
On the basis of how NFTs work, I do not see how they are any different to a normal database except instead of the database being entirely hidden, it is out and in the public. I see NFTs only really being useful in applications where the data is stored on the NFT and not just as a link to some data that someone else actually hosts and secondly, that there is actually a need to have this data be completely transparent.
@EricGranata2 жыл бұрын
NFTs are like getting a star named after you. You don’t own the star. Nor do you really own the right to say it is exclusively yours. What you’ve bought is your name next to an entry in the star registry’s database. NFTs are that but the database is visible to everyone.
@joshwent2 жыл бұрын
@@EricGranata This is fantastically incorrect
@EricGranata2 жыл бұрын
@@joshwent teach me.
@nickwilson34992 жыл бұрын
@@EricGranata from what I understand people use them (in theory at least) as digital contracts or proof of ownership just like a deed to a house. That doesn't mean that buying bad art of monkeys isn't dumb.
@EricGranata2 жыл бұрын
@@nickwilson3499 what’s the point, though? What benefit is there for a deed to be recorded on the blockchain?
@wenloongg2 жыл бұрын
The neistat brothers’ sensei
@Timboykee2 жыл бұрын
Can we use NFT technology to verify votes in elections?
@joefunsmith2 жыл бұрын
Whether NFT or other blockchain/crypto schema, it would be incredible. The goal being, an individual can verify their vote was cast and counted as intended, officials can verify they voted, but more extreme steps need to be taken for officials to verify who or what you voted for, example: multiple keyholders to reduce shenanigans. Election officials would be able to see aggregate data. I'm very much a novice on the outside looking at this, but worth more inspection.
@DarkHorseSki2 жыл бұрын
NFT's are just as stupid as crypto currency.
@juliancate70892 жыл бұрын
I got two minutes in before laughing at the seriousness given to NFTs in general and artists using NFTs to hype their garbage.
@07serda2 жыл бұрын
This is not REASON able.
@ProductBasement2 жыл бұрын
What the heck did I just watch
@SDsc0rch2 жыл бұрын
explain why this guy is NOT eminently narcissistic
@jacobawojtowicz2 жыл бұрын
Lots of hate in the comments....i was all about "you do you" for this guy until he said ketamine was a safer version of acid.
@sumatrican59902 жыл бұрын
50/50 because only two people have bought lol
@skippityblippity86562 жыл бұрын
I really enjoyed this interview The guy seems to be very aware of himself and articulate in his philosophy
@Vlfkfnejisjejrjtjrie2 жыл бұрын
He kmows how to sell a polished turd.
@SDsc0rch2 жыл бұрын
"multidimensional" I don't think it means what you think it means
@VincentFischer2 жыл бұрын
I hear NFT i close the tab
@bruceh39052 жыл бұрын
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
@cellardoor75002 жыл бұрын
3 dimensions and all 3 are boring AF.
@fernchanjan7332 жыл бұрын
I guess Tom couldn't help himself from getting wrapped up with idiotic NFT projects.
@michellesimonds77232 жыл бұрын
Thanks for posting this interview. It was interesting!
@Muonium12 жыл бұрын
thanks for reminding me how much I hate wanky avant-garde artist crap. 👍🏻
@ferulebezel2 жыл бұрын
Gillespie's English major background is showing. Reason is getting infected with post modernism/critical theory to the degree that it is starting to resemble Wired.
@SDsc0rch2 жыл бұрын
absurd
@thelaurens19962 жыл бұрын
This guy actually has some interesting views and ideas.
@SDsc0rch2 жыл бұрын
a fool and his money..........
@romancandlefight11442 жыл бұрын
Guys please stop wasting your precious time and money...
@kc42762 жыл бұрын
Can he build me a McNuke NFT?
@quirkyturtle48962 жыл бұрын
I would like to see LESS of this content.
@freesk82 жыл бұрын
I hope he sells a lot of rockets! :)
@WhoTube2772 жыл бұрын
What?
@JacobAnawalt2 жыл бұрын
What do you call a few “rules for life” mixed with philosophy and a grift?
@larrydugan14412 жыл бұрын
DUH?
@I.dont.think.you.understand2 жыл бұрын
Awesome vid. Love that these two great minds met. For those claiming you can just go build your own...way to state the obvious. Take the time to look more into Tom's work; you'll find out very quickly there is literally nothing more "Tom Sachs" than going out and "making one yourself." That's precisely what his Art is all about.
@arikwolf37772 жыл бұрын
What a rip-off. Just order an Estes model rocket and build and launch it yourself...for about a $100.
@JasonFiske2 жыл бұрын
You had me at Tom Sachs. Love it!
@bencruz5632 жыл бұрын
This guy is right about intillectual property.
@TrevmiceterZ2 жыл бұрын
Why are y'all calling this a scam? The project is very clear in their intentions and it is a voluntary exchange. I think a lot people can't get past the Monkey JPEG idea of NFTs when it can be so much bigger than that. Verifying ownership of JPEGs are just the easiest implementation of their use, so of course they were implemented first. Tom Sachs is creatively expanding upon the space and I think it's cool. I'm not willing to spend the money on it, but it seems enough people are. They want to be a part of the Sachs' project, so let them.
@user-nh3gu1ge3d2 жыл бұрын
A lot of people are scammed in a "voluntary exchange". It sure looks like a bs scam to me, I guess time will tell. Would you consider pet rocks to be a scam? People voluntarily bought them...
@Vlfkfnejisjejrjtjrie2 жыл бұрын
@@user-nh3gu1ge3d people knew pet rock was a gag and never paid millions for one...This is a scam for the naive...so be it.
@cellardoor75002 жыл бұрын
N 🤢 F 🤢 T 🤮
@D00kerT2 жыл бұрын
Interesting guy but the catch phrase part just had me rolling my eyes. “Dont be creative!”. Ok dude.
@watts3912 жыл бұрын
A.B.K.
@bille77 Жыл бұрын
A tad too moronic for my taste.
@23wtb2 жыл бұрын
Love copyright law? Well what if we could apply copyrights to literally anything you could see with your eye.
@conradbamboozled16532 жыл бұрын
Cringe
@timsexton2 жыл бұрын
12:40 - Now we're talking, baby!! I've certainly wandered about my fair share of k-hole collectives. The rest of the interview... Meh