1 00:00:00,200 --> 00:00:04,160 Speaker 1: The nasdag down today, but the Hot pop Star indexes up. Bye, 2 00:00:04,280 --> 00:00:05,080 Speaker 1: it's one more thing. 3 00:00:06,480 --> 00:00:12,039 Speaker 2: I'm strung and getty, one more thing. I have two 4 00:00:12,119 --> 00:00:15,880 Speaker 2: comments before we get to that one. It's my oldest 5 00:00:15,920 --> 00:00:20,160 Speaker 2: son's birthday, which means his birthday coincides with how long 6 00:00:20,200 --> 00:00:23,360 Speaker 2: I've been a parent. I speak for all parents on 7 00:00:23,800 --> 00:00:27,440 Speaker 2: every time their kid has a birthday, whether it's two, twelve, 8 00:00:27,600 --> 00:00:30,320 Speaker 2: twenty two, or fifty two, you can't believe that they're 9 00:00:30,480 --> 00:00:33,760 Speaker 2: whatever age it is. It's just you just can't believe. 10 00:00:33,800 --> 00:00:35,320 Speaker 2: It doesn't seem possible. 11 00:00:35,840 --> 00:00:37,600 Speaker 1: The hours drag and the year's jerk. 12 00:00:37,880 --> 00:00:42,560 Speaker 2: Yeah, stunning. And he's bigger than me, which is weird. 13 00:00:43,400 --> 00:00:44,760 Speaker 2: He's fourteen today. 14 00:00:45,240 --> 00:00:47,879 Speaker 1: Well, and you're seven foot eight, four hundred and fifty pounds. 15 00:00:48,080 --> 00:00:50,120 Speaker 1: So he's a kid. Amazing. 16 00:00:50,200 --> 00:00:52,200 Speaker 2: He's won seventy five. When I was an eighth grade 17 00:00:52,200 --> 00:00:54,880 Speaker 2: I wrestled at eighty eight pounds. He's almost one hundred 18 00:00:54,880 --> 00:00:57,240 Speaker 2: pounds bigger than I was this an eighth grader. 19 00:00:57,600 --> 00:01:01,560 Speaker 1: Eighty eighty eight pounds. Are you mountain nourished? Should we 20 00:01:01,640 --> 00:01:03,120 Speaker 1: call the county? Yeah? 21 00:01:03,160 --> 00:01:06,959 Speaker 2: You know, retroactively, I was a whispy little person. 22 00:01:08,400 --> 00:01:11,199 Speaker 1: Now look are you towering over the average man. 23 00:01:12,640 --> 00:01:14,600 Speaker 2: And then my other thing was, since you mentioned the 24 00:01:14,640 --> 00:01:20,080 Speaker 2: stock market, bitcoin hit a high day before yesterday, I 25 00:01:20,120 --> 00:01:22,119 Speaker 2: thought that whole thing was over. I don't pay attention 26 00:01:22,160 --> 00:01:25,480 Speaker 2: to this cryptocurrency stuff. I know nothing about it. I 27 00:01:25,480 --> 00:01:28,200 Speaker 2: probably should know more about it and learn about it. 28 00:01:28,560 --> 00:01:31,039 Speaker 2: But I thought it was over, just or at least 29 00:01:31,040 --> 00:01:33,080 Speaker 2: over for a while, and here it hit its high 30 00:01:33,160 --> 00:01:36,000 Speaker 2: est day. Although in my defense, at least according to 31 00:01:36,080 --> 00:01:38,760 Speaker 2: Wall Street Journal and listen, experts didn't see it coming 32 00:01:38,800 --> 00:01:41,920 Speaker 2: at all. People who spend their entire days got degrees 33 00:01:41,920 --> 00:01:43,959 Speaker 2: in it. It's the only thing to do in their lives, 34 00:01:44,160 --> 00:01:46,479 Speaker 2: didn't think that was going to happen. So there you go. 35 00:01:46,880 --> 00:01:51,120 Speaker 2: But a friend of mine who got a new super powerful, 36 00:01:51,160 --> 00:01:53,600 Speaker 2: like the most powerful computer you can get, told me 37 00:01:53,600 --> 00:01:55,360 Speaker 2: they were going to start mining bitcoin. 38 00:01:56,200 --> 00:02:00,160 Speaker 1: Oh wow, My great grandfather was a bitcoin mind or 39 00:02:00,200 --> 00:02:01,400 Speaker 1: he died of black lung. 40 00:02:02,040 --> 00:02:04,720 Speaker 2: And I don't even know what that means. And I 41 00:02:05,360 --> 00:02:08,480 Speaker 2: didn't ask because whatever their explanation was wasn't I wasn't 42 00:02:08,480 --> 00:02:09,239 Speaker 2: gonna understand. 43 00:02:09,320 --> 00:02:14,440 Speaker 1: But yeah, it's pretty much just an eye glazing waiting 44 00:02:14,480 --> 00:02:15,720 Speaker 1: to happen, if you know what I mean. 45 00:02:15,760 --> 00:02:17,880 Speaker 2: But I mean, like when Ford stock is up. I 46 00:02:17,919 --> 00:02:19,720 Speaker 2: can't you know. I'm gonna start building some Fords in 47 00:02:19,760 --> 00:02:22,640 Speaker 2: my garage and sell them. But you can't do that 48 00:02:22,680 --> 00:02:26,120 Speaker 2: with bitcoin. You start mining some in your garage. 49 00:02:26,800 --> 00:02:29,920 Speaker 1: It has to do with the computers and math problems 50 00:02:29,960 --> 00:02:34,160 Speaker 1: and algorithms. Wow, better get in brief brief summary. 51 00:02:34,280 --> 00:02:36,000 Speaker 2: I don't know, complix, I don't know if there's anything 52 00:02:36,040 --> 00:02:38,400 Speaker 2: I've ever understood less. I'd rather take a shot at 53 00:02:38,440 --> 00:02:40,960 Speaker 2: operating on your brain than trying to figure out how 54 00:02:40,960 --> 00:02:41,760 Speaker 2: to mine bitcoin. 55 00:02:42,160 --> 00:02:46,400 Speaker 1: Now, haw, can this be Let's roll up our sleeves. Yeah, yeah, 56 00:02:46,480 --> 00:02:50,440 Speaker 1: next time it dips, I'm gonna buy some. I'm just 57 00:02:50,639 --> 00:02:54,840 Speaker 1: thank you, sir, thank you. But how do you have that, Michael? 58 00:02:55,560 --> 00:02:58,000 Speaker 2: Nobody actually knows obviously on these things, or you'd be 59 00:02:58,000 --> 00:03:01,000 Speaker 2: a trillionaire. But this, this person who's going to mind 60 00:03:01,040 --> 00:03:02,920 Speaker 2: some bitcoin, said buy it now, I mean, you know, 61 00:03:02,960 --> 00:03:04,240 Speaker 2: by it if he's all of you again, but it'd 62 00:03:04,240 --> 00:03:06,480 Speaker 2: still be a great buy now. It's only going to 63 00:03:06,520 --> 00:03:08,160 Speaker 2: go up, so I mean over time. 64 00:03:09,360 --> 00:03:12,960 Speaker 1: But I have no idea. Hmmm. I think that's fairly 65 00:03:13,080 --> 00:03:15,320 Speaker 1: legit based on what I've read, But I don't want 66 00:03:15,360 --> 00:03:17,600 Speaker 1: to give out any of the advice or even appear to. 67 00:03:17,560 --> 00:03:19,840 Speaker 2: Be people's People can and do lose money. 68 00:03:20,720 --> 00:03:23,200 Speaker 1: So those were your two comments. May press ahead. 69 00:03:23,320 --> 00:03:25,120 Speaker 2: Isn't that kind of interesting though? And then I'll be 70 00:03:25,160 --> 00:03:28,519 Speaker 2: done that. The Wall Street analysts who dedicate their lives, 71 00:03:28,680 --> 00:03:30,040 Speaker 2: you mean, you have to be the best of this 72 00:03:30,720 --> 00:03:33,880 Speaker 2: to be in the Wall Street Journal And they're like, what, yeah, 73 00:03:33,919 --> 00:03:34,320 Speaker 2: we we. 74 00:03:34,280 --> 00:03:36,080 Speaker 1: Got an email from a guy who's totally into this, 75 00:03:36,120 --> 00:03:39,160 Speaker 1: who says, yeah, the Wall Street guys don't know, but 76 00:03:39,400 --> 00:03:42,160 Speaker 1: anybody who's into this knows exactly what's happening. It's not 77 00:03:42,200 --> 00:03:45,320 Speaker 1: that mysterious. But I don't know. Everybody's got an opinion 78 00:03:45,640 --> 00:03:46,320 Speaker 1: and I don't care. 79 00:03:47,120 --> 00:03:49,400 Speaker 2: I can't. They're missing your own wealth. I can be 80 00:03:49,560 --> 00:03:50,720 Speaker 2: rich rich, I tell. 81 00:03:50,560 --> 00:03:57,320 Speaker 1: You well by then bye, by the dip the rocky, right, sir. 82 00:03:58,120 --> 00:03:59,880 Speaker 2: It'd be the first time I invested in something and 83 00:04:00,000 --> 00:04:02,000 Speaker 2: I don't have the slightest idea what I invested in. 84 00:04:02,360 --> 00:04:03,760 Speaker 2: What did you buy? I don't know? 85 00:04:05,840 --> 00:04:09,040 Speaker 1: Yeah? How about pop stars? Jack? Do you understand what 86 00:04:09,120 --> 00:04:12,240 Speaker 1: a pop star is? You know hit music? You ever 87 00:04:12,280 --> 00:04:12,840 Speaker 1: heard music? 88 00:04:12,920 --> 00:04:13,119 Speaker 3: Son? 89 00:04:13,200 --> 00:04:17,440 Speaker 1: You on radio? This is a new company. It's a 90 00:04:17,480 --> 00:04:24,279 Speaker 1: startup that is offering stock in individual artists' record. 91 00:04:24,160 --> 00:04:28,560 Speaker 2: Catalogs, so I could buy a piece of Ariana Grande's catalog. 92 00:04:29,640 --> 00:04:36,800 Speaker 1: Well kind of, sort of. Theoretically, JKBX pronounced Jukebox open 93 00:04:36,880 --> 00:04:39,760 Speaker 1: its new marketplace after the SEC signed off on it. 94 00:04:40,360 --> 00:04:43,440 Speaker 1: Individual investors can visit its website to buy slices of 95 00:04:43,480 --> 00:04:48,120 Speaker 1: the income generated by dozens of songs, effectively, according to 96 00:04:48,160 --> 00:04:53,760 Speaker 1: the journal, bonds backed by beats nobody's laughing into light 97 00:04:53,839 --> 00:04:56,839 Speaker 1: or clapping their hat no. Among those songs are the 98 00:04:56,920 --> 00:04:59,800 Speaker 1: two thousand and nine Beyonce hit Halo and Rumor Has 99 00:04:59,839 --> 00:05:04,360 Speaker 1: It Adel. Others whose songs are listed on Jukebox include 100 00:05:04,480 --> 00:05:08,000 Speaker 1: You Two, Stevie Wonder, and the Electronic Dance Music Act 101 00:05:08,160 --> 00:05:09,120 Speaker 1: Major Laser. 102 00:05:09,480 --> 00:05:12,120 Speaker 2: So let me guess before you tell us. So, is 103 00:05:12,160 --> 00:05:14,400 Speaker 2: this a situation where I'd like hear a song, think 104 00:05:14,440 --> 00:05:16,520 Speaker 2: this is going to be huge, and then invest in 105 00:05:16,560 --> 00:05:18,440 Speaker 2: it and if it is huge, I get some I 106 00:05:18,480 --> 00:05:19,000 Speaker 2: make money. 107 00:05:19,640 --> 00:05:23,360 Speaker 1: Well, that would be it if it was like they 108 00:05:23,360 --> 00:05:26,239 Speaker 1: had access to all pop music, or even most pop music. 109 00:05:26,640 --> 00:05:29,000 Speaker 1: Many of the initial offerings come from a catalog of 110 00:05:29,080 --> 00:05:31,320 Speaker 1: hits sold in twenty twenty one by the pop producer 111 00:05:31,400 --> 00:05:36,680 Speaker 1: Ryan Tedder, who owned some of the rights to songs 112 00:05:36,760 --> 00:05:39,480 Speaker 1: he owned the producer's rights, so he gets a cut 113 00:05:39,480 --> 00:05:43,080 Speaker 1: of the revenue, and he sold all of that. So, 114 00:05:43,160 --> 00:05:47,160 Speaker 1: for instance, Taylor Swift's Welcome to New York is on 115 00:05:47,360 --> 00:05:51,400 Speaker 1: the only Taylor Swift song listed on jukebox. So it's 116 00:05:51,480 --> 00:05:54,159 Speaker 1: kind of you rummage through it electronically and decide whether 117 00:05:54,240 --> 00:05:55,680 Speaker 1: you know, you think that song is going to be 118 00:05:55,720 --> 00:05:59,800 Speaker 1: a big deal. But I've often thought you actually, I 119 00:05:59,800 --> 00:06:01,720 Speaker 1: think think you may have been the first person I've 120 00:06:01,720 --> 00:06:03,640 Speaker 1: ever heard say this. Years and years ago, you said 121 00:06:03,839 --> 00:06:08,239 Speaker 1: I wish you could buy stocking people, whether a band 122 00:06:08,400 --> 00:06:11,360 Speaker 1: or an actor. You know, I was just helping out 123 00:06:11,360 --> 00:06:13,520 Speaker 1: at a golf tournament. There's this kid who I've seen 124 00:06:13,520 --> 00:06:15,960 Speaker 1: now three years in a row, who you know, he 125 00:06:16,000 --> 00:06:18,560 Speaker 1: hopes to be on the pro golf Tours. That's a 126 00:06:18,760 --> 00:06:21,640 Speaker 1: very very difficult goal to achieve, but he's one of 127 00:06:21,640 --> 00:06:23,440 Speaker 1: those kids who's going to be a winner no matter 128 00:06:23,480 --> 00:06:26,400 Speaker 1: what he does, if he goes into business or whatever, 129 00:06:26,440 --> 00:06:30,320 Speaker 1: he is a winner. I wish I could buy stocking him. 130 00:06:30,360 --> 00:06:32,039 Speaker 2: I got a tutor for my son. That's like that. 131 00:06:32,120 --> 00:06:35,160 Speaker 2: It's just like you, You've got going to be successful 132 00:06:35,160 --> 00:06:36,760 Speaker 2: in life dripping off of you. 133 00:06:37,680 --> 00:06:40,000 Speaker 1: Yeah. Yeah, if you decide to be a brain surgeon. 134 00:06:40,000 --> 00:06:41,279 Speaker 1: You're going to be a really good one, or a 135 00:06:41,279 --> 00:06:46,640 Speaker 1: business person or whatever. Yeah. So anyway, yeah, that would 136 00:06:46,680 --> 00:06:48,960 Speaker 1: be cool, wouldn't it to actually? You know, you like 137 00:06:49,000 --> 00:06:51,600 Speaker 1: come across a band in a bar and there's stock, 138 00:06:51,680 --> 00:06:53,240 Speaker 1: could be a penny stock. 139 00:06:53,200 --> 00:06:58,600 Speaker 2: Right, So I kind of thought that the whole bitcoin 140 00:06:58,640 --> 00:07:01,680 Speaker 2: thing was dead and NFT were dead. Now our bitcoin 141 00:07:01,800 --> 00:07:06,400 Speaker 2: is not dead, it's the highest our NFTs still dead. 142 00:07:06,839 --> 00:07:09,479 Speaker 1: As a hammer? Boo flat lined? 143 00:07:09,720 --> 00:07:13,120 Speaker 2: Did you ever get into NFTs? Katie m our ro 144 00:07:13,280 --> 00:07:15,320 Speaker 2: producer Sean was into him and he bought a couple. 145 00:07:16,040 --> 00:07:16,360 Speaker 1: I don't. 146 00:07:16,360 --> 00:07:19,880 Speaker 2: I don't get it. Nobody does, and it's stupid. And 147 00:07:20,320 --> 00:07:22,240 Speaker 2: I remember, so he had a picture of what was 148 00:07:22,240 --> 00:07:25,480 Speaker 2: It was a gorilla cartoon, gorilla smoking a stach club. 149 00:07:25,840 --> 00:07:28,400 Speaker 2: Oh yeah, the board eight with a yacht hat on. 150 00:07:28,600 --> 00:07:31,640 Speaker 1: Or tired ape or flaccid ape or whatever it was. 151 00:07:31,760 --> 00:07:33,200 Speaker 1: And I don't care because it's stupid. 152 00:07:33,280 --> 00:07:35,200 Speaker 2: And he showed it to me on his phone and 153 00:07:35,240 --> 00:07:36,720 Speaker 2: I said hold still, and I got out my phone 154 00:07:36,760 --> 00:07:38,320 Speaker 2: and I took a picture of it and said, look, no, 155 00:07:38,480 --> 00:07:40,520 Speaker 2: I got it. And I didn't pay anything for its 156 00:07:40,600 --> 00:07:43,480 Speaker 2: exactly the same, no, no, no, no, mine is real 157 00:07:43,520 --> 00:07:46,160 Speaker 2: yours is not, Sayszo, what does that even mean? So 158 00:07:46,280 --> 00:07:48,640 Speaker 2: I never quite understood it. It made sense. And he was 159 00:07:48,680 --> 00:07:51,800 Speaker 2: buying sports stuff like he would get in a draft 160 00:07:52,200 --> 00:07:55,560 Speaker 2: for the opportunity to buy various sports stars. And he 161 00:07:55,640 --> 00:07:57,240 Speaker 2: made a decent amount of money when it was hot. 162 00:07:57,280 --> 00:07:58,640 Speaker 2: I mean you could make money and you know, see 163 00:07:58,640 --> 00:08:01,160 Speaker 2: the Tulip crash. I mean you can get make MC 164 00:08:01,240 --> 00:08:04,880 Speaker 2: money in anything if people are speculating it. Doesn't you know, 165 00:08:05,080 --> 00:08:07,800 Speaker 2: be pebbles if for some reason people are paying for pebbles. 166 00:08:08,200 --> 00:08:10,800 Speaker 1: Katie's given us a what the hell looks? So he would, 167 00:08:10,800 --> 00:08:16,320 Speaker 1: for instance, buy the exclusive rights to own NBA films 168 00:08:17,600 --> 00:08:21,240 Speaker 1: Michael Jordan's Soaring across the Lane and slamming it down 169 00:08:21,280 --> 00:08:24,200 Speaker 1: against Cleveland in nineteen eighty six or whatever. Don't I 170 00:08:24,280 --> 00:08:26,320 Speaker 1: don't care, so don't check me on that stuff. But 171 00:08:26,840 --> 00:08:30,320 Speaker 1: and so that official highlight, he would own the NFT 172 00:08:30,560 --> 00:08:35,160 Speaker 1: of that. Now you could see it on ESPN twenty 173 00:08:35,200 --> 00:08:40,040 Speaker 1: times a day, YouTube or again I could watch it. Yeah, 174 00:08:40,040 --> 00:08:41,720 Speaker 1: I could watch it on my phone, but I would 175 00:08:41,760 --> 00:08:45,360 Speaker 1: have known the official one. And there is rampant speculation 176 00:08:45,520 --> 00:08:48,520 Speaker 1: in this and they were selling it like crazy bands 177 00:08:48,600 --> 00:08:49,000 Speaker 1: did it. 178 00:08:49,559 --> 00:08:53,240 Speaker 2: Sports. He was making he was making low four figures 179 00:08:53,240 --> 00:08:53,920 Speaker 2: on some of these. 180 00:08:55,120 --> 00:08:58,040 Speaker 1: Yeah, he means six grand on one that he he 181 00:08:58,120 --> 00:09:00,280 Speaker 1: bought and sold t two days later, a week or 182 00:09:00,320 --> 00:09:00,960 Speaker 1: something like that. 183 00:09:01,120 --> 00:09:04,040 Speaker 3: This is blowing my mind because my only question is, like, 184 00:09:04,120 --> 00:09:09,160 Speaker 3: why I don't naked speculation? Okay, Well, the only the 185 00:09:09,320 --> 00:09:12,160 Speaker 3: NFT that I remember was do you guys remember Madonna's 186 00:09:12,760 --> 00:09:18,400 Speaker 3: where she had like earth growing out of her oh China? 187 00:09:18,559 --> 00:09:21,560 Speaker 2: Yes, yeah, yes, that was the only NFT that caught 188 00:09:21,559 --> 00:09:22,079 Speaker 2: my attention. 189 00:09:22,679 --> 00:09:23,559 Speaker 1: So disturbing. 190 00:09:23,840 --> 00:09:27,320 Speaker 2: Yes, but I always use the example in its favor, 191 00:09:27,320 --> 00:09:29,680 Speaker 2: even though it didn't work. This way was like with art. 192 00:09:29,880 --> 00:09:31,760 Speaker 2: You know, you've got the actual painting and then you've 193 00:09:31,760 --> 00:09:34,960 Speaker 2: got a a duplicate of the painting that is I 194 00:09:35,000 --> 00:09:39,480 Speaker 2: can't tell, but it's worth nothing for some reason. And print, yeah, 195 00:09:39,640 --> 00:09:41,680 Speaker 2: a print, and then sometimes you have the one of 196 00:09:41,760 --> 00:09:45,080 Speaker 2: five hundred prints they have some value. Yeah I don't. 197 00:09:45,920 --> 00:09:48,880 Speaker 1: Yeah, that's a thing because I know some artists and 198 00:09:48,960 --> 00:09:54,400 Speaker 1: photographers who do that, and they're like, they are incredibly 199 00:09:54,480 --> 00:09:57,360 Speaker 1: hardcore that I am printing five hundred of these period 200 00:09:57,440 --> 00:09:59,439 Speaker 1: and then I am destroying the negative. That's the way 201 00:09:59,480 --> 00:10:03,360 Speaker 1: you create value. But you're so right. The idea that 202 00:10:03,440 --> 00:10:05,960 Speaker 1: if I had the original of some I don't know renoir, 203 00:10:06,400 --> 00:10:10,080 Speaker 1: that would cost me forty two million dollars. Or I 204 00:10:10,120 --> 00:10:13,440 Speaker 1: could have a print of it, not quite as legit looking, 205 00:10:13,480 --> 00:10:16,080 Speaker 1: but I could probably get like an oil copy of 206 00:10:16,120 --> 00:10:19,640 Speaker 1: it that some brilliant art student cranks out, and I 207 00:10:19,640 --> 00:10:23,160 Speaker 1: could get that for two thousand dollars instead of forty 208 00:10:23,160 --> 00:10:25,600 Speaker 1: two million. I mean, it's just it's a bit of 209 00:10:25,640 --> 00:10:32,560 Speaker 1: a it's an interesting facet of human behavior. 210 00:10:32,720 --> 00:10:35,400 Speaker 2: Books is a good example that I used first edition, 211 00:10:35,440 --> 00:10:38,000 Speaker 2: But it's just that's just words on paper. I mean, 212 00:10:38,040 --> 00:10:42,040 Speaker 2: so now you're you're just excited that this particular stack 213 00:10:42,080 --> 00:10:45,080 Speaker 2: of words on paper is old and one of the 214 00:10:45,080 --> 00:10:45,920 Speaker 2: first of this. 215 00:10:46,480 --> 00:10:50,800 Speaker 1: But why I know, I have been in a wrestling match. 216 00:10:50,840 --> 00:10:54,320 Speaker 1: I've talked about this publicly with myself for years now. 217 00:10:55,200 --> 00:10:59,520 Speaker 1: I want very much to buy a first edition copy 218 00:10:59,679 --> 00:11:03,559 Speaker 1: of Dickens a Christmas Carol, because it's one of my 219 00:11:03,559 --> 00:11:06,080 Speaker 1: favorite things in the world. I read it every single year. 220 00:11:08,400 --> 00:11:11,520 Speaker 1: But then I say, what good would that do you? 221 00:11:11,520 --> 00:11:14,079 Speaker 1: You could tell people you have it, and that makes 222 00:11:14,120 --> 00:11:18,800 Speaker 1: you look cool, or it solidifies that you cherish this 223 00:11:19,000 --> 00:11:23,600 Speaker 1: work of art. That's not a terrible motivation, but I 224 00:11:23,640 --> 00:11:27,720 Speaker 1: always end up with let me think about it, because 225 00:11:27,720 --> 00:11:30,480 Speaker 1: I can afford it. It's expensive, but I can afford it. 226 00:11:31,480 --> 00:11:36,480 Speaker 2: But it's in the NFT's lane of somewhat imaginary value. 227 00:11:36,600 --> 00:11:38,920 Speaker 3: But I feel like with the NFTs, it's it's not 228 00:11:39,080 --> 00:11:41,600 Speaker 3: something like with the first edition book, you're holding kind 229 00:11:41,600 --> 00:11:45,320 Speaker 3: of a piece of history and it's a physical thing. 230 00:11:45,800 --> 00:11:48,760 Speaker 3: With this NFT, I mean, no knock on positive shamp. 231 00:11:48,800 --> 00:11:50,040 Speaker 3: But if he could pull it up and show you 232 00:11:50,080 --> 00:11:53,200 Speaker 3: on his phone and go, hey, check this out, it's like, Okay, 233 00:11:53,280 --> 00:11:56,080 Speaker 3: I I could take a screenshot on my phone and 234 00:11:56,120 --> 00:11:58,520 Speaker 3: pretend I have it too. Check this out. I don't 235 00:11:58,559 --> 00:12:02,400 Speaker 3: get the value, uh right or h well, it didn't work, 236 00:12:02,400 --> 00:12:03,840 Speaker 3: you know, regardless it didn't work. 237 00:12:04,320 --> 00:12:06,480 Speaker 1: I think we have, at the end of a long 238 00:12:06,520 --> 00:12:09,160 Speaker 1: period of rambling, come to the fundamental question at the 239 00:12:09,160 --> 00:12:12,400 Speaker 1: heart of all this, what is the difference between the 240 00:12:12,440 --> 00:12:16,920 Speaker 1: physical and the digital in terms of human beings perception 241 00:12:17,040 --> 00:12:17,920 Speaker 1: of value? 242 00:12:18,040 --> 00:12:20,720 Speaker 2: And that was part of whole Andy Warhol's entire art 243 00:12:20,760 --> 00:12:24,400 Speaker 2: career was like mocking the blur between those things. 244 00:12:26,840 --> 00:12:28,200 Speaker 1: Elaborate please, I love that. 245 00:12:29,760 --> 00:12:32,439 Speaker 2: To make he'd make he'd make make copies of things 246 00:12:32,520 --> 00:12:34,720 Speaker 2: and just like, why is this worth anything, and he 247 00:12:34,720 --> 00:12:37,400 Speaker 2: would send one of his best one was he'd send 248 00:12:37,440 --> 00:12:40,439 Speaker 2: lookalikes to give speeches at colleges, and nobody'd tell the difference. 249 00:12:40,600 --> 00:12:43,360 Speaker 2: It's like, so, what difference does it make if it's 250 00:12:43,400 --> 00:12:45,360 Speaker 2: really me or not? I mean, so, what's the value 251 00:12:45,400 --> 00:12:47,520 Speaker 2: of having me come? If I could send somebody else 252 00:12:47,520 --> 00:12:49,000 Speaker 2: that looks like me and say what's the. 253 00:12:49,320 --> 00:12:50,680 Speaker 1: And satisfy you all of this? 254 00:12:50,800 --> 00:12:51,920 Speaker 2: What does it? Any of it mean? 255 00:12:53,080 --> 00:12:54,880 Speaker 1: You know, I've got to read that book that you 256 00:12:54,960 --> 00:12:57,760 Speaker 1: read about him. What was it called Moby Dobe Dick? 257 00:12:57,880 --> 00:12:59,000 Speaker 2: Yeah, I win. 258 00:12:59,120 --> 00:13:01,640 Speaker 1: I got there first. What was it? Do you remember 259 00:13:01,640 --> 00:13:02,080 Speaker 1: the name of it? 260 00:13:02,400 --> 00:13:03,960 Speaker 2: No, I could Andy Warhol? 261 00:13:04,080 --> 00:13:10,280 Speaker 1: What a car, what a guy? You know. My twelfth birthday, 262 00:13:10,280 --> 00:13:12,760 Speaker 1: I still remember this. My grandma she decided to give 263 00:13:12,800 --> 00:13:13,520 Speaker 1: me a different gift. 264 00:13:13,520 --> 00:13:15,880 Speaker 3: It was shares of this stock called Apple and Microsoft, 265 00:13:16,240 --> 00:13:17,319 Speaker 3: and I just you know. 266 00:13:17,280 --> 00:13:18,640 Speaker 2: I sold it for fifty dollars. 267 00:13:18,920 --> 00:13:20,439 Speaker 1: He used DVD player. 268 00:13:20,320 --> 00:13:25,480 Speaker 2: Yes, he used it, the DVD player. Good investment anyway, Well, 269 00:13:26,320 --> 00:13:27,160 Speaker 2: I guess that's it.