NFTs.zip

“The Billion Dollar Torrent,” as it’s called, reportedly includes all the NFTs on the Ethereum and Solana blockchains. These files are bundled in a massive torrent that points to roughly 15 terabytes of data. Unpacked, this adds up to almost 20 terabytes.

Let’s remember that “Fundamentally, I hope people learn to understand what people are buying when purchasing NFT art right now is nothing more than directions on how to access or download an image,” Huntley explained. “The image is not stored on the blockchain and the majority of images I’ve seen are hosted on web 2.0 storage, which is likely to end up as 404, meaning the NFT has even less value.”

So again: if some folks have huge amounts of money to spend on something that has absolutely no value (digital files). If the central bank of America just “signs” out of thin air trillions of dollars for loans (which I’m told, are not going to be paid back), unemployment benefits, failed, 30-year long Army projects and Tesla’s birth (without the state, this “private” company wouldn’t exist).

Why do we keep telling people that they should work jobs for rates that don’t cover costs of life and bills? Why do we act as if money was scarce? We live in a world with $30,000 gifs that you can have for free on your computer right now.

There couldn’t be a better sign that we are prosperous as fuck. Abundance overflowing.

Give money to people to live well. Just shut up and give people money to live well.

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