Video Description

Get started with Brilliant for free: https://brilliant.org/stevemould. The first 200 people get 20% off Brilliant's annual premium subscription. When you know the technical details of what NFTs are you realise that the way most people talk about them is completely wrong! Find out ALL the legal details in Devin's brilliant video over on LegalEagle:    • NFTs Are Legally Problematic ft. Steve Mou...   Here's Line Goes Up by Folding Ideas:    • Line Goes Up – The Problem With NFTs   Benji The Bear artwork can be found here: http://www.benjithebear.com Here's 3Blue1Brown's video explaining cryptocurrency:    • But how does bitcoin actually work?   You can also discuss this video on REDDIT: https://stvmld.com/343_ab_m 00:00 Intro - NFTs aren't want people say they are 01:05 Cryptocurrency explained 02:55 What non-fungible means 05:41 The Ethereum blockchain makes NFTs possible 06:55 NFTs are made on the Ethereum blockchain 07:11 NFTs as tickets for an event - a hypothetical real world use case 09:31 Buying NFTs without trust 11:17 What NFT art actually is 19:16 Maybe NFTs aren't stupid 20:50 LegalEagle tells me not to do something stupid 24:15 NFT collectables - CryptoPunks 25:05 Support digital artists by buying their NFTs 27:26 Sponsor message You can buy my books here: https://stevemould.com/books You can support me on Patreon here:   / stevemould   just like these amazing people: Frank Hereford Will Ackerly Brendan Williams Cameron Leigh Middleton Matthew Cocke Frederic Merizen Jeremy Cole Alan Wilderland Joel Van der loo Glenn Watson Doug Peterson Paul Warelis John Zelinka Alnitak Grant Hay Heather Liu Marshall Fitzpatrik Lukas Biewalk JJ Masson Ben McIntosh Damien Szerszinski Twitter:   / moulds   Instagram:   / stevemouldscience   Facebook:   / stevemouldscience   Buy nerdy maths things: http://mathsgear.co.uk