What ‘Line Goes Up’ Gets Wrong (and Right) About NFTs

Posted on by American Coins & Gold

What ‘Line Goes Up’ Gets Wrong (and Right) About NFTs
Dan Olson, the Canadian videographer behind the “Folding Ideas” YouTube channel, has an important message for the world: NFTs are all fundamentally flawed. More so, crypto, Web 3 – those umbrella trends often discussed in hurried tones – would be a huge step back. Last week, Olson published a 137-minute documentary, “Line Goes Up – The Problem With NFTs,” going through the myriad issues crypto-based tech faces and creates.This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.The video already has…