Welcome back to “Money Drama,” where our host Stock Will guides you through all the ups and downs, twists and turns of last week’s markets.
In part two of our NFT (or "non-fungible token") explainer, Stock Will does us all a favor and translates what super investor Chamath Palihapitiya was really, like actually, trying to say during his Bloomberg interview about the digital asset.
"I'm building a fairly sizable portfolio..." says Chamath.
Stock Will's translation: "Fairly sizable? Let's think in broke terms for us thousandaires out there... that means he's putting a LOT of money into this shit, all right?"
Should we dump our savings into NFTs??? Can us thousandaires actually get rich from them? Stock Will has the answers — even when Chamath is a little aloof.
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