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Episode 396Mar 24, 2021

NFTs are “monetized FOMO”

Plus your questions about Nashville hot chicken, the national debt and the mess at the Suez Canal.

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A technician inspects the backside of bitcoin mining. Falling cryptocurrency prices and higher energy costs are squeezing some miners.
A technician inspects the backside of bitcoin mining. Falling cryptocurrency prices and higher energy costs are squeezing some miners.
LARS HAGBERG/AFP/Getty Image

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We already know the “what” of nonfungible tokens: They’re blockchain-backed digital media, bought and sold for a shocking amount of money while pumping an even more shocking amount of carbon into the atmosphere. What one of our listeners wants to know is the “why.” We’ll talk about it. Plus, listener questions about hot chicken, the national debt and the mess at the Suez Canal.

Here’s everything we talked about on the show today:

Finally: We need your voice memos! Tell us what you think of the show or ask a question for Kai Ryssdal and Molly Wood to answer! Here’s how to do it.

The Team