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Ledger has a message for NFT haters: Eventually you'll be dead

The chief experience officer at the crypto hardware wallet firm Ledger has a message for NFT haters: Eventually you’ll be dead.

By: BLOOMBERG
Updated on: Nov 04 2022, 20:18 IST
The concept of nonfungible tokens makes sense to a younger generation – those who spend hours glued to screens, live online, and attended school virtually at the height of the pandemic. (AFP)

The chief experience officer at the crypto hardware wallet firm Ledger has a message for NFT haters: Eventually you’ll be dead.

Ian Rogers says that the concept of nonfungible tokens makes sense to a younger generation – those who spend hours glued to screens, live online, and attended school virtually at the height of the pandemic.

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“It’s not a foreign concept,” he told us in the most recent episode of “Crypto IRL.”

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Emily Yang, the artist known as pplpleasr, sees NFTs as a reflection of society and that they will be collectibles the way vinyl albums once were.

NFT skeptics, though, urge caution. John Reed Stark, a former SEC enforcement attorney, says the entire concept is a ludicrous ripoff. “It’s a giant scam,” he said. “It’s a giant Ponzi scheme.”

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First Published Date: 04 Nov, 20:05 IST
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