This has got to be one of the most idiotic business ventures I've ever seen. I bet it will make millions of dollars
@Slavolko
2 жыл бұрын
I'll take your entire (non-fungible) stock!
@carloweis
2 жыл бұрын
Thus it's not idiotic.
@canadude6401
2 жыл бұрын
@@MarkStoddard just be careful backing out of the garage m-kay
@TXGRunner
2 жыл бұрын
...or I can buy an Estes kit, build a way bigger rocket for a fraction of the cost and put decals on it for whatever brand I want. ...oh, and I'll have the sense of accomplishment knowing I built the rocket.
@JourneysADRIFT
2 жыл бұрын
"NFTs" Immediately stops watching
@Zypher77777
2 жыл бұрын
THANK YOU
@tann_man
2 жыл бұрын
NFTs have some limited utility and will probably have more in the future but this guy ain’t it.
@ferulebezel
2 жыл бұрын
I remember in the 70s when a guy in Los Gatos packaged an ordinary rock in a pet carrier looking box labelled "pet rock". He got rich. Of course everyone knew it was a gag.
@Foolish188
2 жыл бұрын
Gag? My pet rock is the best behaved pet I have ever had. Told it to sit almost fifty years ago and it is still sitting.
@FathomFrequency
2 жыл бұрын
@@Foolish188 🤣
@RoyGBiv-lc8tv
2 жыл бұрын
Conservatives need to rise up and demand Biden and his goons to be ousted! The election was obviously stolen! This is not the way God intended it! MAGA 2024! At this point, violence is a necessity!
@FathomFrequency
2 жыл бұрын
@@RoyGBiv-lc8tv( love that name btw) - there is an old adage I would have applied here...but hallmark cards are out of style and outdated. Are you ready to mow down your neighbors over clear voting fraud and malfeasance? Or are you new to how long this has been going on? ...or are you a simple paid troll looking for a reaction?
@arkansaslibertarian5051
2 жыл бұрын
Can we just get some more Remy, please?
@michaeljohnson1761
2 жыл бұрын
I saw his space exposition at Site Santa Fe i 2017. Whimsical, Detailed, Serious. Incredible. Love his work.
@SGCXD
2 жыл бұрын
The opportunity to separate fools from their money will never end.
@mattaz2315
2 жыл бұрын
PT Barnum allegedly said "There is a sucker born every minute." This guy is obviously after every one of them. Perhaps the worst video ever on Reason!
@QuadCloudNine
2 жыл бұрын
Seconded.
@tuckerbugeater
2 жыл бұрын
NFTs aren't market driven and are propped up by the Fed. Reason isn't very Libertarian.
@jacobawojtowicz
2 жыл бұрын
@@tuckerbugeater NFTs are propped up by the fed directly? Because technically everything is held up by the fed indirectly right now...Care to elaborate?
@TheRealWinser
2 жыл бұрын
Stop promoting NFT scams.
@resmarted
2 жыл бұрын
I made one of those in 8th grade. Painted it too. Didn't do anything as moronic as an NFT tho.
@sephil
Жыл бұрын
It's all about execution
@SuperFinGuy
2 жыл бұрын
NFT's more like No F***ing Thanks
@MasterArkannor
2 жыл бұрын
5:42 *holds up 4 fingers *realises *hmm, I better go whole hand with this before they ask me if I'm on something
@Interopader
2 жыл бұрын
I still don't get the purpose of NFTs. Never have I had a piece of art on my wall and thought I need a collectable digital version of this.
@Paul_Marek
2 жыл бұрын
A better explanation of NFT that will make sense in the near future is “executable digital contracts”. Real estate will be sold by NFT soon.
@Interopader
2 жыл бұрын
@@Paul_Marek And so would the real estate NFT cost the value of the property?
@Paul_Marek
2 жыл бұрын
@@Interopader it’s no different than a regular real estate transaction except now instead of a paper sales contract and deed, it’s digital on the blockchain. All of the terms of the deal and any subsequent transactions are coded right into the NFT (digital contract), which gets executed automatically. Think of it as a list of “if this happens then do that” statements built right in. Pretty much everything will be sold as an NFT in future because of the simplistic executability and security. It’s too bad the digital art space has sorta bastardized the understanding of the potential and need for moving things toward NFTs. We should drop that name and instead call them EDCs (executable digital contracts).
@Paul_Marek
2 жыл бұрын
@@Interopader to answer your question another way, is it the paper deed that holds the value of real estate, or the property itself? ;) Lol that’s a deep one!
@Interopader
2 жыл бұрын
@@Paul_Marek So a digital contract makes sense. But NFTs worth millions makes no sense. What needs to be executed automatically in the real estate example?
@RiverheadSkate
2 жыл бұрын
Says he doesn't make art for collectors, and then the program immediately goes into his NFT COLLECTION, to be COLLECTED by....... COLLECTORS.
@RiverheadSkate
2 жыл бұрын
By the way, he has made installations for -- you guessed it -- MUSEUMS which he also claims not to do.
@MaiElizabeth
5 ай бұрын
Now we know where Casey got the phrase "Ideas are cheap, execution is everything"
@EdwardTCBlake
2 жыл бұрын
"Immediately change the channel and do something else." Okay.
@MarcelEnglmaier_1
2 жыл бұрын
Dude this guy is just selling model rockets and selling them. Convince me i’m wrong
@jacobawojtowicz
2 жыл бұрын
But you can also own his Microsoft paint sketch of the rocket.
@jeanniemaycrawford4466
2 жыл бұрын
Really? Nfts? Bruh, you're a scammer
@jonathanwallers4546
2 жыл бұрын
Something tells me the "Return KZitem Dislike" add-on will be useful on this video.
@harrisonsmith1556
2 жыл бұрын
I thought this dude was borderline cringe when he was talking about NFTs. By the end of the video it is clear he went full cringe and either has no self-awareness or he's so high on his own supply he just doesn't care. Neither are good lol. He contributes nothing.
@bikinggreg
2 жыл бұрын
Remember, back in the day, when you'd save your allowance, buy and assemble your own rocket kit, and then launch it yourself?
@cjpenning
2 жыл бұрын
I think the people gung-ho about NFTs just get a thrill when someone else buys into their BS.
@crissd8283
2 жыл бұрын
It is like a pyramid scheme but instead of being built on a really weak product, it is based on nothing.
@tuckerbugeater
2 жыл бұрын
@@crissd8283 It's based on the Federal Reserves monetary policy. The market doesn't want this or cryptocurrency.
@crissd8283
2 жыл бұрын
@@tuckerbugeater Are you saying that people don't trust the fed so much that they have more trust in NFTs and crypto? They are picking between two bad options and the fed is worse than NFTs? If that is what you are saying then I kinda agree with you.
@headpump
2 жыл бұрын
Ah, the great NFT ponzi scheme. Web3 is a bubble.
@TheRealBrook1968
2 жыл бұрын
My cousin lived on a farm and we would order Estes rocket parts from the comic book back page and fire them in a field.
@austinburgess8983
2 жыл бұрын
it's Tom sachs, it would be an amazing to have something he built personally
@skwest
2 жыл бұрын
Finish this sentence: "A fool and his money are soon _____"
@SilencerNate
2 жыл бұрын
This has got to be one of the most weird interviews Reason has ever done. Part of the video I was trying to decide if this guy was a genius or a lunatic. By the time he starts discussing motherships, and computers working inside his butt or whatever, its cleared the latter.
@jacobawojtowicz
2 жыл бұрын
The best geniuses are often lunatics.
@JD2jr.
2 жыл бұрын
@@jacobawojtowicz But the majority of lunatics are not actually geniuses.
@breppbrepp
2 жыл бұрын
Why choose, call it an artist
@Winford.Studios
2 жыл бұрын
hes both, but mainly a lunatic
@driesdeblock2901
6 ай бұрын
This is the least Tom Sachs Tom Sachs project ever...
@lightsnaketv
2 жыл бұрын
this guys is not an artist ,he is a scamer
@vaclavjebavy5118
2 жыл бұрын
I can't afford to go to the circus, so I watch ReasonTV.
@jingles123456789ify
2 жыл бұрын
I don't understand this whatsoever
@michellesimonds7723
2 жыл бұрын
Thanks for posting this interview. It was interesting!
@Standbackforscience
3 ай бұрын
2 minutes in and so damned disappointed Tom Sachs has gotten stuck in the NFT swamp. Changing the channel.
@rgb3304
2 жыл бұрын
His work has been pretty cool in the past, but this is just stupid.
@levvayner4509
2 жыл бұрын
"makes digital items one of a kind" I am not an expert, but I am fairly certain that anything digital can be easily copied if you have access to the data. For example DVD had some mechanism for write protection, but it was quickly bypassed. Games have all sorts of ways to prevent piracy, and yet cracks exist for every game. The only thing NFT does is say "I legally own this particular set of 1s and 0s" which is based on dubious assumptions and unenforceable. The only enforceable part is the exchange/sale of those digital items in established markets that may check NFT ownership before allowing a sale.
@patrickhemus8102
2 жыл бұрын
The tech behind making an NFT unique and unable to be copied is blockchain and cryptography. I’d love into those before assuming.
@AnonEMoose-mr8jm
2 жыл бұрын
Just another way for a fool to be parted with his money.
@DarkHorseSki
2 жыл бұрын
NFT's are just as stupid as crypto currency.
@motnosniv
2 жыл бұрын
1 + 1 = 1,000,000? Dude is wack. Not surprising that he's on drugs.
@janetdupree6353
2 жыл бұрын
Brilliant. Tom is the bomb!
@64maxpower
2 жыл бұрын
What am I missing?
@HolographicSweater
2 жыл бұрын
This was a lot more true when he started saying it in 2005
@ManCave1972
Жыл бұрын
It’s bollocks, of course. NFT was never going to amount to anything and it’s dead before it ever became anything meaningful. Utter bollocks.
@romanspataro1688
Жыл бұрын
great interview
@crissd8283
2 жыл бұрын
While I believe people should be able to spend their money on whatever they want. Even if it is a worthless NFT, it is your time and your money so do what you want. I personally wouldn't spend a cent to do this. I would much rather build a real rocket with my son but to each his own. It isn't my place to decide where you spend your money, this is a strange reasonTV episode.
@williemherbert1456
2 жыл бұрын
NFT is even worse than worthless, they have no worth at all, you buy those things but you would never own anything at all, just a waste of money for something that's imaginative unrealistic that couldn't be utilized more than fine art that at least still could be functioned as unique decoration in a space, as valueless as crypto-currency at the end of the day when it stopped being used as black market currency, instead used as if they're reliable investment by the normies.
@predtime
2 жыл бұрын
I honestly think I misunderstood something toward the end. Where is this guy coming up with peanut butter in Mars rocks?
@acctsys
2 жыл бұрын
Looks like an expensive form of entertainment to me. It doesn't look scummy as it doesn't seem to be the "investment" NFTs. Still, it doesn't appeal to me.
@edwardferry8247
Жыл бұрын
The dude is interested in making money, he’s from the same cloth as Koons. That’s cool but to deny it from the outset kind of sucks.
@juliancate7089
2 жыл бұрын
I got two minutes in before laughing at the seriousness given to NFTs in general and artists using NFTs to hype their garbage.
@silveravnt
2 жыл бұрын
High everyone!
@moribundmurdoch
2 жыл бұрын
Are NFTs just an informal copyright system that doesn't really work. I never really liked copyright in the first place? ROFL MDR LOL. I love tokenized stocks & asset-backed tokens, but I don't think NFTs are useful yet. This is an interesting way to use NFTs though.
@moribundmurdoch
2 жыл бұрын
@_____ Yeah, it just appears to be some dude's nerd project. IDK why ReasonTV is covering it besides maybe their penchant for NFTS: IDK I think they'd made their own NFTs of their staff before.??
@ProductBasement
2 жыл бұрын
What the heck did I just watch
@mundaneallaround
2 жыл бұрын
Money laundering is an art.
@resmarted
2 жыл бұрын
You don't know what money laundering is.
@mundaneallaround
2 жыл бұрын
www.
@mundaneallaround
2 жыл бұрын
artandobject.
@mundaneallaround
2 жыл бұрын
com
@mundaneallaround
2 жыл бұрын
/news/how-money-laundering-works-art-world
@skippityblippity8656
2 жыл бұрын
I really enjoyed this interview The guy seems to be very aware of himself and articulate in his philosophy
@Vlfkfnejisjejrjtjrie
2 жыл бұрын
He kmows how to sell a polished turd.
@07serda
2 жыл бұрын
This is not REASON able.
@TheRisky9
2 жыл бұрын
The technology behind NFTs are not inherently bad. It has a lot of uses. For example, an artist could assign an official NFT to their physical artwork before it's sold, which would allow future potential owners and sellers to easily prove provenance. And this would be a powerful, private sector tool to protect consumers. Comic books, coins, and other collectables that have been graded and authenticated could also use this technology.
@skippityblippity8656
2 жыл бұрын
Dont tell marvel about this
@MrTomservo85
2 жыл бұрын
The future is stupid
@wenloongg
2 жыл бұрын
The neistat brothers’ sensei
@j_shelby_damnwird
2 жыл бұрын
The West is toast
@grraadd
2 жыл бұрын
thank you - no. from pushing BTC global con to nft - even more conjobby BS, but brand new. Worth watching first will be: "Line Goes Up - The Problem With NFTs"
@JasonFiske
2 жыл бұрын
You had me at Tom Sachs. Love it!
@Phantom8589
2 жыл бұрын
NFT's are things sold by people who don't own them. Personally I never recommend getting an NFT.
@edgewyze7352
2 жыл бұрын
I make digital art. I don't want lizard "money" for it.
@TECHN01200
2 жыл бұрын
On the basis of how NFTs work, I do not see how they are any different to a normal database except instead of the database being entirely hidden, it is out and in the public. I see NFTs only really being useful in applications where the data is stored on the NFT and not just as a link to some data that someone else actually hosts and secondly, that there is actually a need to have this data be completely transparent.
@EricGranata
2 жыл бұрын
NFTs are like getting a star named after you. You don’t own the star. Nor do you really own the right to say it is exclusively yours. What you’ve bought is your name next to an entry in the star registry’s database. NFTs are that but the database is visible to everyone.
@joshwent
2 жыл бұрын
@@EricGranata This is fantastically incorrect
@EricGranata
2 жыл бұрын
@@joshwent teach me.
@nickwilson3499
2 жыл бұрын
@@EricGranata from what I understand people use them (in theory at least) as digital contracts or proof of ownership just like a deed to a house. That doesn't mean that buying bad art of monkeys isn't dumb.
@EricGranata
2 жыл бұрын
@@nickwilson3499 what’s the point, though? What benefit is there for a deed to be recorded on the blockchain?
@jackspruceiii3920
2 жыл бұрын
I completely agree with Mr. Edward T.C. Blake and Mr. Dapper Dan ... having unfortunately met and having had to work for Mr. Poisonous Dwarf. To the "hypocrisy and arrogance" comments of D.Dan, I would add "obnoxious, obsessively narcissistic, condescending, and massively idiotic". And as Mr. Blake comments ... I agree. The only half-way intelligent words I ever heard come out of Shorty's mouth were; "Immediately change the channel and do something else."
@romancandlefight1144
2 жыл бұрын
Guys please stop wasting your precious time and money...
@lisandroCT
2 жыл бұрын
Buddy, your neurons are freaking out and you're imagining a transcendental experience. There's nothing trascendental about it. 😂
@jacobawojtowicz
2 жыл бұрын
Lots of hate in the comments....i was all about "you do you" for this guy until he said ketamine was a safer version of acid.
@cellardoor7500
2 жыл бұрын
3 dimensions and all 3 are boring AF.
@SDsc0rch
2 жыл бұрын
explain why this guy is NOT eminently narcissistic
@sumatrican5990
2 жыл бұрын
50/50 because only two people have bought lol
@SDsc0rch
2 жыл бұрын
"multidimensional" I don't think it means what you think it means
@WhoTube277
2 жыл бұрын
What?
@fernchanjan733
2 жыл бұрын
I guess Tom couldn't help himself from getting wrapped up with idiotic NFT projects.
@I.dont.think.you.understand
2 жыл бұрын
Awesome vid. Love that these two great minds met. For those claiming you can just go build your own...way to state the obvious. Take the time to look more into Tom's work; you'll find out very quickly there is literally nothing more "Tom Sachs" than going out and "making one yourself." That's precisely what his Art is all about.
@Timboykee
2 жыл бұрын
Can we use NFT technology to verify votes in elections?
@joefunsmith
2 жыл бұрын
Whether NFT or other blockchain/crypto schema, it would be incredible. The goal being, an individual can verify their vote was cast and counted as intended, officials can verify they voted, but more extreme steps need to be taken for officials to verify who or what you voted for, example: multiple keyholders to reduce shenanigans. Election officials would be able to see aggregate data. I'm very much a novice on the outside looking at this, but worth more inspection.
@arikwolf3777
2 жыл бұрын
What a rip-off. Just order an Estes model rocket and build and launch it yourself...for about a $100.
@VincentFischer
2 жыл бұрын
I hear NFT i close the tab
@ferulebezel
2 жыл бұрын
Gillespie's English major background is showing. Reason is getting infected with post modernism/critical theory to the degree that it is starting to resemble Wired.
@Muonium1
2 жыл бұрын
thanks for reminding me how much I hate wanky avant-garde artist crap. 👍🏻
@larrydugan1441
2 жыл бұрын
DUH?
@JacobAnawalt
2 жыл бұрын
What do you call a few “rules for life” mixed with philosophy and a grift?
@quirkyturtle4896
2 жыл бұрын
I would like to see LESS of this content.
@thelaurens1996
2 жыл бұрын
This guy actually has some interesting views and ideas.
@kc4276
2 жыл бұрын
Can he build me a McNuke NFT?
@SDsc0rch
2 жыл бұрын
absurd
@freesk8
2 жыл бұрын
I hope he sells a lot of rockets! :)
@SDsc0rch
2 жыл бұрын
a fool and his money..........
@bille77
Жыл бұрын
A tad too moronic for my taste.
@cellardoor7500
2 жыл бұрын
N 🤢 F 🤢 T 🤮
@bruceh3905
2 жыл бұрын
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
@conradbamboozled1653
2 жыл бұрын
Cringe
@23wtb
2 жыл бұрын
Love copyright law? Well what if we could apply copyrights to literally anything you could see with your eye.
@bencruz563
2 жыл бұрын
This guy is right about intillectual property.
@watts391
2 жыл бұрын
A.B.K.
@D00kerT
2 жыл бұрын
Interesting guy but the catch phrase part just had me rolling my eyes. “Dont be creative!”. Ok dude.
@truss508
2 жыл бұрын
No offense, but the only guy I know who can make shittier products than apple is Tom.... Green! Tom Green! And let's be real, I don't even know the guy who's the subject of this video, so he better produce some really grade A quality good shit... If that makes any sense..... 😂😂😂😆🤣
@truss508
2 жыл бұрын
@@qwaszx2 ...... And this guy is making a claim like he's more shittier than apple?! 😆 He seems like a legitimately decent guy. I'm a little disappointed, but in a weird way. I thought someone like him was going to outdo apple, you know, the company that even though they help poor people in China have jobs to begin with, the poor people are also overworked and have suicide nets at those factories just in case. It could of made Tom green look like some profound artist, which in a way he achieved what most people wouldn't have thought possible, but l don't necessarily know if he was even trying to be profound. Actually on second thought, I'd rather he didn't become shittier than apple. If he's doing a good enough job at spreading ideas of liberty, he's alright in my book ☺️
@DC_PRL
2 жыл бұрын
I don't get it...is this art?
@TrevmiceterZ
2 жыл бұрын
Why are y'all calling this a scam? The project is very clear in their intentions and it is a voluntary exchange. I think a lot people can't get past the Monkey JPEG idea of NFTs when it can be so much bigger than that. Verifying ownership of JPEGs are just the easiest implementation of their use, so of course they were implemented first. Tom Sachs is creatively expanding upon the space and I think it's cool. I'm not willing to spend the money on it, but it seems enough people are. They want to be a part of the Sachs' project, so let them.
@user-nh3gu1ge3d
2 жыл бұрын
A lot of people are scammed in a "voluntary exchange". It sure looks like a bs scam to me, I guess time will tell. Would you consider pet rocks to be a scam? People voluntarily bought them...
@Vlfkfnejisjejrjtjrie
2 жыл бұрын
@@user-nh3gu1ge3d people knew pet rock was a gag and never paid millions for one...This is a scam for the naive...so be it.
@ElvargsBane
2 жыл бұрын
How is this Reason? Guy is on Ketamine says 1+1 is a million and thinks I'll give him $$$ for his stupid NFT scam? There is such a thing as bad art and this guy has no greater place to bring people. The trip he leads ends in a faceplant. Lets not.
@johncgibson4720
2 жыл бұрын
You can catch a Russian private ranked soldier, video him for 15 seconds, and get more views than this.
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