If NFTs were honest…

No doubt you’ve been unfortunate enough to hear all the hype about NFTs (Non-Fungible Tokens).

If you don’t understand what they are, don’t feel too bad about it. The truth is that many people don’t understand what NFTs are. It’s not that people are dumb, but rather that they’re too intelligent.

Because NFTs simply don’t make any sense to anyone with more than a peanut for a brain.

Well done if you’re clever enough to find someone dumb enough to pay for your NFT. And well done if you’re so obscenely rich that you don’t have any qualms about paying hundreds of thousands of dollars for something pointless, probably because you’ve run out of real things to squander your money on.

When it comes to NFTs, ignorance is bliss. You’re better off not knowing about NFTs because when you understand what they are you’ll only feel despondent about the state of the world.

But, if you are curious, this YouTube video, explains NFTs better than I ever could…

If you’re still interested to hear more about NFTs, with perhaps more than a sprinkling of skepticism, listen to this recent episode of the “Smashing Security” podcast:

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Graham Cluley •   @gcluley

Graham Cluley is a veteran of the cybersecurity industry, having worked for a number of security companies since the early 1990s when he wrote the first ever version of Dr Solomon's Anti-Virus Toolkit for Windows. Now an independent analyst, he regularly makes media appearances and is an international public speaker on the topic of cybersecurity, hackers, and online privacy. Follow him on Twitter, Mastodon, Bluesky, or drop him an email.