【Geek Time】-“极客”时间，和“科技宅”Brad一起聊神秘有趣的“黑科技”“高科技”“硬科技”。欢迎关注公号【璐璐的英文小酒馆】，可以查看更多精彩内容，查看英语全文稿哦~

Hi everyone, and welcome back to Geek Time. This is Brad. Hey, Lulu, how are you going?
Actually, it’s Geek Time advanced.
Geek Time advanced, that’s right.
Hey, Brad. So last time we were talking about NFT.
Yeah, so we're gonna kind of talk a little bit about the speculative nature of the NFT as an asset, like the stock market.
Speculative, basically, means you're taking a lot of risks.
NFT just sounds like all speculation to me because it doesn't have any real, in a traditional sense, any like real sort of value.
Right. In some cases, it does have value because it can give you like a commercial right to use something. But when it comes to, some of it is just you buy a piece of art and you're hoping that maybe someone will want to buy that from you later at a higher price.
But it's still different though. If I buy an actual painting, I can hang it up in my room for people to see. And later on I can sell that actually that very tangible piece of painting to other people. But NFT, I can't hold in my hand.
And if I lose the file, I lose all of my money, right?
If you lose the file, you lose everything. Like it's connected to like when you look at it, it doesn't have any value unless you have a buyer. That's the one thing like that one makes it quite speculative, right? You can't sell it unless you have a buyer; when it comes to the stock market or something like that, you buy a stock, there's a value that's inherent in the company. But when you have like a piece of art, may not have anyone that wants to buy that at any point ever.
So it doesn't have any intrinsic value in that way. Because I know you, I know you invest in stock market and even in crypto-currency, what about NFT, would you in the future ever consider investing in NFT market?
I don't think I would ever actually buy any NFTs, unless that NFT carried some sort of licensable rights that I could use.
Okay.
Like if it was just… maybe like a song, if I can…the NFT gave me the right to use a song or something like that.
But you will only buy it if you can profit from it, not just because you really like this artist that you would buy an NFT.
Probably not. I'll buy the T-shirt from someone.
All right, probably much cheaper. When did it all start?
This started about 2011, as when they think the first NFT was actually made, could have been before that. But this was like the first time that anyone has like recorded knowledge of an NFT that I've seen.
Someone made an art piece of art at GPEG, basically. I don't know if that was the actual file, but it was a graphic piece of art that they sold as an NFT; and then after that, there wasn't really a whole lot.
But in 2015, Ethereum started selling like hexagon tiles to their world. They sold all the hexagon tiles for something like $1.4 million. Not a piece, but the total.
But still, I mean that is a very very new concept. Why do you think NFT, since it was pretty much created, the whole concept was created 5 or even 10 years ago, why do you think was all the buzz about NFT now like in the past year or so?....
欢迎关注公号【璐璐的英文小酒馆】，可以查看更多精彩内容，查看英语全文稿哦~