Ian Guider: Why the N in NFT stands for nothing
In a time of great change assailing the economy and the financial sector, non-fungible tokens are an unregulated mess representing huge danger to the ordinary investor
The last three decades have brought unparalleled technological revolutions that have utterly changed our lives. Information flows freely and instantly. Online selling has upended traditional trade and created opportunities for so many new companies. Money no longer needs a bank as an intermediary, and an entire generation accesses information and entertainment through smartphones.
The world’s five most valuable companies are worth more than the economies of Britain and Germany combined. The pace of change has ...