NFTs Are a Scam by Bobby Hundreds Summary
Overview of NFTs Are a Scam
Bobby Hundreds takes us inside the wild NFT revolution, where digital art sells for millions yet faces fierce skepticism. Through exclusive interviews with key players, this streetwear mogul reveals how these controversial tokens are reshaping art, community, and digital identity forever.
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Key takeaways
The Banana That Sold for $120,000
In 2021, while most people were still learning to unmute themselves on Zoom, a parallel universe was exploding into existence. A digital artwork sold for $69 million. Cartoon apes were trading for the price of luxury homes. And somewhere in Los Angeles, Bobby Hundreds-a streetwear pioneer who'd spent two decades building communities around t-shirts-was watching this chaos unfold with a mixture of fascination and dread. His book arrives at the perfect moment: after the euphoria, before the dust settled. What makes it essential isn't that it answers whether NFTs are legitimate or fraudulent. It's that Hundreds refuses to choose. Instead, he offers something rarer than certainty-a map through contradiction from someone who's actually lived it. The title itself is provocative, almost trolling. But that's precisely the point. Just as Charles Manson's crimes unfairly defined the hippie movement despite its lasting contributions to environmentalism and technology, NFTs have been judged by their worst examples. Hundreds acknowledges every criticism: yes, many projects are speculative scams. Yes, ethical boundaries get trampled for profit. Yes, the Metaverse remains vastly overhyped, with billion-dollar companies sometimes serving only hundreds of users. He doesn't dispute Dan Olson's viral takedown video or dismiss the FTX collapse. Instead, he asks: what if both things are true? What if NFTs are simultaneously full of scams and genuinely revolutionary?
The Instagram Problem Nobody Wants to Admit
When Fashion Becomes Code
The Streetwear Blueprint
Digital Churches for a Secular Age
When Success Feels Like Failure
What Survives the Crash
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From Columbia University alumni built in San Francisco
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
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