Discover more from Letters from an American
The Mirage of Money (or, NFTs, WTF?)
Why have NFTs captured the American imagination? What can the recent instability in the NFT market tell us about the history of speculative bubbles?
Heather and Joanne put the NFT craze in context with other American financial booms & busts, from the Panic of 1792, to the 1890s Yukon Gold Rush, to the late 1990s dot-com bubble.