What is Bitcoin and NFTs and all that stuff?

Nicco Mele
The Dark Side
Published in
8 min readMar 11, 2021

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So many of you replied to my last email asking for an explanation of Bitcoin, cryptocurrency, and non-fungible tokens (NFT) that I thought I would send my explanation to everyone. There is no politics here, just an explanation of how a certain technology (blockchain) works. More politics to come on Sunday.

Shortly after I sent Sunday’s email mentioning NFTs and decentralized finance, Jack Dorsey (founder of Twitter) announced that he is selling his very first tweet ever as an NFT. The current high bid is $2.5 million. All of which begs the question…

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Nicco Mele
The Dark Side

formerly of @LATimes & @Kennedy_School - author of The End of Big - lots more at http://nicco.org — Opinions are my own and not the views of my employer.