From the BBC’s “Jack Dorsey: Bids reach $2.5m for Twitter co-founder’s first post” posted Saturday:
“Just setting up my twttr,” the post, sent from Mr Dorsey’s account in March 2006, reads.
It will be sold as a non-fungible token (NFT) – a unique digital certificate that states who owns a photo, video or other form of online media.
But the post will remain publicly available on Twitter even after it has been auctioned off.
The buyer will receive a certificate, digitally signed and verified by Mr Dorsey, as well as the metadata of the original tweet. The data will include information such as the time the tweet was posted and its text contents.
Most of this information, however, is already publicly available.
just setting up my twttr
— jack (@jack) March 21, 2006
My take: Got a bad feeling about this.
Fiat currency plus cryptocurrency increases over the last few years have been enormous with little impact on prices for consumable things (vs. consumable virtual goods like streaming content).
If oil prices continue to rise, inflation and interests rates go up too. That worry impacts AAPL now. Apple is still fine.
A fool and his money are soon parted.
Etc etc etc
maybe the tweet will be worth billions in 100 years time.