I refuse to watch this 2.5-hour video because I don't trust his words.
I watched the entirety of one of his previous videos on a friend's recommendation - "Line Goes Up – The Problem With NFTs" https://www.youtube.com/watch?v=YQ_xWvX1n9g . While I agree with the main premise that NFTs and cryptocurrencies are very problematic from many angles (financial, hype, scams, etc.), he made so many factual errors that I found it very hard to take it seriously. I have worked with Bitcoin software and can point out things he said that are an outright misrepresentation of the technology and mechanisms.
I watched the entirety of one of his previous videos on a friend's recommendation - "Line Goes Up – The Problem With NFTs" https://www.youtube.com/watch?v=YQ_xWvX1n9g . While I agree with the main premise that NFTs and cryptocurrencies are very problematic from many angles (financial, hype, scams, etc.), he made so many factual errors that I found it very hard to take it seriously. I have worked with Bitcoin software and can point out things he said that are an outright misrepresentation of the technology and mechanisms.
(See also: https://en.wiktionary.org/wiki/Gell-Mann_Amnesia_effect )