Financial literacy includes understanding NFTs, DeFi, and cryptocurrency. But it's hard to separate education from hype. Harvard Business School's Scott Duke Kominers, a professor in Harvard's Entrepreneurial Management Unit, and a Faculty Affiliate of the Harvard Department of Economics and the Harvard Center of Mathematical Sciences and Applications, joins us alongside Web3 expert Steve Kacizinsky to explain the financial, technological and social significance of NFTs. NFTs, or Non-Fungible Tokens, are a rapidly growing digital asset. Comprehensive financial literacy requires understanding NFTs. While NFTs are emerging opportunity for investment diversification, they are also highly speculative and volatile. NFTs also represent how digital ownership is evolving, and have implications for the economic futures of a myriad of industries. These assets stand at the intersection of art, technology and commerce. This episode provides a deeper understanding of NFTs, taught by a Harvard Business School professor and a Web3 expert. For more information, visit the show notes at https://affordanything.com/episode498 Learn more about your ad choices. Visit podcastchoices.com/adchoices