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South Park excoriates NFTs as investments in newest imaginative and prescient of post-COVID-19 future

12/17/2021

“One other 30 seconds in that room and you’ll have began contemplating NFTs as a viable funding” was simply one of many jokes the present used evaluating NFT investments to madness.

Apparently, it solely took a pandemic for the writers behind the animated TV sequence South Park to supply their tackle nonfungible tokens (NFTs) and cryptocurrencies… and it’s not a constructive outlook.

In its “Publish COVID: The Return of COVID” particular that aired Thursday, South Park depicted one of many present’s protagonists, Leopold “Butters” Stotch — often known as “Victor Chaos” — locked away in an insane asylum for years after it’s found he has a sure energy to wreak havoc on the world.

That energy? Gathering traders to place all their cash into NFTs. When he manages to get out of his cell, the result’s comical violence, comparisons to drug use and the attainable downfall of society:

“He escaped as soon as earlier than. In only a few hours, he managed to get 1000’s of individuals to spend money on NFTs, similar to he nearly did you. […] One other 30 seconds in that room and you’ll have began contemplating NFTs as a viable funding.”

Although referencing features of the crypto house in mainstream media has grow to be considerably widespread, South Park — which frequently tackles topical points with a comedic twist — appears to have averted mentioning token tasks with seemingly absurd names for the final 10 years. Bitcoin (BTC) solely made its first look in 2008, and although everybody in South Park’s fictional way forward for the 2060s nonetheless used the cryptocurrency as a medium of trade, in addition they described it as a “fly-by-night Ponzi scheme.”

Associated: Imprisoned Silk Street founder causes a stir with NFT drop

South Park’s imaginative and prescient of a world roughly 40 years from now implies the frenzy round NFT drops is unlikely to subside for a lot of traders. This week, Wikipedia entered the house for the primary time, promoting a tokenized model of the primary message posted to its web site in 2001 for $750,000. Nonetheless, some NFTs have been auctioned off for thousands and thousands of {dollars} and traded for precious real-world gadgets, together with automobiles.