id author title date pages extension mime words sentences flesch summary cache txt www-nytimes-com-2604 Are NFT Purchases Real? The Dollars Are. - The New York Times .html text/html 1138 94 83 He said the shock the Beeple sale — Beeple is the alias of the digital artist Mike Winkelmann — sent through the art world "reminds me of the early days of rock 'n' roll," where people were confronted with something raw and new. He said, approvingly, that the NFT sale was the auction-house equivalent of Elvis gyrating on the Ed Sullivan show. "I'm not an expert on the art market, and far be it from me to denigrate a new way for artists to extract money from people who want to give it to them," he said. Is his art real, I asked? The digital artist had transformed most of his new wealth into something I could understand: U.S. dollars. "It's not like I have 56 million dollar bills in my house," he said, waving his hands to show the lack of stacks of bills. ./cache/www-nytimes-com-2604.html ./txt/www-nytimes-com-2604.txt