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Why art museums can't bank on an NFT bailout

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theconversation.com

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Fri, Nov 19, 2021 03:17 PM

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+ exploding turkeys US Edition - Today's top story: 4 reasons why museums aren't cashing in on NFTs

+ exploding turkeys US Edition - Today's top story: 4 reasons why museums aren't cashing in on NFTs yet [View in browser]( US Edition | 19 November 2021 [The Conversation]( Art museums have had a rough time lately. In 2020, most had to keep their doors closed for long stretches due to the COVID-19 pandemic. A year later, many are still coping with a cash-strapped new normal. Meanwhile, non-fungible tokens associated with works of art have gotten trendy. But it’s not clear that these newfangled digital assets, commonly called NFTs, can solve museums’ money problems. Ohio State accounting scholar Brian Mittendorf and Sean Stein Smith, a business professor who is studying NFTs and other crypto-assets, teamed up to offer four reasons why “[museums have failed to turn the NFT craze into a financial windfall](.” Also today: - [Could oral antiviral pills turn the tide on COVID-19?]( - [Origins of the antisemitic ‘replacement’ trope]( - [How Cuba’s construction industry did more with less]( Emily Schwartz Greco Philanthropy + Nonprofits Editor A woman looks at a non-fungible token digital art display in New York City in September 2021. Timothy A. Clary/AFP via Getty Images [4 reasons why museums aren’t cashing in on NFTs yet]( Brian Mittendorf, The Ohio State University; Sean Stein Smith, Lehman College, CUNY The people in charge of museums may lack the requisite expertise to manage non-fungible tokens, and the upside is far from guaranteed. Health - [Could oral antiviral pills be a game-changer for COVID-19? An infectious disease physician explains why these options are badly needed]( Patrick Jackson, University of Virginia Merck and Pfizer both have oral antiviral pills under review by the FDA. Such treatments could help turn the tide of the pandemic. - [Tick management programs could help stop Lyme disease, but US funding is inadequate]( Isobel Ronai, Columbia University Lyme disease affects millions worldwide. But there are things you can do to protect yourself from this insidious illness. Arts + Culture - [Cuba’s post-revolution architecture offers a blueprint for how to build more with less]( M. Wesam Al Asali, Princeton University After Fidel Castro took power, government plans to build new housing, schools and factories were hindered by sanctions and supply chain issues, forcing architects to come up with creative solutions. Economy + Business - [Why Moderna won’t share rights to the COVID-19 vaccine with the government that paid for its development]( Ana Santos Rutschman, Saint Louis University Moderna claims its scientists alone invented the mRNA sequence used to produce its COVID-19 vaccine. The US government, which helped fund the drug, disagrees. Politics + Society - [Ethiopia on the brink as crisis threatens ‘peace and stability’ of region – but what has fueled the conflict and criticism of Biden’s response?]( Gloria Emeagwali, Central Connecticut State University Violence in Ethiopia could cause ripples across the Horn of Africa, destabilizing the region. Education - [Monitor or talk? 5 ways parents can help keep their children safe online]( Joris Van Ouytsel, Arizona State University Parents who spy on their children’s online activity run the risk of doing more harm than good, an expert says. Ethics + Religion - [Conspiracies about a ‘catastrophic takeover’ by Jews have long been an American problem]( Jonathan D. Sarna, Brandeis University In the late 19th century, a satiric weekly stoked fears about how Jewish immigrants would change New York City’s character. Science + Technology - [Misremembering might actually be a sign your memory is working optimally]( Robert Jacobs, University of Rochester Errors don’t necessarily mean your mind is faulty. They may actually be a sign of a cognitive system with limited capacity working efficiently. - [Why do frozen turkeys explode when deep-fried?]( Kristine Nolin, University of Richmond Deep-fried turkeys are delicious, but making one can be dangerous. The scientific reason for fiery Thanksgiving mishaps? A difference in the densities of ice, water and oil. Podcast 🎙️ - [Glasgow Climate Pact: what happened at COP26 and what it means for the world]( Gemma Ware, The Conversation; Jack Marley, The Conversation; Daniel Merino, The Conversation Experts from around the world react to the COP26 Glasgow climate summit. Listen to The Conversation Weekly podcast. From our international editions - [What Star Wars can teach us about the decline of democracy]( David Kenny, Trinity College Dublin; Conor Casey, University of Liverpool The beloved sci-fi series has plenty of lessons for our own galaxy. - [A fossil of a snake-like lizard has generated controversy beyond its identity]( Michael Caldwell, University of Alberta; Tiago Rodrigues Simoes, Harvard University In 2015, a published article described the fossil of a four-legged snake. New research has revealed that it is in fact a lizard, and the fossil is the centre of a scientific ethics debate. - [Electric cars alone won’t save the planet. We’ll need to design cities so people can walk and cycle safely]( Timothy Welch, University of Auckland Electric cars are hailed as the best way to cut transport emissions, but it’s an illusion to think we can reduce our environmental impact without changing the way we design and move about in cities. The Conversation Quiz 🧠- In what year did the Surgeon General officially identify tobacco products as addictive? - A) 1979 - B) 1988 - C) 1998 - D) 2002 [Click here for the answer.]( [The Conversation]( You’re receiving this newsletter from [The Conversation]( 303 Wyman Street, Suite 300 Waltham, MA 02451 [Forward to a friend]( • [Unsubscribe](

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