NFTs are the focus of the latest episode of South Park in which Leopold “Butters” Scotch, who is locked up in an asylum, has the power to compel people to invest in NFTs indiscriminately.
The “Post COVID: The Return of COVID” special episode suggests NFTs are not always the best way to invest, and often take criticism for lacking clarity.
In the episode, Butters escapes imprisonment and begins to drive a bullish run on NFTs which leads to chaos all over town. Humorously, Butters alter ego in the show is “Professor Chaos”.
South Park’s satirical commentary pokes fun at the cult-like nature of NFTs and the often-indiscriminate amounts spent on the digital assets without considering whether the digital goods have any real value.
Butters seems to be using the same language that most NFT projects use to push their digital goods. At one point, Butters even describes NFTs as a pyramid scheme where he and his closest followers stand to benefit from the massive sales.
In one scene a fire department chief is commentating on a scene of carnage and destruction. “Next thing you know these people over here started chanting ‘Hodl! Hodle’”, he says. “And their NFTs started moaning, and these guys over here started saying those guys right there right clicked ‘em and called for a pump and dump, which made these guys beat the living hell out of anyone who said it was just FOMO and died screaming that it was the flippenin’”.
“Luckily”, he adds, “I came out of it okay, I got this little miniature donkey with a lit-up Sombrero”. He then excuses himself to investigate the opportunity to invest in a “small turtle with wings”.
NFTs in south park pic.twitter.com/LnEkVvcYjA
— edgar.eth 🦉 (@EdgarAronov) December 16, 2021
In previous commentary on crypto, the show described digital currencies as a “fly-by-night Ponzi scheme”.
In September, a Morgan Stanley analyst described Bitcoin (BTC) as Kenny from the show. Kenny, whose character is killed off in many of the episodes only to return in the next one as if nothing happened, seemed to the perfect metaphor for BTC’s ability to crash and soar back up, Dennis Lynch argued.