Replying to Avatar Rich Nost

I just don't get NFT's. I don't. How many of your friends collect things? Like *really* collect them? Obsess about display cases and acid-free backing and all that shit? Not many right? Why am I supposed to believe that NFT's are no less of a niche thing?

And how the fuck is anyone supposed to believe that these minting events are actually bootstrapping something that will be coveted in the future? Collectibility is an organic story. Something might be collectible because a huge amount of the original issuance was destroyed or there were misprints, etc...etc...hardly anything is collectible because some fuckstick on Twitter ran a few prompts through Stable Diffusion.
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Benjamin Chodroff 2y ago

I bought a cryptokitty for a few bucks because at least it was interesting to see the smart contract birth a new kitty. Was it an investment? Hell no. Most NFTs (nearly all) are incredibly… pointless. Real world asset tokenization (which many could be represented by a NFT-like contract) makes more sense… but most are not going to be bearer assets.

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