I think the bigger issue with NFTs is the concept itself. It's an attempt to create artificial scarcity. That exists in the physical world because we need to use limited resources to create something; that puts intrinsic limitations on what can be done. With the digital world there is no such limitation (there is in terms of disk space or whatever but that's seldom a factor). We can't all have a car because there are physically limited requirements. We can all have a copy of that photo because there is no resource needed beyond electricity and space to store it. Everyone can share in the benefits. That's something good and something we should embrace, not something to work around and bring in the limitations that lead to inequality in the real world.
"If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind."
~John Stuart Mill~
I think the bigger issue with NFTs is the concept itself. It's an attempt to create artificial scarcity. That exists in the physical world because we need to use limited resources to create something; that puts intrinsic limitations on what can be done. With the digital world there is no such limitation (there is in terms of disk space or whatever but that's seldom a factor). We can't all have a car because there are physically limited requirements. We can all have a copy of that photo because there is no resource needed beyond electricity and space to store it. Everyone can share in the benefits. That's something good and something we should embrace, not something to work around and bring in the limitations that lead to inequality in the real world.
"If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind."
~John Stuart Mill~