When theses came out, I never could figure out how they had any value at all, I guess I was right, they don’t
Me too. They seemed utterly ridiculous on its face. I usually tell myself "you could be wrong," but in this case I said to myself "I don't care" and didn't even bother to do more research on this topic.
Its interesting to note that this NFT bubble peaked exactly at the time of peak Federal Reserve rate cutting and US Government "stimulus" due to Covid.
I suppose the lesson to be learned again here is that printed, fiat, politically-controlled money will ALWAYS cause ridiculous bubbles, and extreme social phenomena.
They were to launder money.
And sucker idiots.
If you ask the logical question - "How do you make something out of nothing?" they always revert back to the answer of "Blockchain", which is not really an answer.