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by nefitty 1679 days ago
The best analogy I've heard is, "Imagine you spent $1,000 for a painting. Now, instead, imagine you spent $1,000 to buy the receipt."
1 comments

And any other person can have an identical painting, but without the receipt.

NFTs are a scam to introduce artificial scarcity and make someone else pay for it. The "art" (speaking of the picture in the root comment) hardly has any value itself.

I agree, but also have to add: Does any (normal, non digital) art (say picture or sculpture) have any value itself? Besides the value of the material of course.