[nybble41]

> Your bank account is simply a row in a Cobol database managed by some archaic institution.

Your bank account is a set of contracts between you and your bank which say that when you want to withdraw funds or instruct the bank to send some of your money to someone else they are obligated to comply. The database is merely a summary of your interactions with the bank via those contracts, and their current obligations toward you. Delete the database and those contracts still exist, though the content may need to be reconstructed from other sources.

A similar argument can be made for stocks.

NFTs are just the database entries without the contracts. They have their uses, but it's not really the same thing at all.