[vmception]

any economist will say those are valuable things. a market is a market. I am the market, you are the market, I say it is recognized as having meaning to me, as well as recognizing the monetary sense, and that's all that's necessary. It fits my risk profile to take the risk of ongoing possession using a blockchain medium, and it fits my risk profile on a case by case basis to spend money on one whether there is an assurance of a future buyer or not.

Every "issue" you have with an artist or issuer making money simply says it is a functioning market. Which is the only standard of markets possible. I don't push potential external behaviors of the participants onto the concept of whether there are transactions happen ("curing cancer or scamming people" as if mutually exclusive), it is completely boolean to me:

if(isTransaction() == true) isMarket(true);

the consumers should check if it fits their risk profile.

[peoplefromibiza]

that's over simplifying things

selling illegal guns is a market too

and far more lucrative than NFTs

the issues that a market has make the difference between an healthy market and an unhelathy (or sometimes criminal) one