Maybe that is what gives its value, that it is vulnerable? And yes, most people would prefer the real thing. Now when it is mostly visual, I may prefer the digital version.
Wow! Who knew red pixels were so valuable? I wonder what a green one would sell for ... https://opensea.io/assets/0x495f947...751570955697999885848027618605517212521332737 It's the same price! But wait! You won't actually own the pixels. https://www.makeuseof.com/what-do-you-actually-own-if-you-buy-an-nft It sounds like you can make your own pixel and sell multiple NFTs for it on the same pixel. That's almost as good as creating Tethers backed by IOUs! I suppose when you own an NFT, you can sell NFTs for your NFT. And the buyers of those NFTs can sell NFTs for their NFTs. And the new buyers can do the same thing... It would be like building a giant pyramid made of NFTs. And all you would need to do to be at the top of the pyramid is come up with the million dollars to buy the first NFT on one pixel! If only I had a spare million dollars ...
The pixels haven't been sold yet. But other NFTs that have been sold are just about as silly. https://www.cnet.com/news/nft-bubble-the-craziest-nonfungible-token-sales-so-far/ Remember, buying an NFT is like buying land on the Moon. You don't actually own part of the Moon but instead own an artificial claim to part of the Moon.
Yep, saw it already few weeks ago. Someone wrote a great blog how seller and buyer are partners so to speak.
"an NFT is like someone giving you the receipt that says that a beanie baby attached to that receipt exists."
What’s the purpose of spending a billion on an NFT when there’s no guarantee that when you’ll need money you can easily find a buyer for your NFT? People investing in something where there’s a lack of liquidity is nothing less than stupidity.