It is, but only for thing people would legitimately like to have.

The entire NFT thing would work if it were restricted to things people want, even if that only amounts to bragging rights.

Somewhere along the way people lost track of the fact that being able to trade something doesn't denote value in itself

"only for thing people would legitimately like to have."

Whilst that may be true for the most part, much of the art dealt nowadays is never displayed, just stored somewhere incredibly tax efficient until it's value has gone up enough to warrant selling.

https://theswisstimes.ch/unlocking-the-secrets-of-the-geneva...