The idea of NFTs is odd to me. I get the idea of a digitally validated consumable (concert tickets, for example). I get the idea of owning a piece of digital a

The idea of NFTs is odd to me. I get the idea of a digitally validated consumable (concert tickets, for example). I get the idea of owning a piece of digital art. But as far as I understand, a lot of NFT transactions are for digital "ownership" without many of the rights normally associated with ownership. They seem more like baseball cards than Picassos. Maybe I just don't get the current frenzy, and that's that--but a lot of the buzz around NFTs make me think there are likely a ton of wash sales that fake run up the price to unload lower priced ones on speculators. It just has my spider sense tingling that something shady is going on. Think of all the farmland or Bitcoin or stock in copper miners you could buy with these sums. How could the joy of ownership over a collectible compete? Or do these people really believe that these things will appreciate from these prices?