No - when you buy a house - you also are "buying a title". That's not why people buy houses or cars. They buy them to use & own them. Maybe Ultra High Net Wort

No - when you buy a house - you also are "buying a title". That's not why people buy houses or cars. They buy them to use & own them. Maybe Ultra High Net Worth Individuals who collect cars and $10M lakefront mansions across the world don't buy cars and houses to "use" them. But >99% of cars and houses are bought for use - not for a piece of paper to prove ownership. Sure - the people buying $1M NFTs are probably Ultra High Net Worth Individuals (or complete frauds - maybe both?). But the majority of NFTs are not $1M - and the majority of people buying them are not Ultra High Net Worth Individuals.