You reference beanie babies or tulips and describe how a speculative market detached the price from the actual value--so while the speculation was ongoing, some

You reference beanie babies or tulips and describe how a speculative market detached the price from the actual value--so while the speculation was ongoing, some people made money, but when it collapsed, many lost money, and they were left with the actual value of the underlying thing. For a tulip or beanie baby, you have a thing worth little. For an NFT, you have an entry in a ledger that no one pays attention to outside the context of the speculative market that's disappeared. I've had success reminding older people of a company in the U.S. that was selling stars in the 1980s. You gave them cash, they gave you a certificate with unique stellar co-ordinates and a claim that you owned the star there. At the end of the day, you had a certificate, not a star, and no one would ever see the certificate as anything but a novelty, even if there was a brief moment when they were trading for stupid amounts.