That incentive turns out to be false for the majority of people, at least with NFTs. Hence the frenzy dynamic. It ends up being deleterious environmental effect

That incentive turns out to be false for the majority of people, at least with NFTs. Hence the frenzy dynamic. It ends up being deleterious environmental effects for nothing. Nevertheless, it's still perceived financial incentive. To go off on a slight tangent and play devil's advocate with my prior post that's now past its edit window: I suppose there's the argument human beings have always been bad at resisting the influence of trends driven by information—however dubious. Propaganda in the 20th century being a great example of this. The internet as it exists today is a sort of hive mind that not only amplifies this dynamic, but injects a good measure of chaos and turbulence into the mix. That leads to a great deal of uncertainty, and in turn a distortion of each person's individual perception of reality. There's also the argument that good things may arise from the muck of the current technological landscape. I don't doubt this—there's strong historical precedent here as well—that said, things like the NFT craze represent more of a perverse evolutionary outcropping from our current hive mind structure, which is itself corrupted in so many ways. With any luck, hopefully the rotten bits collapse and fall off in due time.