This critique falls on the line of scapegoating NFTs because there are many examples of physical goods that have varied use, valuation and trade properties. To

This critique falls on the line of scapegoating NFTs because there are many examples of physical goods that have varied use, valuation and trade properties. To name two, I can't make derivatives of a Funko Pop collection, and I can buy counterfeit watches. On the end of the artist, real art and NFT art are sold for the same reason: someone wants to buy an idea. The tangibility of the art isn't a clear point for utility, because valuable art comes with complex considerations for its preservation and delivery, and in some cases stays vaulted and traded with certificates, which provides a definite negative utility - nobody sees it, yet you have a whole institution around trading it. Arguments against NFT trade ultimately come from positioning the trade network beneath the state and its regulated mechanisms for speculation, when its existence clearly expresses the opposite: the state exists at the network's convenience. Every prison economy knows this dynamic - horses are traded, abuses are not total.