A great many people are starting to look down on NFT buyers and sellers. I'm not sure what status they provide since either someone has to maintain the chain somehow forever which is impossible, but also there isn't anything stopping someone from creating alternative timelines of sales.
Almost every status symbol is looked down upon by many people. That doesn’t mean there isn’t a group who admires it.
The same thing could be said about other collectibles. There isn’t anything stopping people from printing their own baseball cards, but that doesn’t change the market.
Many people say the same thing about Bitcoin. They aren't wrong, either, but they also miss the point that it doesn't matter if enough people decide to value it.
Right no for sure. For instance people forked Bitcoin and suddenly everyone that held Bitcoin also held Bitcoin Cash. I can see the not too distant future where a dispute arises as to who owns a particular NFT though because of such kind of forks, possibly.
