NFTs are like the modern day equivalent of Tracy Emin’s unmade bed [0]

It’s funny to think back at how many people were horrified about that being considered “art” at the time.

Compared to {what I see as} the complete lack of *actual value* in some of these high profile NFTs, I’d say that bed now looks like the highest of high art.

I appreciate I might be missing something, but I do not understand one bit of the psychology behind NFT sales like this. I don’t understand where even the perceived value is.

Unless it was bought by that guy that refused to sit in the front of his Tesla, perhaps to watch on his headrest display while streaming the cops chasing him…

[0] https://www.tate.org.uk/art/artworks/emin-my-bed-l03662