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A comment on In Response to My first impressions of Web3. Parent comment

Re:In Response to My first impressions of Web3 by dade on Saturday January 08, 2022 @12:58PM (#29854237)
> I don't think anyone who buys an NFT wants that NFT; they just hope to flip it for more money than they spent.

Is this not just how financial assets in general works? Anyone buying Amazon's share are not buying it because they want that share. They buy it because they hope some time down the line (weeks, months, years) they can flip it for more money than they spent.

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Re:In Response to My first impressions of Web3 by suzzer99 on Saturday January 08, 2022 @01:08PM (#29854342)
Yes. But the intrinsic value of a piece of art is tied to someone wanting to own that art for the enjoyment of it. The intrinsic value of a stock is tied to the earning power of the company you own a small piece of. NFTs have no earning power.
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Re:In Response to My first impressions of Web3 by piaste on Saturday January 08, 2022 @02:24PM (#29855180)
NFTs cannot pay dividends and do not have boards of governance.

A share without votes and without dividends would be worth $0.

(Also, many NFT shills and/or shovel salesmen fervently insist that they're selfless patrons of the arts, rather than simply trying to make ponzi cash)

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Re:In Response to My first impressions of Web3 by AlexCoventry on Saturday January 08, 2022 @06:00PM (#29857475)
In theory, an Amazon share is a share in future profits of a productive business.
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