Think of them as creative gambling devices.
It's the art market, digitized.
The best perspective I've come across on NFTs so far. Looking at it from this framework suddenly it makes more sense to me how something like this could potentially survive
You might as well go, 'I have eleventy billion dollars, prove me wrong' and save a heck of a lot of energy. It will all come down to how many weapons you can bring to bear, regardless.
This is true of all kinds of tokens. The real takeaway is that cryptocurrencies are now so valuable that there are a plurality of individuals with over $100M, no taste, and no sense. This is a result of massive flows of money into the space. Fungible tokens are trivial replacements for large swaths of any financial system. There are great things going on adjacent to this sideshow.