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> that at best could be a sticker

Case in point. Some people collect stickers. I don’t but I’m not going to take every opportunity to obnoxiously point that out every time sticker collection comes up.

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Show me who is spending $1M on a sticker thinking they'll double the money?

Plenty of other things have been the subjects of irrational exuberance that are fundamentally fine. No one is arguing tulips or houses are ipso facto nonsense. $1M for an NFT is more of a symptom of insane/desperate global monetary policy but NFTs per se are fine.

Do stamp collectors qualify?

If they think stamp collecting is a way to get rich quick, sure. But I think passion for the topic is the driver. That and actual scarcity behind the asset, as opposed to Ponzi scheme.

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