I'm not sure "stupid" is the right word for me. "Extortionate" is closer but not right either.
No, you get it. It's stupid.
NFT people believe that value comes from scarcity. So they figure they will get richer when things get destroyed.
You'd think that the NFT would be more valuable with the real-life counterpart also existing. But no, now this $10 million artwork gets a renewed chance to die in obscurity.
I'm a fan of most things Web3, but this is so dumb.