Earlier quoted context omitted.
> You're "renting" something that can be effortlessly replicated ad infinitum. This is only slightly less true for books and optical media. You are never paying for the paper or plastic - even on the lowest margins that's at most 10% of it - , you're paying for the privilege of consuming what's on it. > How much of what you pay for "digital rentals" goes to creators and towards running the actual infrastructure to do…
But with a book, you have that privilege in perpetuity, and you can loan, transfer, and resell it. Coincidentally, NFT’s got the “transfer” side of the equation, but forgot about the “privilege” part! The tokens are yours in perpetuity, and can be transferred to others, but it’s not at all clear what privilege they provide.
I can't comment on NFTs beyond "wow, what a wasteful scam".