Agreed, and it's a very weird type of conspicuous consumption. You can't really hang the NFT on your wall, or drive up to a fancy dinner in an NFT. I guess you can brag about it?
NFTs are the sole value they encode, ala cryptokitties. NFTs that people pretend are related to real-world objects are basically Moon or Florida[1] real estate.
I don't get how you can even brag about it. You can't say "I own this piece of art", you have to say "I own a pointer to this piece of art". And even that could end up a null pointer on somebody else's whim.
Don't they have a trophy wall in Instafachatwiktok?