So we seem to both agree that what NFTs (and blockchain) is doing is actually just bookkeeping, and this “data” cannot invade the physical world unless we actually act upon the physical world according to that data.

What I was talking is: the reaching from world 3 to world 1 (in Popper’s terms) in capitalist societies are often enforced with the absolute power of the state, and “free” markets emanate from that power. NFTs don’t add anything more to this current state of society, since it is just another way of bookkeeping, and the actual reaching from world 3 to world 1 is left unsolved (which for me, how to do this without relying on violence and coercion is the most important question of liberalism, and failure of this will lead to its demise). NFTs and crypto are still exchanged in US dollars, and people always talk about it in how many US dollars it represents. So value is ultimately delegated to the dollar, the dollar which holds its global monetary status via the US’s hegemonic military power, so we’re back to our current problem.

So, do you think NFTs can actually change the current status quo? Does it bring anything new to the equation?