“If I can just download the image file, why would I buy the NFT?”
Is the same as…
“If I can just download a picture of money, why would I work for yours?”
One method produces valuable (like gold or APPL stock, valuable because others think it is too).
The other method doesn’t (and risks bringing your integrity into question).
Value has always been divided into two camps:
- Valuable to you because you decided it’s valuable
- Valuable to a group because the group decided it’s valuable
For first is why you keep paintings your kids made.
The second is why people value the Mona Lisa. Or a Cryptopunk.
If you want to make something valuable to your family, make something your family values.
If you want to make something valuable to the market, make something the market values.