Boolanon on Nostr: because of the way it’s designed; NFTs are simply tokens that point to a jpeg image ...

because of the way it’s designed;

NFTs are simply tokens that point to a jpeg image on a server (usually centralized) so it is neither provably scarce or secure

#Bitcoin scarcity is provable because an energy requirement and unit limitation has been hardcoded into the protocol that can only be changed with mass consensus (90%+)

slapping a jpeg on a scarce asset does not make the jpeg scarce.