I have been seeing this extraordinary hate for nft, i find it really irritating, i can understand some criticism but the way they make it look like it is a sin. I mean first of all art is subjective, the points they use to criticize can be easily applied to modern art. For me most of modern art is crap but it has value because people believe in its value simple as that.
Anyone has their own perspective about the art. Remember that the value of art come from someone's perspective. There are bunch of people called art was total garbage and it has no value or utility. Remember that majority of people are seeking for utility instead of uniqueness from the art. I do agree with your opinion if that's subdjective and anyone has different reason for that. Where did you see that?
Even currency is just a paper but it has value because people believe in its value. This is somewhat same hate bitcoin gets even to this day. And i know the same people who are criticizing NFT will be first in line to get NFT once it become more common and once they see profit.
That's a new trend that's still not accepted by so many people. You may not feel good to see that but that's it. Bitcoin gets blamed when it was getting created and so many people called that as garbage and useless coins but they didn't know the real value of it but this is a big different when it comes to the art.