This whole rant assumes that people just buy NFTs to sell them to the next guy, but that's not the case. Some people buy NFTs to support artists (like Patreon) - others are gamified to represent something in a dapp, for example metaverse parcels are like domain names. And of course some just collect them for the flex. It's not really an MLM anyway you slice it.
Why wouldn't you just support an artist on Patreon? Or by actually buying something from them? What's the point of buying NFT instead? It's to sell to the next sucker before the bubble bursts. That's the only thing it does that other platforms don't already do better without having a blockchain involved.
