The definition of value here is what someone is willing to pay for it. If no one is willing to pay much for a CryptoKitty now that was worth a lot in Dec 2017, that means the value has changed because the market has changed.
The parent says that they don't see the value in current NFTs. I tend to agree that I don't agree with their current values. But I also don't agree with the proven value (at public auctions) of baseball cards, original NES game cartridges, the vast majority of sports/concert memorabilia, most fine art, etc. But then again, value varies from person to person because we all make priority and value decisions about what we are willing to spend our scarce currency on. Some people are able to make vastly different choices about their NFT purchases because they have vastly different wealth than I do.
Also, CryptoKitties are an interesting choice because they total number of kitties grows as owners breed theirs. The number of CryptoKitties has grown a lot since Dec 2017. Most NFTs I have heard about have a limited run.
The parent says that they don't see the value in current NFTs. I tend to agree that I don't agree with their current values. But I also don't agree with the proven value (at public auctions) of baseball cards, original NES game cartridges, the vast majority of sports/concert memorabilia, most fine art, etc. But then again, value varies from person to person because we all make priority and value decisions about what we are willing to spend our scarce currency on. Some people are able to make vastly different choices about their NFT purchases because they have vastly different wealth than I do.
Also, CryptoKitties are an interesting choice because they total number of kitties grows as owners breed theirs. The number of CryptoKitties has grown a lot since Dec 2017. Most NFTs I have heard about have a limited run.