I don't understand why anyone would pay for this, under any circumstances. You're not paying for exlusive access to the tweet, or even ownership in any meaningful context - you get a certificate of authenticity tied to a cryptographic signature. The tweet is still out there in the wild, and it's not like you can delete it or transfer it to your handle or anything like that.<p>I truly, genuinely have no idea who's bidding on this, or what their reasoning is. In fact, I'm not sure I understand the concept of NFTs at all. In the physical world, fine art holds its value because there is exactly one of each painting, and the human hoarding impulse nurtures a sense of reverence towards originality. However, art "sold" via NFT is still accessible and available for anyone to appreciate and download. I don't have to ask for permission from the owner to look at the art, or even go to a specific location (like a gallery for a physical piece). I can just download the art to my computer and stare at it whenever I want.<p>The only argument I've seen for NFTs is that many famous artworks have prints made, that are cheap and available to everyone. The original painting is expensive and owned by a single person, but anyone can have an imitation hanging on their wall. I don't know that I buy the translation of this concept to the digital world, because prints are very obviously not the actual piece (not least because they're printed and not painted). If I download an image or video, or grab a link to @jack's tweet, I have the exact same configuration of bytes that the "owner" has. In the case of a link, I'm staring at the exact same thing the "owner" is, and the fact that it's on a reputable website means I'm not looking at a fake - thus providing the same guarantee as a certificate of authenticity. Hell, there's even a cryptographic element, since the site will use TLS for encryption.<p>Am I missing the paradigm here? Or is this just the method by which crypto millionaires will become crypto penniless?