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The vast majority of NFTs are now worthless, new report shows
(www.theguardian.com)
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this post was submitted on 23 Sep 2023
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No they're shit at that too.
Proof of ownership is this big complicated thing with lots of safeguards. If someone steals your title, you still own your car, and you can get this fixed.
If someone steals your nft, it's gone. The entire point of the Blockchain is there's no central authority that you can appeal to who will do the work to check that transactions are legitimate.
Anything that happened stays happened, unless the entire community explicitly roles back the Blockchain.