If nintendo could come into your hoise and smash all your old games consoles so you buy thr rerelease, they would do it.
I understand protecting new console sales and current IPs, after all many people are currently employed and working on it, and in Japanese law this is protected under unfair competition.
But when Nintendo just recycles old games, many times with inferior quality compared to the originals, they are not advancing the industry at all. And I’m sure they would totally be into bricking your old consoles and stop all the used game market if they could.
I was shocked to learn there was a short period in the '90s when even reselling your physical games was outlawed in Japan. At the time, Nintendo put "no resale" icons on the back of all their games.