When we analyse things into their elements or into reality, we cannot find any abiding entity, any everlasting thing. This is why the eternalist view is considered wrong or false. The second false view is nihilism or the view held by the nihilists who claim that there is no life after death. This view belongs to a materialistic philosophy which refuses to accept knowledge of mental conditionality. To subscribe to a philosophy of materialism is to understand life only partially.
Nihilism ignores the side of life which is concerned with mental conditionality.
If one claims that after the passing away or ceasing of a life, it does not come to be again, the continuity of mental conditions is denied. To understand life, we must consider all conditions, both mental and material. When we understand mental and material conditions, we cannot say that there is no life after death and that there is no further becoming after passing away. This nihilist view of existence is considered false because it is based on incomplete understanding of reality. That is why nihilism was also rejected by the Buddha.