No one will convince me that there isn’t money laundering going on there. There’s just no way an actual person looked at that and thought it is worth that kind of money
Well, no piece of art has an intrinsic value. And auction houses exist to make money, not because of some divine purpose to connect true art to its worthy new owner. Of course they’re going to jump on the hype train if they think it’s worth it. I fully agree that NFTs are a scam, like almost all crypto crap. But so is the current art market. Money laundering and investments for the rich.
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No one will convince me that there isn’t money laundering going on there. There’s just no way an actual person looked at that and thought it is worth that kind of money
Yeah, $17M USD. It would be interesting to see the real bidders and their history
Well, no piece of art has an intrinsic value. And auction houses exist to make money, not because of some divine purpose to connect true art to its worthy new owner. Of course they’re going to jump on the hype train if they think it’s worth it. I fully agree that NFTs are a scam, like almost all crypto crap. But so is the current art market. Money laundering and investments for the rich.