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That moment when someone reveals a lot about what itches they're currently scratching... > Buyer’s Remorse Insurance Money back guarantee for art buyers: Buyin
by sulam 9y ago
That moment when someone reveals a lot about what itches they're currently scratching...
> Buyer’s Remorse Insurance
Money back guarantee for art buyers: Buying fine art has a steep learning curve.
- giarc 9y agoI thought the same thing. I wonder if Justin just bought a $400 million Da Vinci only to find out it might not be real.... :)
- 33W 9y agoI've been intrigued by the idea of establishing a blockchain for the sale and transfer of art. It has the similar characteristics of currency: several parties who do not have trust, a finite number of items (at any point in time). A challenge would be to devise how new items are added - are there a few nodes (trusted galleries) that can add new pieces. This would prevent a work that is in a private collection somewhere from being "discovered" by a forger. Anyone would be able to query the ledger and see that a different collector currently owns the piece.