4 ms·
I am struck by a thought: isn't this just yet another kind of a pyramid scheme?
by SagelyGuru 9y ago
I am struck by a thought: isn't this just yet another kind of a pyramid scheme?
- M_Bakhtiari 9y agoI don't see the similarity. I can't see any notion of recruitment rewards in modern art. It's more like Pez dispensers and Beanie Babies and all that nonsense. Over-priced and over-hyped collectibles with no real-world (not even aesthetic) value.
- SagelyGuru 9y agoYes, I should have said bubble, like the original tulip bulbs. At least the tulips did have some aesthetic value. There is recruitment reward: buying early, hyping up modern "art" and making a profit.
- CPLX 9y agoIt may be a bubble, but it's not a pyramid scheme. While similar, those two concepts are distinct.