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I read somewhere that stolen works of art are used as a form of currency between drug crime Organisations
by flarg 8y ago
I read somewhere that stolen works of art are used as a form of currency between drug crime Organisations
- paulcole 8y agoDoesn't make a ton of sense. If you can't convert it to currency easily, why does it have value at all?
- goldenchrome 8y agoWhen you have functionally infinite money, rare objects become more important indicators of status. And when you and all of your friends are involved in illegal activities, your mutually assured destruction makes any questions of legality moot.
- mulmen 8y agoOff the top of my head: ease of transport?
- paulcole 8y agoIf that was the case why don’t they switch to Mickey Mantle rookie cards? Or USB drives with BTC? Lugging around a Pollack must get tiring.
- baddox 8y agoIf it is the currency, why would it need to be convertible to another currency?
- paulcole 8y agoGive me change for a Rembrandt.
- gnulinux 8y agoThe whole point of currency is that it doesn't have to have value at all. You use it for goods and services. Money doesn't have value, it's just a piece of paper, bitcoin is just bunch of bytes in a linux server. This is also why people used use gold as currency; it's not that gold is a very practically valuable metal (say, unlike iron) but it was the currency mostly because it wasn't too common, but also not rare enough to make it impractical to use for goods and services.