This has nothing to do with art. NFTs are the best money laundering method in the cryptocurrency world. Just like how druglords use fine art auctions to pay for

This has nothing to do with art. NFTs are the best money laundering method in the cryptocurrency world. Just like how druglords use fine art auctions to pay for cocaine shipments. Think about it, anyone could be the customer or the creator of the NFT 'art', the platform can charge a percentage. Meanwhile if the platform offers financial services the need for KYC/AML locks them from doing business with themselves and anything else doesn't have enough volume. I think AML/KYC is an extremely draconian regulation so I sympathise to some extent but NFTs have no value as art. They have various interesting use cases though but those things require more effort (you know, cause they are actual products) but no one has done anything like that yet because blockchains have not had a big enough market or fast enough transaction speed to attract talent to build on them (yet!). Hopefully we can leave this era behind soon and abandon nation states and taxes for insured crowdfunding and internet-as-means-to-solving-climate-change, i.e. fair allocation of the earths resources.