3 ms·
It's speculation. People who buy highly expensive pieces of art and store them in a vault in Geneva* don't enjoy them in any way. It's a value store. Why not b
by bambax 6y ago
It's speculation. People who buy highly expensive pieces of art and store them in a vault in Geneva* don't enjoy them in any way. It's a value store.
Why not buy Bitcoins instead? I think it has to do with the cool factor. It feels probably better to own an NFT than a Bitcoin, as it feels different to own actual art than stock in the Coca-Cola company.
(I can only guess though, I have never owned any of those.)
* https://www.crozier.ch/en/services/art-storage https://www.crozier.ch/en/services/art-storage