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From that perspective, a genuine Picasso painting has no intrinsic value above a fake one, since Picasso isn't physically part of the painting.

• Brian_K_White 6y ago
  Art has intrinsic value that paper money does not, (without getting into the weeds about how the subjective nature of art means that anything can be art if you simply decide you want it to be for yourself, including dollar bills). The intrinsic value in a painting is that I enjoy it. Not how much effort went in to make it, not the market around scarcity and status, but the art. And in that case, indeed the intrinsic value is largely the same between the original and any high quality reproduction. You are both wrong and right. I'm not sure what you thought was so absurd about the idea that a painting has no intrinsic value over a print. You are right, it doesn't (assuming a quality print that is pleasing to look at). It has much other value, but not intrinsic. All the other value is just "we all just decided it's worth a lot of other stuff". All the other value in a Picasso is the same as the value of paper dollars and bitcoin. Exactly as you say.