2 ms·
> No value is getting created. It's just musical chairs with money Well, money launderers do this monetary musical chairs thing too. The launderers' customers
by KirillPanov 5y ago
> No value is getting created. It's just musical chairs with money
Well, money launderers do this monetary musical chairs thing too. The launderers' customers pay them pretty hefty fees, so clearly they percieve some value being created (or at least provided) there.
Kinda like when Sotheby's launders drug money at their art auctions. Except now instead of art we have "NFTs".