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> Will that really work long run? It seems too obvious. it is supposedly something that happens often with physical art, and there have been a lot of attempts
by riffraff 5y ago
> Will that really work long run? It seems too obvious.
it is supposedly something that happens often with physical art, and there have been a lot of attempts to prevent it via regulation, e.g. the AML Standards for Art Market Operators[0].
In crypto space as usual we're at the "frontier" state where lack of regulations allow shady behaviours, and they will until the authorities catch up and crypto becomes "normalized".
[0] "Once purchased, the art can disappear from view for years, even decades." https://www.moneylaunderingnews.com/2019/03/art-and-money-laundering/ https://www.moneylaunderingnews.com/2019/03/art-and-money-la...