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Art sales and donations are used for money laundering and tax evasion. That's why the quality of art has no relation to its price anymore. Modern art streamlin
by f7ebc20c97 5y ago
Art sales and donations are used for money laundering and tax evasion. That's why the quality of art has no relation to its price anymore.
Modern art streamlined this business (since it can be mass produced quickly) and NFTs streamline this even further.
- akimball 5y agoYet FinCEN allows artists to just make paintings as they please, and their trade is unregulated. Shocking!
- DaiPlusPlus 5y ago> Modern art streamlined this business Not a fan of po-mo then, I take it?
- f7ebc20c97 5y agoI'm a fan of some, but it's a subjective thing, isn't it? Don't you think that maybe perhaps some of the "auction prices" and "appraisals" are a bit more "objective"? Can nobody on this website think outside the box?