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It's more about people with a lot of money hoping to sell it for a greater return, while maybe also having shit taste in art. In five years it'll be at an aucti
by lancesells 2y ago
It's more about people with a lot of money hoping to sell it for a greater return, while maybe also having shit taste in art. In five years it'll be at an auction and sell to some other person with too much money in hopes of making a profit on it later on.
- neaden 2y agoThe guy who bought it, Justin Sun, ate it. So unless it's going to get really meta (and stinky) he's not going to resell it.
- blitzar 2y agoThat would be a piece of art.
- lancesells 2y agoNet worth $1.6B. So eating a $6M banana is a PR stunt. Edit: Also doesn't mean it can't be resold as that banana gets replaced x number of days.
- detaro 2y agoThe thing being bought by him was not a specific physical banana, so he can resell what was sold just fine if he wants to.
- llamaimperative 2y agoNah, it has to do with money laundering, tax evasion, and easy international money transmission. There are tons of interesting tricks you can pull once you have your hands on a small object "worth" hundreds of thousands or millions of dollars whose very illiquid + inefficiently priced sales also affects an entire market of similar objects.