4 ms·

I see you’ve never heard of the market for fine art.

• edm0nd 2y ago
  also NFTs
• frumper 2y ago
  That's great for money laundering, but you'd have to pay taxes on it. Good luck.
  • criddell 2y ago
    Unless you leave it in some warehouse by the airport. > https://hyperallergic.com/51913/the-shadowy-world-of-art-in-tax-free-ports/ https://hyperallergic.com/51913/the-shadowy-world-of-art-in-...
    • lostmsu 2y ago
      But then it would not contribute to US GDP, would it?
• gruez 2y ago
  You might not agree that a blank canvas is a $100k "art piece", but assuming both parties are sincere, what's the issue? It's not really any different than some luxury brand selling a $50 (being really generous here) t-shirt for $500.
  • sadeshmukh 2y ago
    Their worth is inflated and their whole suite of same artist work increases in value.