Re:Why the ‘Big Short’ Guys Think Bitcoin Is a Bubble
by ur-whale on Monday October 18, 2021 @01:06AM
(#28902392)
> Art has value as a money laundering scheme
That's IMO a very reductive view. While - true - art is used to launder money, that's not the only thing that lends it value.
If that wasn't the case, there wouldn't be any brick and mortar museums left in the world and you could buy the original Mona Lisa for a dime - since everyone else would have a 16k x 16k reproduction of it, essentially identical to the original.
Somehow, that does not happen.
Although I’m hopeful maybe someone will find a decent use case for them.