When a work was digitally executed it was put into a room that functioned as a 3d scanner, then the room's heat was turned up high enough to vaporize iron. The 3d scan of the work would be saved to an NFT complete with digital proof of its absolute destruction.
Case was currently looking for the Gauguin, which, after its execution was now the most expensive NFT in the world, estimated worth, two billion dollars. Bezos would pay double that.
- Georges Bataille, The Accursed Share: An Essay on General Economy
https://www.regtransfers.co.uk/info/worlds-most-expensive-nu...
9 out of the top 10 are in UAE. Top price 7 million.
This really does not comport with my own knowledge. At minimum there was always the nomenklatura and the ruled. None of the Soviet ruled states went as far as the Chinese in putting the boot on the educated class so the pre conquest educated class stayed relatively distinct. Soviet rule didn’t last that long. The extermination of the Jews and expulsion of the Germans had at least as large an impact on the class structure.
This honestly makes me physically cringe. It's not even the worst aspects of new money, it's people LARPing as the nouveau riche. Imagine sitting in a room full of adults with status anxiety who compare their 20 dollar deviantart ape drawings they bought with their entire savings.