Quote:
Originally Posted by dino7c
This painting sold for 186M, the world is a funny place...enjoy the ride
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Ironically Rothko used such bad paint you cant actually light his paintings to see them or they will fade away to nothing, art isn't a wholly useful analogy for crypto though, almost all art is worth nothing, in fact almost all art is thrown away, an incredibly small number of artists make a living, and out of them an even smaller number are valuable, the whole total of art sales a year is 60 to 70 billion which is a fairly tiny figure really, on top of that art is wildly inconsistent (which is analogous to crypto I guess) artists, whole schools of art become sought after and increase in value while some other artist or style loses almost all their value concurrently, it is a market wholly based on trends as the utility in art isnt as an investment, it's utility is really as a means for rich guys to brag to each other and look smart