@UnkleMikey713@culturecritic78@Awk20000 I have 0 interest in buying something like that. I personally think it’s foolish but it’s still very interesting. People invest in crazy stuff like high end watches, art, jewelry, gold, bitcoin, stocks, and fanduel because the dollar is a melting ice cube. Cheers, Merry Xmas!
@UnkleMikey713@culturecritic78@Awk20000 If people are voluntarily buying and selling at those prices, the demand isn’t fabricated it’s discovered. You may not value it, but markets don’t price based on personal utility. Scarcity + desire + willing buyers = real demand. That’s how price formation works
@UnkleMikey713@culturecritic78@Awk20000 You explained it in your own comment. Why does time have anything to do with the value? Who cares how long it took? If something is objectively and subjectively, beautiful to the collective and the demand is enormous then it doesn’t matter how long it took to create it. Demand…
@culturecritic78@UnkleMikey713@Awk20000 Completely untrue. Humans decide what is beautiful or valuable as a collective. My kids art is not valuable to anyone but me but it’s still art.