What is Nostr?
darejanit /
npub1tn7…aau2
2024-08-28 22:52:58
in reply to nevent1q…zru4

darejanit on Nostr: No, art is not a security. Similarly, if you buy shoes or bags that are promoted, ...

No, art is not a security. Similarly, if you buy shoes or bags that are promoted, they are not securities either. It’s about whether the seller creates an ecosystem that makes a specific painting, bag, or pair of shoes more valuable.

The artist who painted a piece of art did not do so specifically to increase its value for you. It might increase in value, but not because the artist did something for you.

Similarly, Adidas or Nike do not do anything specifically to make your shoes more valuable after you purchase them.
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