sebastian on Nostr: WHY DO PEOPLE BUY ART? 1. To have something pretty to look at 2. Something for rich ...

WHY DO PEOPLE BUY ART?

1. To have something pretty to look at
2. Something for rich people to buy in the hope that it increases in value

Why is Art a bad investment, and should Bitcoin be a viable alternative

- Art has a subjective value
- Understanding art is difficult, and lots of research is required
- The Art industry is very opaque
- Artwork doesn’t offer quick liquidity

This should be an open GOAL ⚽

Nothing has beaten BTC over the last 14 years

- It is a store of value
- Decentralised
- Accessibility
- Transparent
- Inflation protection

Jay Z snapped up a $4.5M Basquiat painting

What would his return be if he bough BTC instead?

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