zeroescape on Nostr: if youve ever wondered why the high-end art market seems like bullshit when you see a ...
if youve ever wondered why the high-end art market seems like bullshit when you see a canvas sell for hundreds of thousands that looks like it was set next to a faulty paint shaker at homedepot for a couple weeks.
It's money laundering + tax evasion.
you can easily move large sums of money to anyone, then turn around and take that purchase price and list as a valid value of the canvas and turn around and donate it to a like minded organization for a tax credit.
It's money laundering + tax evasion.
you can easily move large sums of money to anyone, then turn around and take that purchase price and list as a valid value of the canvas and turn around and donate it to a like minded organization for a tax credit.