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by jhulla
3131 days ago
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Some ideas are ancient. The painting doesn't have to move. The money doesn't have to move. We just all agree to assign it to someone else. "Because these stones are too large to move, buying an item with one simply involves agreeing that the ownership has changed. As long as the transaction is recorded in the oral history, it will now be owned by the person it is passed on to and no physical movement of the stone is required." https://en.wikipedia.org/wiki/Rai_stones |
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Sadly, this appears to be true. Tons of art just sits in secure warehouses like gold bars, never seen by anyone. https://www.artsy.net/article/artsy-editorial-freeports-oper... (I've never heard of Rybolovlev before, but his name comes up in this article as well.)