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by nj999999 1918 days ago
I typically launder large amounts of money through traditional art purchases. I store these assets at freeports throughout the world. Many of my friends do the same.

As an older, less tech-savvy gentleman, would you recommend NFT Art as a useful way to launder money?

The cut Christie's takes on my 'transactions' is borderline usurious.

3 comments

There is surely more to this "sale" than meets the eye, pardon the pun.

Unless someone has billions and wants to just p*ss away money for laughs, there is no legitimate explanation for buying something like this for such a price. It is not an investment in any reasonable sense of the word.

This is what anti-crypto LARPing looks like.
Will the existing art money laundering industry move to crypto or will they see it as a threat and have it smashed?