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by lewismenelaws 805 days ago
The whole concept of art gaining perceived value after it's stolen is interesting to me.

If you haven't seen it, I highly recommend "Exit Through the Gift Shop" by Banksy that explores this concept. https://www.youtube.com/watch?v=IqVXThss1z4

I wouldn't be surprised if most of these robberies are staged in an attempt to raise prices/launder money.

1 comments

The Art World makes a lot more sense when you look at it through the lens of a giant money laundering operation
Yep. It's just a token used to move money around.

If I owe you $100 million for some criminal or nefarious reason... Hey, nice painting you got there, it's worth $100 million you say?

Now I have the token and when someone needs to pay me, I can just pass it along. The token isn't worth anything.