[lancesells]

It's more about people with a lot of money hoping to sell it for a greater return, while maybe also having shit taste in art. In five years it'll be at an auction and sell to some other person with too much money in hopes of making a profit on it later on.

[llamaimperative]

Nah, it has to do with money laundering, tax evasion, and easy international money transmission. There are tons of interesting tricks you can pull once you have your hands on a small object "worth" hundreds of thousands or millions of dollars whose very illiquid + inefficiently priced sales also affects an entire market of similar objects.

[neaden]

The guy who bought it, Justin Sun, ate it. So unless it's going to get really meta (and stinky) he's not going to resell it.

[detaro]

The thing being bought by him was not a specific physical banana, so he can resell what was sold just fine if he wants to.

[lancesells]

Net worth $1.6B. So eating a $6M banana is a PR stunt.

Edit: Also doesn't mean it can't be resold as that banana gets replaced x number of days.

[blitzar]

That would be a piece of art.