Earlier quoted context omitted.
Is there a reason why the painting I linked is $85mil, and the Beeple NFT isn't? My argument is that the value of a collectible (NFT, painting, baseball card) is actually because of what it represents, rather than the object itself.
> My argument is that the value of a collectible (NFT, painting, baseball card) is actually because of what it represents, rather than the object itself. Well... yeah? Has anyone ever argued that the Mona Lisa is worth whatever its raw materials are worth? The real question is if the Beeple work is interesting as art or is if just a speculative bubble. https://www.ft.com/content/1563d643-332f-3887-8c6e-caf7435f3...
But it does! And that's my point about NFTs.