I read a interesting article on Steemit by - Why So Many Smart People Have Been Wrong About Bitcoin
He makes the analogy between the internal combustion engine and the fuel that drives it.
A analogy could also be made with the art market.
Jean-Michel Basquiat
What drives the price of a Jeff Koons into the millions? The intrinsic value of the material of a plastic balloon dog is negligible.
One of Jeff Koons’s “balloon dogs” just fetched a record price, but who owns the rest of the litter?
Is the art market going to collapse? What do the economists say about that?
Andy Warhol's Elvis being readied for auction.
Alberto, David and the patriach, Jose Mugrabi
What would happen in that case to the collection of Jose Mugrabi, (The Mugrabis have the biggest Warhol collection in the world outside of the Andy Warhol Museum in Pittsburgh.) Meet The World's Biggest Warhol Collector, Who Just Added A $37 Million Work To His Trove: I think they can sleep easy, Jose and his sons Alberto and David Mugrabi. The market is not going to collapse, and if they have any bitcoin, they are safe too!
Is the Art Market in danger because of this: Alibaba Is Selling A Knockoff Version Of Jeff Koons' $58 Million 'Balloon Dog' For $500? Nobody would seriously think that.
For all you fellow starving artists out there, don't think I changed my mind. I am just facing reality, and this is, to paraphrase George Carlin: "a big club, and you and I are not in it!"
Now if this would be worth as much in the market, I'd be happy ..... actually, it is in a collection already, so my buyer would be happy:
Fly-over with Bogomil's Shuttle by Otto Rapp