Modern art pieces are the altcoins of the art world. Prove me wrong.
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Replying to @austorms
Jordan Sack Retweeted Naval
Is there nothing sacred?https://twitter.com/naval/status/1048729898339119104 …
Jordan Sack added,
Naval @naval
Collectors buy cheap art from up and coming artists.
The industry directs this cheap art to buyers who can be counted upon to buy a few pieces at high prices.
This “marks up” art from previously unknown artists.
Collectors donate marked-up art to museums for tax write offs. https://twitter.com/LifeMathMoney/status/1048632339063099393 …
2:23 PM - 11 Oct 2018
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