>A piece of conceptual art consisting of a simple banana, duct-taped to a wall, sold for $6.2 million at an auction in New York on Wednesday, with the winning bid coming from a prominent cryptocurrency entrepreneur.>“Comedian,” by Italian artist Maurizio Cattelan, was a phenomenon when it debuted in 2019 at Art Basel Miami Beach, as festivalgoers tried to make out whether the single yellow piece of fruit affixed to a white wall with silver duct tape was a joke or cheeky commentary on questionable standards among art collectors. At one point, another artist took the banana off the wall and ate it.>The piece attracted so much attention that it had to be withdrawn from view. But three editions sold for between $120,000 and $150,000, according to the gallery handling sales at the time.>Five years later, Justin Sun, founder of cryptocurrency platform TRON, has now paid more than 40 times that higher price point at the Sotheby’s auction. Or, more accurately, Sun purchased a certificate of authenticity that gives him the authority to duct-tape a banana to a wall and call it “Comedian.”>>https://apnews.com/article/magritte-auction-christies-new-york-fb1a4db60df6bcc30eaae67e439486d7>>https://en.wikipedia.org/wiki/Justin_SunWhy the fuck haven't we banned together and revolted against these narcissistic sick fucks yet? There was less wealth disparity during the French Revolution than today. We live in an era where most people under age 30 can barely afford rent; meanwhile, half the property developments in major cities sit vacant because they are owned by foreigners looking to invest... oh and the ultra wealthy decide to spend $6.2 million on bananas and duct tape. It's insane that we allow this.
It's obvious.money laundering stupid
>>489097612Money laundering
>>489097700>It's obvious.money laundering stupid>>489097787>Money laundering/thread
>>489097787Explain how?
>>489097969>duct tape a banana to a wall>give it to your bro>he sells it as art>buy it with drug money>your bro now has now sold art for 6,2 million and can deposit it in a bank or do whatever he wants with it
>>489098093>implying the IRS won't ask the buyer where that money case from.
>>489097612Cuck Era
>>489097700Checked and /thread
>>489098254Art trade
>>489098093So the drug dealer paid cash? Or how did he launder the $6.2 million in a bank in the first place? You can’t just deposit $6.2 million cash in a bank.
>>489097787Yep. Hunter Biden was making >$500k for stick figure drawings.
It's like Hunter Biden getting paid for his 'artwork'. If we had actual criminal investigators who investigate big criminals it would be pretty easy to figure out how the cash is flowing and to whom, but of course they don't look into this kind of stuff because that's the way their masters move money other than crypto.
>>489098441That’s not money laundering that was for bribes and paying for favors.
>>489097612My only regret? I wasn't the one who sold a duct-taped banana for $6.2 million. I would have used real duct-tape too.
>>489098335What does that even mean? Doesn’t explain anything.
>>489097612Money laundering, like all modern "art"
>>489098413You can’t, they can
>>489098413Smurfing, casino winnings. Cash based businesses like arcades, restaurants and bars. There are also international professionals (many with tiny hats) who will take your literal bags of cash then pay 75% of it back to you for your new banana painting. According to my friend.
>>489098654Just say you don’t know.
>>489098413nobody paid anything, it's a banana duct-taped to a wall. it's not about the money, it's about the transaction.
>>489097787/thread
I'm going to shit and piss into an open blender, turn it on, and sell whatever hits the canvas for more than that banana.Fuck art.
>>489097787Or it's a bribe. Deals are made under the table, and the money is legally transferred by purchasing an overpriced, worthless "art piece".
>>489098656>Cash based businesses like arcades, restaurants and bars.Right, but after bringing I’ll gotten funds into a bank account through what appears to be legitimate business. What’s the point of buying a piece of art? The money has already been laundered.
>>489097612Art dealing has always been one giant money laundering enterprise.
>>489098093ROFL this isn't what they're doing. More like>hook up a client with drugs, slave, political favor, etc>they buy art from you to pay for itThere's no dirty money being passed around here. Its just a way to sell something illegal.
money laundering
>>489098413Banker takes a cut.By the time it's accounted for liabilities by others, the money has already been flipped 20 million times on the interest farm and generated enough profit to pay any dues to the state.
>>489098413It's not for street dealers who make multiple small transactions, but big ticket items like bribes, assassinations, or cheese pizza. Art has a high "perceived" value, but the actual material and labor effort to produce is is negligible. It's why abstract art became so popular with the elite - it's easier to produce and harder to question the value.
>>489097612Wonder who the blackmail is on? You really thought art had that much value? Blackmail goes up and down in value depending. Also art is a good money launder.
giving millions of dollars to the poor will not make groceries cheaper, nigger
>>489098413>>489099717Pretty much this and double plus if the art passes a "free port" or gets 'donated'/moved/sold/bought, to a non-profit organization for a cut from the max tax axe. You record the value if you want to swap it for like value or when given to 'charity' you can say on the books it was worth 50 gaymillions. It will raise an eyebrow but if it goes through an institution that processes a bunch of art and is expensed correctly they will just say damn that's alot of art biz you do it but you do this everyday, looks legit.
>>489098832This makes no sense. If there was a transaction funds were exchanged. They sold the art to themselves? >>489099599Nonsense>>489099717Is this money laundering though? They are paying clean funds for an item even though it’s really payment for something else.
>>489098998>be criminal mastermind with a lot of cash >have a network of associates (or a jewy contact with a network of associates) operating cash-based businesses>those businesses have gangbuster profits due to your cash limping in every month>unless the IRS stations an agent outside of your door to count the number of customers and multiply it by the average ticket, they just look like successful businesses >They are so flush with cash that they just can't help but wildly overpay for bad art or questionable real estate that criminal mastermind happens to own directly or indirectly >but who can say, because value is subjective, especially for art>criminal mastermind now has clean cash in his bank account to spend on normie things in normie ways>profit???
>>489097700came here to say this
>>489100656Debt is a fungible asset upon which interest can be raised, and taxes can't be levied.
>>489097612The IRS should look into this.
>>489101138Ok this example makes sense.
>>489097612It was $100k 6 years ago.https://www.gq.com/story/suddenly-the-koons-is-this-120k-banana
It's just a rehashing of Duchamps whole "found art" thing. There's been a subsection of the art world stuck on that dadaism crap for a hundred years now ever since he stuck a urinal on the wall and did the same exact shit. It's really just the visual medium manifestaion of the same old commie critical theory deconstructing everything to the point of meaninglessness bullshit they've been harping on forever. I just don't get it. Like, I "get it" insofar as it's dadaism but becuase it's so abstract and trying to make this philosophical statment and that statement is one on meaingless there's not much room beyond that for personal expression, theres no creativity, and it's not even advant garde anymore becuase its saying absolutely nothing that wasn't already said 100 years ago. It really is self felating midwit art majors thinking their deep for being taught about something everyone already fucking knows and never growing out of it.I say you just disregard it like any other manifestaion of critical theory bullshit becuase it really is just a stale old rehasing of those same idea. Artists never stopped making art, degenerates, commies, and kikes just came into greater power.
>>489097612Art sales have always been used to launder money because it can't be valued objectively
>>489097612typical white people hypocrisy to launder money or to virtue signal
>>489097700this
>>489101592It should, because I'm an actual criminal mastermind. This isn't even the real good stuff but you're welcome.
>>489097700as an artist and an artisan I dont see the distinction between the two. But if I call myself an artist I dont have to pay VAT. it's a stupid policy that he enabled and emboldened (post-)modernists to create this kind of rancid shit and sell it for millions
