Rich Morons of the Art Market Strike Again
7 min readMar 10, 2021
Cryptoart, cat GIFs, and burning an original Banksy
Imagine taking a digital portrait of someone famous — let’s say George Clooney. You embed a code into the meta data of the photo, which proves that you’re the photographer and that the photo is one of a kind, and then you sell the digital file to an art collector for $100,000. At the same time, you release a high-resolution version of the…