It's about bragging rights.
Always a question of scale and one-uping.
Because my OG copy of Taku Sugimoto's - Mienai Tenshi sounded better than the re-press
because I got it in Japan and had met the guy in a hole in the wall cassette shop in Shibuya.
So flexing $Eleventy millions means you've got the price of admission, and then some.
Art auctions are the greatest example. Staggering amounts of money are bid. Insane amounts.
But I do like the concept of it's not what you made, it is what you spent.
Even as perverse as that concept is.
Economics
Moderator: Modulators
- Indeterminacy
- Merzwowow
- Posts: 843
- Joined: Mon Jan 06, 2020 8:45 am
- Location: B-52D Tail Gunner
- Has thanked: 3 times
- Been thanked: 270 times
- NoiseWiki
- Wiki Bastard
- Posts: 3811
- Joined: Thu Apr 04, 2019 3:38 pm
- Location: Los Angeles
- Has thanked: 1084 times
- Been thanked: 1250 times
- Contact:
Re: Economics
Sure but this is digital .. there's no difference really between the Beeple image on the crypto and the a copy of it on the internet but yea flexing the wallet is "priceless"Indeterminacy wrote: ↑Thu Mar 11, 2021 5:24 pm Because my OG copy of Taku Sugimoto's - Mienai Tenshi sounded better than the re-press
because I got it in Japan and had met the guy in a hole in the wall cassette shop in Shibuya.
- RUBBISH
- Merzbish
- Posts: 3638
- Joined: Fri Nov 22, 2019 9:37 am
- Location: Home
- Has thanked: 761 times
- Been thanked: 752 times
Re: Economics
Its new?NoiseWiki wrote: ↑Thu Mar 11, 2021 4:44 pmI still am finding it hard to see what the appeal of this isRUBBISH wrote: ↑Wed Mar 10, 2021 6:14 pmBut it so cool and lame-o hipster shit music band's are doing it and covid and virtual whatevers to make money and blablabla
https://www.npr.org/2021/03/05/97408938 ... o-buy-them
I think I understand the high art appeal or the first few people that do it and if only a few people do it then that's ok...right?
The npr bit made it seem like it was a way for bands struggling because of covid to make some money. I guess merch or selling tickets to private streaming shows didn't occur to them.
I don't think this will last long in this form.
Conceptually it seems to be sellable to goofballs but the negative environmental aspect will probably kill it considering the target consumer for this crap.
place holder
- NoiseWiki
- Wiki Bastard
- Posts: 3811
- Joined: Thu Apr 04, 2019 3:38 pm
- Location: Los Angeles
- Has thanked: 1084 times
- Been thanked: 1250 times
- Contact:
Re: Economics
Crypto and to a some degree the stock market is a pyramid scheme because only the people in early and out at the peak get richRUBBISH wrote: ↑Thu Mar 11, 2021 5:54 pmIts new?NoiseWiki wrote: ↑Thu Mar 11, 2021 4:44 pmI still am finding it hard to see what the appeal of this isRUBBISH wrote: ↑Wed Mar 10, 2021 6:14 pm
But it so cool and lame-o hipster shit music band's are doing it and covid and virtual whatevers to make money and blablabla
https://www.npr.org/2021/03/05/97408938 ... o-buy-them
I think I understand the high art appeal or the first few people that do it and if only a few people do it then that's ok...right?
The npr bit made it seem like it was a way for bands struggling because of covid to make some money. I guess merch or selling tickets to private streaming shows didn't occur to them.
I don't think this will last long in this form.
Conceptually it seems to be sellable to goofballs but the negative environmental aspect will probably kill it considering the target consumer for this crap.
- Indeterminacy
- Merzwowow
- Posts: 843
- Joined: Mon Jan 06, 2020 8:45 am
- Location: B-52D Tail Gunner
- Has thanked: 3 times
- Been thanked: 270 times