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[–] flyingcuttlefish [S] ago 

continuing on the art as money hoarding tool - George Webb says a little more on it -

Day 217.8. Hillary'Hillarys , Hackers, and Henchmen

https://youtu.be/4H6RrZZzvRw

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[–] senpaithatignoresyou 0 points 1 point (+1|-0) ago 

The paintings do not go through customers, and count as a "cultural export" so they are a great way to launder money.

They are also secure. If a "painting" gets stolen, then how can it get sold? only a die hard collector would want it.

But no one is collecting the modern art, only the government and certain individuals. The lack of a black market for this stuff indicates that there is something artificial in these transactions, like a form of money laundering.