Crypto boss eats banana art he bought for $6.2 million

submitted 2 weeks ago by 🃏Joker@sh.itjust.works

rfi.my/BC7J

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55 Comments

2 weeks ago

It's still just money laundering

For anyone else wondering:

"The artwork owner is given a certificate of authenticity that the work was created by Cattelan as well as instructions about how to replace the fruit when it goes bad."

2 weeks ago

Is it really the same artwork, in that case?

Snack of Theseus

2 weeks ago

Bingo, that's the point. It's a statement on the value of art. At the end of the day, a painting is just a piece of linen with shit smeared all over it. You might as well just tape a banana to the wall and be done with it. But it also shows something else - art isn't just paint smeared canvas. It has meaning behind it and it evokes emotion.

So this guy eating it and pissing off 90% of people does the best thing that he could have done. Also, the remaining 10% know that it is not about the banana on the wall which was replacable. It was about the emotions - the outrage, the trolling. It is the same artwork - since art isn't just paint / just a banana.

2 weeks ago

This is something I've never really stopped to think about until now, but this artwork is actually a piece of genius.

It's an idea, or a concept, expressed in the form of a banana taped to a wall. It cannot be destroyed, or duplicated. You can tape a banana to a wall, but there can be only one banana taped to a wall. You can destroy the banana, the tape, or even the wall, and the artwork remains, because you cannot destroy an idea. In fact, someone already has eaten the banana.

Furthermore, everyone talking about it merely increases the value of the piece.

It's absolutely genius.

It's about the money laundering.

Ductaping a banana on a wall needs instructions?

2 weeks ago

Don't underestimate how dumb people can be.

2 weeks ago

Howtobasic taught me how to touch wall with apple

2 weeks ago, edited 2 weeks ago

The type of idiot that pays 6.2 million dollars for a duct taped banana exhibit needs those instructions.

It's one banana, what could it cost, 6.2 million?

2 weeks ago

This is a special keystone headline used to warn time travellers to keep on driving to the next timeline, this one is cooked, attempt no landing here

2 weeks ago

I'll never understand spending that money like that instead of helping kids with cancer.

Probably one of the several reasons why I am not rich.

2 weeks ago

It's usually an investment. Or in this case: a publicity stunt.

2 weeks ago

You know spending money doesn't make it vanish into the air right? Someone else has the 6.2 million, and it can still help kids with cancer.

2 weeks ago

But it wont.

2 weeks ago

I never thought I'd ever see someone argue against helping kids with cancer DIRECTLY when we have excess in the palm our hands, and yet here we are.

So you're saying he should have wasted that banana when there's children starving in Africa?

2 weeks ago

No you plant the banana and let it multiply so you can dig them up in the warm season and feed many

Sadly, that's not how bananas work.

2 weeks ago

You're mad at the wrong person. He only has a banana. The banana "artist" has $6.2 million now. Why aren't they helping kids with cancer? I suggest you go yell at them.

Do you think someone spends $6.2 million on fruit if they don't have an extra few million? He had $6.2 million at MINIMUM, and he chose to eat a banana instead of healing children.

I think it's perfectly fair to be mad at a person for the actions they took.

2 weeks ago

He had $6.2 million at MINIMUM

According to this great reporting by Protos, he holds over $580,000,000 in just Bitcoin, with tens (and sometimes hundreds) of millions in other assets, like TRON (the coin you can see promoted on the side of his microphone in the article's photo) which is a clone of the Ethereum blockchain he made by simply copying the code, artificially lowering fees, then publishing it as if he created it.

Not only is he a rich douchebag, but he's also a plagiarist.

2 weeks ago

Some gifter who managed to convince the world that a banana was worth 6.2 million dollars has that money. They won't be helping anyone but themselves.

I hope crypto-bro stole that 6.2 million from a cartel, and his next video involves people with machetes showing him how they feel about it.

2 weeks ago, edited 2 weeks ago

It's even worse than that. The banana isn't the actual thing valued at that price. It's the exhibit, an abstract arbitrary concept. The banana and duct tape get replaced periodically. This person is just eating a banana for the attention.

2 weeks ago

You seriously wishing death on someone for eating a banana?

Same argument about wasting 44 billion to buy twitter.

A useless website exchanged hands.

Someone still has the money, why dont they spend it on the poor?

2 weeks ago

Anyone who says the rich deserve to BE rich because they are "clever businessmen" need to repeatedly kicked in the balls.

Most folks could live comfortably for the rest of their lives on what this idiot spent on a banana.

Moderate investing of $6.2 million with a 4-6% return would amount to a monthly payout of $25,833/month. Very comfortably.

2 weeks ago

Which is why it's really weird for people to be so greedy after they've already accomplished five million.

2 weeks ago

Accumulating money is addictive. These people have an addiction problem and we all suffer for it :/

2 weeks ago

If some is good, then more is better, right?

25,833 USD a month will result in the ultimate comfortable lifestyle. A big house, car, 100% Healthcare. Everything you could possibly need and a loy more.

And here I am glad that my savings account interest pays for my phone bill+90% of my car bill.
Meanwhile I could just be buying a new car every month, instead, with a small loan of $6M

All people really...

2 weeks ago, edited 2 weeks ago

surely the banana is rotten by now wasn't this years ago yup he just replaced the banana so he just ate... a banana, which he could've done with every previous banana that went rotten too if he doesn't mind soft bananas

2 weeks ago

Wow food prices have really risen.

I respect every part except "crypto entrepreneur".

2 weeks ago

Idk it seems par for the course

The 34-year-old crypto businessman was last year charged by the US Securities and Exchange Commission with fraud and securities law violation in relation to his crypto project Tron.

Fuck this insufferable world.

2 weeks ago

What a waste of money, dude could have eaten it for free like this guy. https://www.cnn.com/style/article/david-datuna-banana-art-basel-trnd/index.html

2 weeks ago, edited 2 weeks ago

Thank you! The whole point of the artwork is that it can reproduced by anyone.

There's never been a better time to reference Arrested Development;

"There's ALWAYS, money, in the Banana Stand"

wow that is a very long article to say bullshit

2 weeks ago, edited 2 weeks ago

NFT artists kind of hide behind the oldschool art world to justify it...

I think it shows how stupid that world is.

The point of art is to *move* people, to make them think and feel something by conveying the artist's thoughts, not be a store of value. And while I've been to museums with gorgeous pieces, if you're paying millions for a painting, at some point most of that *value* is the gratification of hoarding it. That same money could buy you an incredible *experience* in today's art landscape, but it's not about the experience, is it? And NFTs are like the perfect deconstruction of that.

That being said, OP I am downvoting your post because eyeballs are exactly what crypto bros want, no offense :P

2 weeks ago

Damn, this makes me sad

The money wouldn't be better off sitting in his bank account.

2 weeks ago

??

He spent $6m on something. If he didn't spend it, it'd just be sitting in a bank. At least now it's out in the wild.