Explain this to me

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Others were bidding as well. Think what good that money could do.
Oh, I know. Lots of very self serious people out there who think the mere ownership of many numbers on the internet is evidence of their cultured insightfulness.

My partner and I encountered this bullshit a week or two ago because plaster knockoffs were popping up on her Pinterest feed. I Went down the rabbit hole (not a deep hole). Arguably the stupidest fact of all is the “winner” received a certificate of authenticity with instructions for recreating it, once the banana rotted.
 
Others were bidding as well. Think what good that money could do.
Their money. At least it's back in circulation. No different to me than multiple houses or exotic sports cars. Bitching about the whats and whys doesn't do anything about rich flaunt or income disparity. This is part of why most of our forefathers were for inheritance taxes to impede the creation of an American aristocracy/ leisure class based on generations of accumulated wealth.
 
Ok. Some good attempts to explain why the guy paid $6.2 million for a rotten banana and 39 cents worth of flduct tape. My favorite was for the publicity on the crypto currency but I would be hesitant to invest with what I consider an idiot. So my other question. Why is this art?
 
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It's more pretention, imo, but this sort of thing has a long history in the art world. Guess it's either an "eye of the beholder" thing or the classic theme of the sophisticated scamming the yokels' inability to grasp the meaning of fine art. :rolleyes:
 
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