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I pretty much thought the same about crypto, but it occurs to me to say aloud that these new funds where you can “invest” in fine art are a Ponzi scheme. All it takes is two of them agreeing to a fixed rate of return and they can sell the same works back and forth to each other at ever escalating prices ad infinitum. And I bet there are no opportunities for the common investor to display any of the art in their home for any period of time.

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