I'll be honest here, I barely get the concept of this at all, but from what I've gathered regarding it all, it seems like you can own your own unique artwork with a non-replicable encoding that gives it its own fingerprint if you will, thus making it impossible to copy ---> but apparently people can just screenshot it and render it useless? There's some people saying it's not true and then some more, but I just don't think that I'm tech savvy enough to tell whether they're being legit about this or not. Moreover, I feel that the last time I heard something about ridiculously expensive / overpriced art works, either it had something to do with tax evasion or money laundering by the elites. So well, I dunno.
Can someone on here break this craziness down for the GAW audiences in laymen's terms? Would be much, MUCH appreciated! Cheers! And thank you! :)
Quite an insightful response! Only one question though, are there that many art buyers and art lovers among the general populace, or is it yet another shady hidden scheme made (by and for the elites) to simply make the said elites more richer? You know, by having a thoroughly rigged our-chosen-artwork-gains-as-much-popularity-as-and-when-we-please system (such as Wall Street) from the get go?