Quote from: El duderino_ on Today at 09:07:54 AM

~snip~

Quote from: Lucius on May 03, 2024, 02:34:03 PM

There will always be some items that will be valuable to collectors, but only their "originality" and rarity will determine their price. If someone managed to write that same message on paper and take a picture with, say, the current president of the US - would someone pay more or less for that piece of paper than the one that was recently sold?[/size]

That last part would be special, but I don't think it would be worth more.... back in the day (Yellen) then BTC was still more under the radar, not known as today... and it would feel like a copycat etc therefor I don't think the value would be close to the same.... BUT I do think if that same individual would draw a simular original and is close by the president on an important speech then maybe yes...

It somehow seems to me that such a sign with the "signature" of the US president (regardless of who he is) would be worth much more than 16 BTC and in any case more than $1 million. I'm just starting from the fact that the US president is perhaps the most recognizable political figure for many, whether it's the US, the EU or the UK, and that a lot of people would be willing to pay a lot of money for such "art".

Quote from: El duderino_ on Today at 09:07:54 AM

I also think over time the one who bought it for 16 BTC will be able selling it for more in FIAT terms (BTC difficult to say, depends on price surge) and especially on certain timings.

This is very likely possible, because regardless of the fact that $1 million seems like a lot of money to us, for some others it can be a real trifle. However, everything depends on what will happen with Bitcoin in the following years, because the value of such items will largely depend on how popular Bitcoin is at some point. Anyone who ever wants to sell it should choose the right moment, because the previous owner obviously judged very well when to offer his "work" to the market.