94 An Italian Artist Sold a โInvisible Sculptureโ for $18,300: Itโs Literally Made of Nothing (๐๐ด ๐ช๐ต ๐ฎ๐ฐ๐ฏ๐ฆ๐บ ๐ญ๐ข๐ถ๐ฏ๐ฅ๐ฆ๐ณ๐ช๐ฏ๐จ, ๐ฐ๐ณ ๐ช๐ด ๐ฉ๐ฆ ๐ต๐ณ๐บ๐ช๐ฏ๐จ ๐ต๐ฐ ๐ฅ๐ณ๐ข๐ธ ๐ข๐ต๐ต๐ฆ๐ฏ๐ต๐ช๐ฐ๐ฏ ๐ต๐ฐ ๐ต๐ฉ๐ฆ ๐ช๐ด๐ด๐ถ๐ฆ?) (knovhov.com) posted 1 year ago by Questionable 1 year ago by Questionable +94 / -0 An Italian Artist Sold A 'Invisible Sculpture' For $18,300: It's Literally Made Of Nothing - Finance And Investing In May 2021, Italian artist Salvatore Garau made headlines. He sold an invisible sculpture for $18,300. Titled Io Sono ("I Am"), the piece exists only in 36 comments share 36 comments share save hide report block hide replies
Pretty much, always has been. Instead of giving taxes (or halt bankruptcy from eating at physical cash), you sell the โartโ (or in this case, the certificate) to the bank as collateral. This has been the go to bankruptcy protection for decades.