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How Bananas and Mortgages Can Explain the NFT Craze

A banana can be removed from its peel. A loan can be separated from the right to bill you every month. Now NFTs have cleaved bragging rights from artwork. What these things are worth is a matter of opinion.

Updated May 9, 2023, 3:17 a.m. Published Mar 12, 2021, 6:00 p.m.
Maurizio Cattelan's "Comedian" presented by Perrotin Gallery and on view at Art Basel Miami 2019.
Maurizio Cattelan's "Comedian" presented by Perrotin Gallery and on view at Art Basel Miami 2019.