The Pacific Bitcoin conference in Los Angeles has just announced its partnership with Bitcoin auction platform Scarce.City. In a collaborative effort, bitcoin artworks will be displayed at the event and auctioned thereafter.
The auction will start on Thursday 10th November at 10am pacific time, bids can only be placed with Bitcoin.
Pacific Bitcoin is the largest bitcoin-only conference on west coast with headline speakers such as Michael Saylor, Peter McCormack and Cory Klippsten.
The conference incubates the art exhibition in an attempt to display a piece of bitcoin culture. Bitcoin artists can display their latest works and attendees can enjoy selected artworks. In partnership with bitcoin auction platform scarce.city, the artworks will be available on auction starting from tomorrow.
Interested collectors and art fans can bid using bitcoin while 1% of the bid is required as collateral upfron. Details of the auction can be found on the website of scarce.city
Artist Ashanoa has submitted his oil on canvas work “Genesis Block 0001”.
“Raw hex version of the bitcoin genesis block handwritten with oil-based metallic on limousine leather black acrylic. Hand stretched cotton canvas on 1.5” deep gallery frames.
Handwriting these lines is a mantra to remind us of the interconnectedness between physical and digital realms. The imperfections are a reflection of humanity’s flaws, the very reason a perfect and precise, cryptographically secured system of peer-to-peer transactions is necessary, to separate money and state.
These few lines of code immortalize the first step in a journey through space and time towards a more beautiful world we all know is possible.
On the 31st of October 1517 Martin Luther nailed his Ninety-five Theses onto the door of the All Saints’ Church in Wittenberg. This marked the beginning of the movement that led to the separation of church and state.
On the 31st of October 2008 Satoshi Nakamoto released the Bitcoin White Paper, marking the beginning of the movement that will lead to the separation of money and state.
There is something to be said for the mathematical precision found throughout nature in the very building blocks of existence, down to the atomic and molecular structure of all things.
It is only fitting that our most base store of value be built upon such numerical truth and precision.
There is an interesting relation between Bitcoin’s digital nodal network and an organic mycelial network found in nature.
Something to be said for a symbiotic balance of the organic and technologic.”