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Bitcoin, not to be confused with centralized trust requiring exchanges like Mt. Gox, has never been compromised. It has been under attack 24/7 for the whole ten plus years it has existed. The robust decentralized form of it would now require armies of hackers and a billion dollars to produce just one fraudulent block in the mathematical open ledger chain - which would be cast out by the ecosystem as a fake in 10 minutes. It is the most secure digital system the world has ever known. Many still think it is not secure nor backed up by anything despite this. The war between the old and new money is in full swing on both sides of the argument. Since fiat (government-backed) currencies are no longer backed by gold and keep inflating, many have alternative means to secure value. The Bitcoin white paper produced by the pseudonym Satoshi Nakamoto, gave birth to the idea of the money of the internet era. There will ever be 21 million of them. It is a system of trust that will spill into many other fields than money too, as the Ethereum blockchain has already shown through smart contracts and other solutions. For art, the blockchain solutions like Codex Protocol, will offer a permanent chain of provenance.
The central part of this work was created live in front of cameras shooting the documentary series the Crypto Kingdom. If you scan the above symbol next to this text with the Zappar app, it will reveal an augmented reality depth beyond the surface.The eternal dance of value and reality, going beyond crypto, is summed up by this Alan Watts/South Park video.
Painter: V E S A
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