Cryptograffiti – Terrible Store of Value – Print #18/100

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 Hox
( 16 ratings )

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Description

  • Signed and numbered, limited-edition of 100
  • 24 in x 13.5 in (61 cm x 34.3 cm)

Artist statement:

Over the years, there has been countless negative commentary directed toward Bitcoin by central bankers.  In January of 2014, Jamie Dimon famously deemed it a “terrible store of value.”   More recently, he described Bitcoin as a “fraud” despite JP Morgan Chase’s own record setting settlements with the Department of Justice for underwriting fraudulent securities leading up to the 2008 financial crisis.

“Terrible Store of Value” counters the CEO’s statements while demonstrating the versatility of cryptocurrencies. Dimon is depicted in a disintegrating state, mirroring the public’s trust toward traditional banking institutions. The work itself acts as a store of value via an integrated bitcoin wallet. Value can be added, stored and removed from the piece at will without the oversight of any central authority.

See the original work here: Terrible Store of Value – cryptograffiti

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