TheArtBoard.EXCHANGE Now Accepting Bitcoin
29 April 2015 - 03:56AM
Business Wire
TheArtBoard.EXCHANGE is now accepting Bitcoin. Bitcoin is a
digital “crypto currency” that is mined in “cyber space.” Mining
Bitcoin has a significant cost and technical difficulty associated
with it. It is compared to mining for gold.
Bitcoin was invented by Satoshi Nakamoto 2008 and released as
open-source software in 2009.
The peer-to-peer online payment system is decentralized and
users can execute exchanges directly without needing an
intermediary. Bitcoin is rapidly gaining acceptance in tech and
financial circles and is quickly becoming the de facto crypto
currency for the world.
Today, virtual currency that is exchangeable for fiat currency
is gaining global significance that is similar to the Internet
itself. Bitcoin and other crypto currencies are now creating the
new, worldwide “Internet of Money.”
Bitcoin is not legal tender, rather, it is considered to be a
“collectable,” just like fine art. The world of fine art and crypto
currency converge in the Limited Edition Unique Sequence Series
(USS) RF Cryptograph, “Accepting Bitcoin.” This fine art limited
edition contains unique encoded resource elements within the
graphic design and contains a permanently embedded RFID microchip.
The cryptograph element can be interacted with by scanning with any
QR Code scanning app (that are freely available for any smart
phone.) Scanning the graphic takes the user to “Accepting Bitcoin”
page on TheArtBoard.EXCHANGE. This page features a Bitcoin
transaction box to exchange Bitcoin for the art.
“Accepting Bitcoin” is the world's first Limited Edition USS RF
Cryptograph and is offered exclusively by TheArtBoard.EXCHANGE. It
is a highly important avant garde work that draws an abstract line
between art, money and globalism. Fine art is considered by many
investors and collectors to be a great way to store money, economic
value and wealth. Fine art sales grew to a new record in 2014 with
global sales reported to be in excess of $65 billion. Growth
continues to outpace the rest of the economy.
“Accepting Bitcoin” Limited Edition USS RF Cryptograph is priced
at 10 BTC (approximately $2,250 at current exchange rate) and can
only be acquired from TheArtBoard.EXCHANGE with Bitcoin.
TheArtBoard.EXCHANGE is the global exchange of art and culture,
utilizing art, social media, mobile and Internet technology and
global corporate, political and economic exchange to engage,
enlighten and enhance the world.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150428006743/en/
TheArtBoard.EXCHANGEDavid Matthews, 972-997-5124Executive
Directordavid.matthews@TheArtBoard.EXCHANGE